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Foreign Aid: New Perspectives

Foreign Aid: New Perspectives PDF Author: K. L. Gupta
Publisher: Springer Science & Business Media
ISBN: 1461550955
Category : Business & Economics
Languages : en
Pages : 285

Book Description
Foreign aid has been an area of active scholarly investigation since the end of the Second World War, but particularly since the early 1950s when a large number of the erstwhile colonies became independent. Few areas of public policy involving the developed and developing countries have aroused more passion and ideological debate than foreign aid. In spite of the massive amount of research in the field, there is still not enough work in two areas: the first involves the mechanisms through which aid influences the economies of the donor and the recipient countries; and the second, country-specific assessments of the effectiveness of foreign aid. Foreign Aid: New Perspectives is aimed at making a contribution in these two areas. The contents of this volume are divided into four parts. Part I deals with some theoretical aspects of foreign aid, while the second part analyzes some general policy aspects. Part III turns to the donor experience and includes one paper on the Danish experience. The last part considers the recipient experience and consists of five case studies.

Foreign Aid: New Perspectives

Foreign Aid: New Perspectives PDF Author: K. L. Gupta
Publisher: Springer Science & Business Media
ISBN: 1461550955
Category : Business & Economics
Languages : en
Pages : 285

Book Description
Foreign aid has been an area of active scholarly investigation since the end of the Second World War, but particularly since the early 1950s when a large number of the erstwhile colonies became independent. Few areas of public policy involving the developed and developing countries have aroused more passion and ideological debate than foreign aid. In spite of the massive amount of research in the field, there is still not enough work in two areas: the first involves the mechanisms through which aid influences the economies of the donor and the recipient countries; and the second, country-specific assessments of the effectiveness of foreign aid. Foreign Aid: New Perspectives is aimed at making a contribution in these two areas. The contents of this volume are divided into four parts. Part I deals with some theoretical aspects of foreign aid, while the second part analyzes some general policy aspects. Part III turns to the donor experience and includes one paper on the Danish experience. The last part considers the recipient experience and consists of five case studies.

New Perspectives on Foreign Aid and Economic Development

New Perspectives on Foreign Aid and Economic Development PDF Author: B. Mak Arvin
Publisher: Bloomsbury Publishing USA
ISBN: 0313012288
Category : Business & Economics
Languages : en
Pages : 314

Book Description
The success or failure of economic assistance programs is a shared responsibility of recipient countries and donors. The negative attitude about aid prevalent today underscores a perception the aid has failed. Critics often blame corrupt regimes, weak governments, or poor economic policies. However, the poor track record of aid is also due to donors' inability to allocate limited funds effectively and poor coordination of their aid efforts. Declining aid budgets have led to fundamental questioning of foreign aid's allocation and utility, while the apparent ineffectiveness of aid has shrunk aid budgets and turned public opinion against providing it. This edited collection containing pieces written by leading development specialists evaluates these emerging questions of allocation and efficiency. Development economists, policy makers, and development specialists will benefit from reading this work. Chapters examine the optimal and intertemporal allocation of aid, the role and accountability of NGOs in allocation, the importance of untying (a new perspective on low levels of aid), and links between the allocation pattern of donors. Additional chapters deal with the impact of aid on economic growth, democracy, wage inequality between skilled and unskilled labor, and the role of governance and institutional capacity in aid effectiveness. An effective balance between theoretical and empirical models is offered to better illustrate the issues involved.

Foreign Aid and Development

Foreign Aid and Development PDF Author: Finn Tarp
Publisher: Routledge
ISBN: 1134608489
Category : Business & Economics
Languages : en
Pages : 415

Book Description
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.

Lessons on Foreign Aid and Economic Development

Lessons on Foreign Aid and Economic Development PDF Author: Nabamita Dutta
Publisher: Palgrave Macmillan
ISBN: 9783030221201
Category : Business & Economics
Languages : en
Pages : 0

Book Description
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.

A Study of China's Foreign Aid

A Study of China's Foreign Aid PDF Author: Y. Shimomura
Publisher: Springer
ISBN: 1137323779
Category : Business & Economics
Languages : en
Pages : 252

Book Description
This book provides a new perspective of China's controversial foreign aid strategy. The chapters offer a thorough examination of data to show how China has created knowledge in its long experiences of aid and how this accumulated knowledge could contribute to other developing countries. The book also examines China's aid philosophy and strategy through an Asian perspective, instead of the Western perspective that is postulated in existing academic literature. This is important as China shares a number of common features with other Asian donors, including India and Japan. Finally, the book explores how to utilize the potential effect of this rising major donor for worldwide development and poverty reduction.

