Growth Development Aid And Finance
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Growth Development Aid And Finance
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Author : Jagdish N. Bhagwati
language : en
Publisher:
Release Date : 1967
Growth Development Aid And Finance written by Jagdish N. Bhagwati and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1967 with Economic assistance categories.
The Search For The Key
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Author : David Dollar
language : en
Publisher: World Bank Publications
Release Date : 1999
The Search For The Key written by David Dollar and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999 with Africa categories.
The Search For The Key
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Author : William Easterly
language : en
Publisher:
Release Date : 2016
The Search For The Key written by William Easterly and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016 with categories.
Aid does not necessarily finance investment, and investment does not necessarily promote growth. But the combination of private investment, good policies, and foreign aid is quite powerful. When societies themselves take the lead in putting growth-enhancing policies in place, foreign aid can play a powerful supporting role, bringing ideas, technical assistance, and money.Dollar and Easterly's study of aid, investment, and policies in Africa leads them to four principal conclusions:deg; The traditional links between aid, investment, and growth are not robust. Aid does not necessarily finance investment and investment does not necessarily promote growth.deg; Differences in economic policies can explain much of the difference in growth performance. Poor quality of public services, closed trade regimes, financial repression, and macroeconomic mismanagement explain Africa's poor record.deg; Foreign aid cannot easily promote lasting policy reform in countries where there is no strong domestic movement in that direction. Country ownership of reform is more important than donor conditionality.deg; These three conclusions imply that societies themselves must take the lead in putting growth-enhancing policies in place. When this happens, foreign aid can play a powerful supporting role, bringing ideas, technical assistance, and money. The combination of private investment, good policies, and foreign aid is quite powerful.Where do we stand in the search for the key to growth in Africa? Because past keys to growth in Africa have failed, Dollar and Easterly are cautious about claims to a new key. But even if aid-cum-private-investment-cum-policy reform falls short of being the one and only key to growth, disbursing aid into good policy environments would be an improvement on current practices.This paper - a product of Macroeconomics and Growth, Development Research Group - is part of a larger effort in the group to examine aid effectiveness. The authors may be contacted at [email protected] or [email protected].
A Case For Aid
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Author : James D. Wolfensohn
language : en
Publisher: World Bank Publications
Release Date : 2002-01-01
A Case For Aid written by James D. Wolfensohn and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002-01-01 with Business & Economics categories.
Annotation A Case for Aid: Building a Consensus for Development Assistance is a selection of readings associated with the United Nations International Conference on Financing for Development which was held in Monterrey, Mexico, in March 2002. The focus of the book is the report, 'The Role and Effectiveness of Development Assistance: Lessons from World Bank Experience.' Also included are "A Partnership for Development and Peace, " by James D. Wolfensohn, president of the World Bank Group; "Making the Case for Aid, " by Nicholas Stern, chief economist of the World Bank; and "The Monterrey Consensus, " the official United Nations document that outlines the major agreements at the conference.
Globalization For Development
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Author : Ian Goldin
language : en
Publisher: World Bank Publications
Release Date : 2006
Globalization For Development written by Ian Goldin and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006 with Social Science categories.
"Globalization and its relation to poverty reduction and development is not well understood. The book identifies the ways in which globalization can overcome poverty or make it worse. The book defines the big historical trends, identifies main global flows-trade, finance, aid, migration, and ideas-and examines how each can contribute to undermine economic development. By considering what helps and what does not, the book presents policy recommendations to make globalization more effective as a vehicle for shared growth and prosperity. It will be of interest to students, researchers and anyone interested in the effects of globalization in today's economy and in international development issues."
Budget Support Versus Project Aid
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Author : Mr.Tito Cordella
language : en
Publisher: International Monetary Fund
Release Date : 2003-04-01
Budget Support Versus Project Aid written by Mr.Tito Cordella and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003-04-01 with Business & Economics categories.
