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Lessons on Foreign Aid and Economic Development

Lessons on Foreign Aid and Economic Development PDF Author: Nabamita Dutta
Publisher: Springer Nature
ISBN: 3030221210
Category : Business & Economics
Languages : en
Pages : 302

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.

Lessons on Foreign Aid and Economic Development

Lessons on Foreign Aid and Economic Development PDF Author: Nabamita Dutta
Publisher: Springer Nature
ISBN: 3030221210
Category : Business & Economics
Languages : en
Pages : 302

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.

The Economics of Aid

The Economics of Aid PDF Author: J. M. Healey
Publisher: Taylor & Francis
ISBN: 1136889787
Category : Business & Economics
Languages : en
Pages : 81

Book Description
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.

The Effect of Foreign Aid on Economic Growth in Developing Countries

The Effect of Foreign Aid on Economic Growth in Developing Countries PDF Author: Semere Tesfamariam Kahsay
Publisher:
ISBN: 9783346337528
Category :
Languages : en
Pages :

Book Description


The Role of Foreign Aid in Development

The Role of Foreign Aid in Development PDF Author: Eric Jackson Labs
Publisher:
ISBN:
Category : Developing countries
Languages : en
Pages : 96

Book Description


Handbook on the Economics of Foreign Aid

Handbook on the Economics of Foreign Aid PDF Author: Byron Lew
Publisher: Edward Elgar Publishing
ISBN: 1783474599
Category : Business & Economics
Languages : en
Pages : 648

Book Description
It would be fair to say that foreign aid today is one of the most important factors in international relations and in the national economy of many countries – as well as one of the most researched fields in economics. Although much has been written on the subject of foreign aid, this book contributes by taking stock of knowledge in the field, with chapters summarizing long-standing debates as well as the latest advances. Several contributions provide new analytical insights or empirical evidence on different aspects of aid, including how aid may be linked to trade and the motives for aid giving. As a whole, the book demonstrates how researchers have dealt with increasingly complex issues over time – both theoretical and empirical – on the allocation, impact, and efficacy of aid, with aid policies placed at the center of the discussion. In addition to students, academics, researchers, and policymakers involved in development economics and foreign aid, this Handbook will appeal to all those interested in development issues and international policies.

Foreign Aid and Economic Growth

Foreign Aid and Economic Growth PDF Author: Janine L. Bowen
Publisher: Routledge
ISBN: 0429667698
Category : Business & Economics
Languages : en
Pages : 104

Book Description
Published in 1998, this book provides an empirical analysis of the impact of foreign economic aid in 67 developed countries over a 19 year period. The results include the relationships between aid and growth and the implication that methodologies traditionally used have been largely responsible for inconsistent findings in the past.

The Oxford Handbook of the Social Science of Poverty

The Oxford Handbook of the Social Science of Poverty PDF Author: David Brady
Publisher: Oxford University Press
ISBN: 0199914052
Category : Political Science
Languages : en
Pages : 937

Book Description
The Oxford Handbook of the Social Science of Poverty builds a common scholarly ground in the study of poverty by bringing together an international, inter-disciplinary group of scholars to provide their perspectives on the issue. Contributors engage in discussions about the leading theories and conceptual debates regarding poverty, the most salient topics in poverty research, and the far-reaching consequences of poverty on the individual and societal level.

Politics and the Effectiveness of Foreign Aid

Politics and the Effectiveness of Foreign Aid PDF Author: Peter Boone
Publisher:
ISBN:
Category : Developing countries
Languages : en
Pages : 72

Book Description
Critics of foreign aid programs have long argued that poverty reflects government failure. In this paper I analyze the effectiveness of foreign aid programs to gain insights into political regimes in aid recipient countries. My analytical framework shows how three stylized political/economic regimes labeled egalitarian, elitist and laissez-faire would use foreign aid. I then test reduced form equations using data on nonmilitary aid flows to 96 countries. I find that models of elitist political regimes best predict the impact of foreign aid. Aid does not significantly increase investment and growth, nor benefit the poor as measured by improvements in human development indicators, but it does increase the size of government. I also find that the impact of aid does not vary according to whether recipient governments are liberal democratic or highly repressive. But liberal political regimes and democracies, ceteris paribus, have on average 30% lower infant mortality than the least free regimes. This may be due to greater empowerment of the poor under liberal regimes even though the political elite continues to receive the benefits of aid programs. An implication is that short term aid targeted to support new liberal regimes may be a more successful means of reducing poverty than current programs.

The Effect of Foreign Aid on Economic Growth and Corruption in 67 Developing Countries

The Effect of Foreign Aid on Economic Growth and Corruption in 67 Developing Countries PDF Author: Vanarith Chheang
Publisher:
ISBN:
Category :
Languages : en
Pages : 38

Book Description
This study examines the effect of foreign aid on economic growth and corruption in developing countries. Using panel data from 67 countries from 1986-2005, in two fixed effect models, the study finds that, after controlling for other factors, aid has no positive effect on economic growth. However, it finds that aid is positively related to corruption. That is, the more aid a country gets the better the corruption ranking of the country is. These findings suggest two lessons for policymakers. First, aid should not be used in expectation of increasing economic growth of recipient countries. Second, aid may be effective in improving the quality of governance in these countries.

The Effect of Foreign Aid in Promoting Economic Growth in Zambia (1986 - 2018)

The Effect of Foreign Aid in Promoting Economic Growth in Zambia (1986 - 2018) PDF Author: Daniel Tonga
Publisher: GRIN Verlag
ISBN: 3346101975
Category : Business & Economics
Languages : en
Pages : 85

Book Description
Master's Thesis from the year 2019 in the subject Economics - Case Scenarios, University of Lusaka (University of Lusaka UNILUS), course: Economics and Finance, language: English, abstract: This research study has analyzed the effects of foreign aid in promoting economic growth in Zambia. The study used available data in Zambia from 1986 – 2018. The study adopted the ARDL model for investigating the short and long time relationship between foreign aid and Gross Domestic Product GDP. The hypothesis of foreign aid having an effect on economic growth was explored and examined. This study sought to archive the following objectives: To establish whether there is a connection between foreign aid and economic growth in Zambia and determine whether foreign aid significantly contributed to Zambia’s economic growth in the period under review. For policy implications, this study also analyzed the determinant of economic growth in Zambia over the same period. The results clearly revealed a positive relationship between foreign aid and Zambia’s economic growth in a given period that was under investigation. The findings in this study affirm that foreign aid may be important in promoting economic growth. This study also asserts that foreign aid may be effective in improving the quality and lives of people if used effectively. Thus, the outcome of this study recommends that foreign aid be directed towards the promotion of investment because its proper use can promote and boots the country’s economic growth. For policy implications, this study also found that independent variables such as Foreign Direct Investment FDI, Population Growth, Government Expenditure and Consumer Price Index as important and determinants of economic growth in Zambia over the same period. Thus, this study found that important drivers of economic growth included foreign aid inflow, population growth, investment whilst government expenditure and inflation affected GDP negatively, thus their impact was insignificant and negligible. This study furthers found efficiency and effectiveness of programs by government supported by foreign aid being effective to promote growth, hence, the reason why it is important for traditional donors to support government in many sectors.