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Rethinking Development Effectiveness

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  • M. G. Quibria

Abstract

This article reviews some recent research on aid effectiveness. An important finding of this research is that foreign aid has been much more effective than is generally presumed. It also suggests that the current aid allocation policy of development agencies, based on selectivity, has a fragile empirical foundation and discriminates against capacity-constrained/geographically disadvantaged countries. To achieve international development objectives, the fundamental basis for foreign aid allocation should be the Millennium Development Goals and national poverty reduction strategies—a bottom-up approach, as contrasted from the top-down method currently being practiced.

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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): 6 (2005)
Issue (Month): 1 (January)
Pages: 101-117

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Handle: RePEc:wej:wldecn:202

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Cited by:
  1. M. G. Quibria, 2006. "Does Governance Matter? Yes, No or Maybe - Some Evidence from Developing Asia," Working Papers 02-2006, Singapore Management University, School of Economics.
  2. Czaika, Mathias & Mayer, Amy, 2007. "Burden-sharing or migration management?," Proceedings of the German Development Economics Conference, Göttingen 2007 3, Verein für Socialpolitik, Research Committee Development Economics.

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