IDEAS home Printed from https://ideas.repec.org/a/sae/intstu/v42y2005i2p103-121.html
   My bibliography  Save this article

Revisiting Foreign Aid Theories

Author

Listed:
  • Ashok Kumar Pankaj

    (Ashok Kumar Pankaj is Senior Lecturer, Department of Political Science, Vaish College, Rohtak, Haryana, India.)

Abstract

Foreign aid, as a subject matter of political economy, has been intensely debated in global development discourse and international politics. Does aid lead to growth and development of the underdeveloped countries? Or is it an instrument used by donor countries to promote their domestic and foreign policy interests? The theory and practice of foreign aid suggest that even if it may be useful for the economic development of underdeveloped and developing countries in the initial stages; development comes through indigenous efforts and not through foreign aid. Moreover, there are serious political and economic hazards of a foreign aid led growth model and long-term dependence on foreign aid. Therefore, foreign aid may be desirable but not essential for the development of these countries. But more importantly, while negotiating aid, the recipient countries should be cautious of donor motives and their own national and foreign policy interests.

Suggested Citation

  • Ashok Kumar Pankaj, 2005. "Revisiting Foreign Aid Theories," International Studies, , vol. 42(2), pages 103-121, April.
    • Handle: RePEc:sae:intstu:v:42:y:2005:i:2:p:103-121
    DOI: 10.1177/002088170404200201
    as

    Download full text from publisher

    File URL: https://journals.sagepub.com/doi/10.1177/002088170404200201
    Download Restriction: no
    File URL: https://libkey.io/10.1177/002088170404200201?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Workneh, Migbaru Alamirew, 2018. "Poverty and unemployment in Spain during the 2008's financial crises," MPRA Paper 92145, University Library of Munich, Germany.
    2. Workneh, Migbaru Alamirew & Francken, Nathalie, 2015. "A review of the impact of foreign aid on domestic saving," MPRA Paper 92174, University Library of Munich, Germany, revised 13 Feb 2019.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sae:intstu:v:42:y:2005:i:2:p:103-121. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: SAGE Publications (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.