New Perspectives on Aid Effectiveness

New Perspectives on Aid Effectiveness PDF Author: Finn Tarp
Publisher:
ISBN:
Category :
Languages : en
Pages :

Book Description
Foreign aid has undergone many fundamental shifts since the middle of the last century. During the 1960s and 1970s, the international development community added a multilateral agenda of development goals, institutions, and procedures to traditional bilateralism. Thinking about development policy was drastically modified from the early 1980s onward, and the evolving donor-recipient relationship as it exists today can best be described as uncertain and circumspect. In parallel, the global economic context in which foreign aid is implemented has been transformed in ways unimagined at the time of the Bretton Woods Conference. Emerging from debates about the “micro-macro” paradox in the 1980s, the analysis of aid effectiveness became dominated by macro econometric approaches during the 1990s. Convincing evidence appeared that aid works at both the macroeconomic and microeconomic levels, but the putative lessons learned from this inference vary greatly, and disagreements persist about necessary and sufficient conditions for effective economic assistance. This is true both with reference to more narrow debates about appropriate economic policy and to the wider institutional context within which aid is implemented. Since the mid-1990s, the donor-driven nature of many aid programs has inspired repeated calls for a new kind of partnership (Helleiner 2000). One response has been the increased use of the concept of ownership in the rhetoric of aid policy, but what this means in theory and practice is not entirely clear. After a historical survey of the aid effectiveness literature, this paper turns to a brief empirical narrative on the changing relative importance of aid in the present era of globalization. As a modest contribution to renewing perspectives on development assistance, this is followed by a set of five guidelines for effective aid relationships in the future before conclusions are drawn.

Dead Aid

Dead Aid PDF Author: Dambisa Moyo
Publisher: Macmillan
ISBN: 0374139563
Category : Business & Economics
Languages : en
Pages : 209

Book Description
Debunking the current model of international aid promoted by both Hollywood celebrities and policy makers, Moyo offers a bold new road map for financing development of the world's poorest countries.

Reinventing Foreign Aid

Reinventing Foreign Aid PDF Author: William R. Easterly
Publisher: MIT Press
ISBN: 0262550660
Category : Business & Economics
Languages : en
Pages : 581

Book Description
Top experts in the field discuss how to improve the effectiveness of foreign aid, proposing practical solutions to specific problems rather than a utopian master plan. The urgency of reducing poverty in the developing world has been the subject of a public campaign by such unlikely policy experts as George Clooney, Alicia Keyes, Elton John, Angelina Jolie, and Bono. And yet accompanying the call for more foreign aid is an almost universal discontent with the effectiveness of the existing aid system. In Reinventing Foreign Aid, development expert William Easterly has gathered top scholars in the field to discuss how to improve foreign aid. These authors, Easterly points out, are not claiming that their ideas will (to invoke a current slogan) Make Poverty History. Rather, they take on specific problems and propose some hard-headed solutions. Easterly himself, in an expansive and impassioned introductory chapter, makes a case for the “searchers”—who explore solutions by trial and error and learn from feedback—over the “planners”—who throw an endless supply of resources at a big goal—as the most likely to reduce poverty. Other writers look at scientific evaluation of aid projects (including randomized trials) and describe projects found to be cost-effective, including vaccine delivery and HIV education; consider how to deal with the government of the recipient state (work through it or bypass a possibly dysfunctional government?); examine the roles of the International Monetary Fund (a de-facto aid provider) and the World Bank; and analyze some new and innovative proposals for distributing aid. Contributors Abhijit Banerjee, Nancy Birdsall, Craig Burnside, Esther Duflo, Domenico Fanizza, William Easterly, Ruimin He, Kurt Hoffman, Stephen Knack, Michael Kremer, Mari Kuraishi, Ruth Levine, Bertin Martens, John McMillan, Edward Miguel, Jonathan Morduch, Todd Moss, Gunilla Pettersson, Lant Pritchett, Steven Radelet, Aminur Rahman, Ritva Reinikka, Jakob Svensson, Nicolas van de Walle, James Vreeland, Dennis Whittle, Michael Woolcock

Aid as Handmaiden for the Development of Institutions

Aid as Handmaiden for the Development of Institutions PDF Author: M. Nissanke
Publisher: Springer
ISBN: 1137023481
Category : Business & Economics
Languages : en
Pages : 275

Book Description
Through comparative studies of aid-supported infrastructure projects in East Asia and Sub-Saharan Africa, the book examines how aid could assist development processes by facilitating development of local endogenous institutions.

The Quest for a New International Aid Architecture

The Quest for a New International Aid Architecture PDF Author: Hatice Karahan
Publisher: Palgrave Macmillan
ISBN: 9783030504441
Category : Business & Economics
Languages : en
Pages : 262

Book Description
This book examines Turkey’s success within international development cooperation and how this could create a framework for a new international aid architecture. Turkey has become a world leader in humanitarian assistance and shared an extraordinary burden in official development assistance (ODA). Its achievements are used to highlight the global failure to meet aid commitments and the increasingly permanent humanitarian problems seen in certain regions. A particular focus is given to Turkey’s diplomatic and humanitarian actions, its contribution to regional stability and development, and creating a holistic aid perspective. The book aims to provide the reader with an understanding of Turkey’s significant value-added contribution to the international aid architecture, gives an outline for international cooperation, and contributes to ongoing discussions within development economics, political science, and international relations.