The Effectiveness Of Aid In Promoting Economic Development In Developing Countries
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The Effectiveness Of Aid In Promoting Economic Development In Developing Countries
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Author : Weronika Krawczyk
language : en
Publisher:
Release Date : 2018-04-20
The Effectiveness Of Aid In Promoting Economic Development In Developing Countries written by Weronika Krawczyk and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-04-20 with categories.
Essay from the year 2018 in the subject Politics - International Politics - Topic: Development Politics, grade: 62.00, University of Reading, course: Development Finance, language: English, abstract: Ever year billions of dollars are channeled to developing countries to help them escape the poverty traps they are stuck in. According to the OECD statistics development aid given to the countries in need accounted for USD 142,6 billion in 2016. And, yet foreign aid remains a very controversial issue and its effectiveness has been highly debatable. The aim of this essay is to explore the reasons behind problematic aspects of development aid as well as to try to find a solution to them.
Lessons On Foreign Aid And Economic Development
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Author : Nabamita Dutta
language : en
Publisher: Springer Nature
Release Date : 2019-09-06
Lessons On Foreign Aid And Economic Development written by Nabamita Dutta and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-09-06 with Business & Economics categories.
A response to the pressing need to address and clarify the substantial ambiguity within current literature, this edited volume aims to deepen readers’ understanding of the impact of foreign aid on development outcomes based on the latest findings in research over the past decade. Foreign aid has long been seen as one of two extremes: either beneficial or damaging, a blessing or a curse. Consequently, many readers perceive aid’s effectiveness based on the work of scholars who are assessing the impact of aid from one of two antithetical perspectives. This book takes a different approach, shedding light on recent research that can deepen our understanding of the complex relationship between aid and its aftereffects. Drawing from an extensive set of studies that have explored micro and macro impacts of foreign aid for recipient nations, chapter authors highlight more layered and nuanced findings, with a focus on donor characteristics, political motives, and an evaluation of aid projects and their effectiveness, including the differential impact based on type of aid. This volume is the first of its kind to unpack aid as a complex rather than a unitary concept and explore the wide areas of grey that have long enshrouded foreign aid.
The Economics Of Aid
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Author : J. M. Healey
language : en
Publisher: Taylor & Francis
Release Date : 2010-11-29
The Economics Of Aid written by J. M. Healey and has been published by Taylor & Francis this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-11-29 with Business & Economics categories.
First published in 1971, this reissue considers the main aspects of foreign aid to developing countries in terms of economic concepts and principles. The author gives an economic definition of aid and considers the motives for giving aid and the principles on which it may be allocated. He looks at the effect on the economic growth of developing countries of both the aid given and the need to repay the debt, and the effect on trade patterns and resource allocation of tying aid to one particular project, or one source of goods. While economic analysis is only a first step in providing a basis for policy decisions on foreign aid, Dr Healey shows that many issues can be clarified by looking at them from the economists’ point of view.
Foreign Aid And Development
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Author : Finn Tarp
language : en
Publisher: Routledge
Release Date : 2000-08-17
Foreign Aid And Development written by Finn Tarp and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000-08-17 with Business & Economics categories.
Aid has worked in the past but can be made to work better in the future. This book offers important new research and will appeal to those working in economics, politics and development studies as well as to governmental and aid professionals.
The Developmental Effectiveness Of Aid To Africa
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Author : Tony Killick
language : en
Publisher: World Bank Publications
Release Date : 1991
The Developmental Effectiveness Of Aid To Africa written by Tony Killick 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 1991 with Afrika categories.
Aid to Sub-Saharan Africa has been less effective in promoting economic development than has aid to other regions. Policies in the recipient countries of Africa - though certainly not the only factor - play the most important role in determining aid's effectiveness. At the heart of the problem is politics, and the solution rests in the hands of the people of Africa.
Foreign Aid Allocation Governance And Economic Growth
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Author : Kamil Akramov
language : en
Publisher:
Release Date : 2012-11-30
Foreign Aid Allocation Governance And Economic Growth written by Kamil Akramov and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-11-30 with Developing countries categories.
Foreign aid to developing countries is a subject of heated debate among politicians, economists, and development specialists. Does aid promote economic growth and reduce poverty? Some argue that foreign aid has no effect on growth and may sometimes even undermine growth in aid recipient countries. Others suggest that foreign aid positively influences economic growth. Still others suggest that foreign aid has a positive impact on growth but this impact is conditional on a good institutional and policy environment. This debate has high stakes, given that foreign aid in the form of official development assistance (ODA) by leading donor nations reached over US$120 billion in 2010, the highest level ever recorded. This study contributes to the debate by taking a different approach from conventional analyses of the aid–growth relationship. Analysis of the aid–growth relationship shows no significant connection between aggregate aid and per capita GDP growth. Rather than treating ODA as a single category, the study disaggregates it into several different categories, based on which sector of a recipient’s economy the ODA is meant to help or promote. The study investigates whether changes in sectoral allocation of ODA influence the effectiveness of foreign aid in promoting economic growth. Although this is not an entirely new direction for research in this area, little is known about the possible causal impacts of aid to different sectors on economic growth. The results of the study are presented in Foreign Aid Allocation, Governance, & Economic Growth, recently published by the University of Pennsylvania Press for IFPRI.
