NYU’s Development Research Institute Recognized for Scholarship on Impact of Foreign Aid

New York University s Development Research Institute (DRI) has been recognized by Spain s BBVA Foundation for its innovative scholarship on the impact of foreign aid. In selecting DRI for its 2009 Frontiers of Knowledge Award, which carries a cash prize of 400,000 (approximately $560,000), the foundation also noted the institute s challenge to the conventional wisdom in development assistance.