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More Aid—Making It Work for the Poor

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  • Peter S. Heller
  • Sanjeev Gupta

Abstract

This paper highlights the economic challenges that would be associated with a successful effort by industrial countries to meet the goal of devoting 0.7 percent of their GNP to official development assistance (ODA) to help poor countries. To help achieve the Millennium Development Goals, enhanced ODA must be as productive as possible. In weighing the distribution of aid among countries, it is necessary to limit potentially adverse ‘real transfer effects’. A multi-pronged approach to ODA is recommended that includes the use of trust funds and the financing of global public goods, in addition to direct bilateral transfers.

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Bibliographic Info

Article provided by World Economics, Economic & Financial Publishing, 1 Ivory Square, Plantation Wharf, London, United Kingdom, SW11 3UE in its journal World Economics Journal.

Volume (Year): 3 (2002)
Issue (Month): 4 (October)
Pages: 131-146

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Handle: RePEc:wej:wldecn:122

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Cited by:
  1. Michael J. Artis, Luca Onorante, 2006. "The Economic Importance of Fiscal Rules," Economics Working Papers ECO2006/14, European University Institute.
  2. George Mavrotas & Bazoumana Ouattara, 2007. "Aid Modalities and Budgetary Response: Panel Data Evidence," Review of World Economics (Weltwirtschaftliches Archiv), Springer, vol. 143(4), pages 720-741, December.
  3. Buti, Marco & Eijffinger, Sylvester C W & Franco, Daniele, 2005. "The Stability Pact Pains: A Forward-Looking Assessment of the Reform Debate," CEPR Discussion Papers 5216, C.E.P.R. Discussion Papers.
  4. Fielding, David & Mavrotas, George, 2005. "The Volatility of Aid," Working Paper Series DP2005/06, World Institute for Development Economic Research (UNU-WIDER).
  5. Francesco Saraceno & Paola Monperrus-Veroni, 2004. "A Simple Proposal for a "Debt-Sensitive Stability Pact"," Vierteljahrshefte zur Wirtschaftsforschung / Quarterly Journal of Economic Research, DIW Berlin, German Institute for Economic Research, vol. 73(3), pages 471-480.
  6. Bourguignon, Fran.ois & Sundberg, Mark, 2006. "Absorptive Capacity and Achieving the MDGs," Working Paper Series RP2006/47, World Institute for Development Economic Research (UNU-WIDER).
  7. Addison, Tony & Mavrotas, George & McGillivray, Mark, 2005. "Development Assistance and Development Finance: Evidence and Global Policy Agendas," Working Paper Series RP2005/23, World Institute for Development Economic Research (UNU-WIDER).
  8. Platteau, Jean-Philippe & Gaspart, Frederic, 2003. "The Risk of Resource Misappropriation in Community-Driven Development," World Development, Elsevier, vol. 31(10), pages 1687-1703, October.
  9. Thierry Tressel & Alessandro Prati, 2006. "Aid Volatility and Dutch Disease," IMF Working Papers 06/145, International Monetary Fund.
  10. Addison, Tony & Mavrotas, George & McGillivray, Mark, 2005. "Aid, Debt Relief and New Sources of Finance for Meeting the Millennium Development Goals," Working Paper Series RP2005/09, World Institute for Development Economic Research (UNU-WIDER).
  11. Lin, Tun & Mavrotas, George, 2004. "A Contract Perspective on the International Finance Facility," Working Paper Series UNU-WIDER Research Paper , World Institute for Development Economic Research (UNU-WIDER).
  12. Mark McGillivray, 2003. "Efficacité de l'aide et sélectivité : vers un concept élargi," Revue d’économie du développement, De Boeck Université, vol. 17(4), pages 43-62.

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