Impact Of Development And Humanitarian Aid On Economic Growth Of Developing Countries
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Author : S.D. Dagne
language : en
Publisher:
Release Date : 2014
Impact Of Development And Humanitarian Aid On Economic Growth Of Developing Countries written by S.D. Dagne and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014 with categories.
Official Development Assistance (ODA), commonly known as foreign aid comprises resource transfers from developed to developing countries in the form of grants and loans at concessional financial terms. Even though the primary objective of foreign aid is to promote economic development and welfare in aid recipient countries, after decades of capital transfer several studies on the relationship between foreign aid and economic growth find contradicting results. The aim of this thesis is to test the hypothesis that the impact of foreign aid on economic growth per capita may differ between humanitarian and development aid in the short and long run for aid recipient countries. To test this hypothesis, we employ panel and cross sectional regressions and used Ordinary Least Squared (OLS) as well as Two Stage Least Squared (2SLS) estimation methods for 81 aid recipient countries between the time period of 1990 and 2010. The study uses a fixed effect model and regresses humanitarian and development aid on GDP per capita growth separately to observe short and long run impacts. Under the panel OLS estimation method we find that a one percent increase in development aid increases GDP per capita growth by 1.19 percentage-points where as it reduces GDP per capita growth by 6.8 percentage-points under 2SLS estimations. However, in the long run (cross sectional regression), we find this type of aid reduces GDP per capita growth by 0.53 percentage-points under OLS and by 1.13 percent under 2SLS estimation methods. Moreover, a one percent increase in humanitarian aid increases GDP per capita growth by 0.68 percentage-points under OLS estimations in the short (panel) and 0.62 in the long run (cross sectional) regression. The major causes of the difference with other studies are discussed in terms of specification, sample size and instrument used. Given these limitations, this study may contribute to the important debate which continues to surround the aid effectiveness argument. Further research is needed in this field to provide donors and recipients in order to improve development policy.
Foreign Aid For Development
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Author : George Mavrotas
language : en
Publisher: OUP Oxford
Release Date : 2010-02-25
Foreign Aid For Development written by George Mavrotas and has been published by OUP Oxford this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-02-25 with Business & Economics categories.
Foreign aid is one of the few topics in the development discourse with such an uninterrupted, yet volatile history in terms of interest and attention from academics, policymakers, and practitioners alike. Does aid work in promoting growth and reducing poverty in the developing world? Will a new 'big push' approach accelerate progress towards the Millennium Development Goals or will another opportunity be missed? Can the lessons of almost half a century of aid giving be learnt? These are truly important questions in view of the emerging new landscape in foreign aid and recent developments related to the global financial crisis, which are expected to have far reaching implications for both donors and recipients engaged in this area. Against this shifting aid landscape, there is a pressing need to evaluate progress to date and shed new light on emerging issues and agendas. This volume brings together leading aid experts to review the progress achieved so far, identify the challenges ahead, and discuss the emerging policy agenda in foreign aid. A central conclusion of this important and timely volume is that, since development aid remains crucial for many developing countries, a huge effort is needed from both donors and aid recipients to overcome the inefficiencies and make aid work better for poor people. After all, as global citizens, we have a moral obligation to do the best we can to lift people out of poverty in the developing world. The findings of this book will be of considerable interest to professionals and policymakers engaged in policy reforms in foreign aid, and provide an essential one-stop reference for students of development, international finance, and economics.
What Is Effective Aid
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Author : Charles Kenny
language : en
Publisher: World Bank Publications
Release Date : 2012
What Is Effective Aid written by Charles Kenny 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 2012 with categories.
There are significant weaknesses in some of the traditional justifications for assuming that aid will foster development. This paper looks at what the cross-country aid effectiveness literature and World Bank Operations Evaluation Department reviews have suggested about effective aid, first in terms of promoting income growth, and then for promoting other goals. This review forms the basis for a discussion of recommendations to improve aid effectiveness and a discussion of effective aid allocation. Given the multiple potential objectives for aid, there is no one right answer. However, it appears that there are a number of reforms to aid practices and distribution that might help to deliver a more significant return to aid resources. We should provide aid where institutions are already strong, where they can be strengthened with the help of donor resources, or where they can be bypassed with limited damage to existing institutional capacity. The importance of institutions to aid outcomes, as well as the fungibility of aid flows, suggests that programmatic aid should be expanded in countries with strong institutions, while project aid should be supported based on its ability to transfer knowledge and test new practices and support global public good provision rather than (merely) as a tool of financial resource transfer. The importance of institutions also suggests that we should be cautious in our expectations regarding the results of increased aid flows.
Assessing Aid
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Author :
language : en
Publisher: World Bank Publications
Release Date : 1998
Assessing Aid written by 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 1998 with Political Science categories.
Assessing Aid determines that the effectiveness of aid is not decided by the amount received but rather the institutional and policy environment into which it is accepted. It examines how development assistance can be more effective at reducing global poverty and gives five mainrecommendations for making aid more effective: targeting financial aid to poor countries with good policies and strong economic management; providing policy-based aid to demonstrated reformers; using simpler instruments to transfer resources to countries with sound management; focusing projects oncreating and transmitting knowledge and capacity; and rethinking the internal incentives of aid agencies.