Should donors who are interested in the effectiveness of developmental programs rely on conditional budget support or on project aid? To answer this question, we present a model in which only a subset of the developmental expenditures can be subject to conditionality. We show that budget support is preferable to project aid when donors and recipients' preferences are aligned, and when assistance is small relative to recipients' resources. Then, we test our model estimating a modified growth model for a panel of developing countries, and find evidence in support of our predictions.
Development Without Aid
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Author : Melvyn B. Krauss
language : en
Publisher:
Release Date : 1984
Development Without Aid written by Melvyn B. Krauss and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1984 with Business & Economics categories.
The Principles Of Development Aid
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Author : Edward Kenneth Hawkins
language : en
Publisher: Penguin Group
Release Date : 1970
The Principles Of Development Aid written by Edward Kenneth Hawkins and has been published by Penguin Group this book supported file pdf, txt, epub, kindle and other format this book has been release on 1970 with Business & Economics categories.
Textbook on the principles underlying the operational activities of economic aid to developing countries - analyses the relationships between recipients and donors under the concessional terms of financial assistance, the role of UN and specialized agencies, and prospective trends in development assistance with particular reference to the recommendations of the pearson commission. Bibliography pp. 141 to 143 and references.
Changing The Conditions For Development Aid
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Author : Neils Hermes
language : en
Publisher: Routledge
Release Date : 2019-05-23
Changing The Conditions For Development Aid written by Neils Hermes and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-05-23 with Social Science categories.
In 1998 the World Bank published a report entitled "Assessing Aid: What Works, What Doesn't and Why". This report presents the results of an extensive investigation into the effectiveness of development aid. The main message of the text of the report is that development aid helps, but only when there is a good policy environment in the recipient countries, that is when there is sound macroeconomic management and when robust government institutions exist. It stresses that it is a myth to think that good policies can be bought by giving development aid: giving aid conditional on policy reforms does not lead to improved economic policies. The conclusion of the World Bank report is that aid flows should be directed only to countries with sound policies and that it should be focused more on supporting governments in reforming entire sectors, rather than on specific development projects. The "Assessing Aid" report has led to heated debates, both among academics and policy-makers, about development aid and aid policies. Many have questioned the methodology used, the results and the policy conclusions of the report. This book aims to contribute to the ongoing discussion about the future of development aid. In particular, it re-examines a number of issues that are crucial to the analysis and to the conclusions of the World Bank report. In this study the authors aim to put the discussion on the future of development aid into perspective and summarise the main findings of the other studies in this collection. They focus on two issues: the aid effectiveness debate before and after the Assessing Aid report, and the discussion on policy conditionality and good governance. Section II provides a brief survey of past research on aid effectiveness, that is, before publication of the Assessing Aid report and summarises the main findings of the World Bank report on aid effectiveness. In this study the authors aim to put the discussion on the future of development aid into perspective and summarise the main findings of the other studies in this collection. They focus on two issues: the aid effectiveness debate before and after the Assessing Aid report, and the discussion on policy conditionality and good governance. Section II provides a brief survey of past research on aid effectiveness, that is, before publication of the Assessing Aid report and summarises the main findings of the World Bank report on aid effectiveness.
Local Financial Development And The Aid Growth Relationship
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Author : Mwanza Nkusu
language : en
Publisher:
Release Date : 2006
Local Financial Development And The Aid Growth Relationship written by Mwanza Nkusu and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006 with categories.
With official development assistance (ODA) set to rise as countries strive to meet the Millennium Development Goals (MDGs), aid effectiveness remains an important area of development policy. An increasing number of studies support the notion that ODA can contribute to growth in a nonlinear relationship. In this paper, we investigate a new hypothesis regarding this relationship: that deeper financial markets in aid-recipient countries facilitate the management of aid flows, thereby enhancing aid effectiveness. An empirical analysis, using a panel data set, finds robust support for the hypothesis.