The impact of multilateral and tied bilateral aid on the UK economy
AbstractIn line with their commitment to reduce public spending, the Conservative government under Thatcher cut the aid budget by some six per cent in real terms in their first five years in power, with the brunt of the cuts falling on bilateral aid. Business groups deplored this trend and argued that it be reversed because tied bilateral aid generated greater commercial benefits for the economy than multilateral aid, an argument which government ministers appeared to accept. We estimate and compare the impact of multilateral and tied bilateral aid on the UK economy in 1980 and 1985 using Input-Output impact analysis. The results suggest, quite strongly, that multilateral aid generates greater benefits both in volume terms and per equivalent amount of aid expenditure. We conclude that the case for the increased use of tied bilateral aid is weaker than commonly supposed.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by John Wiley & Sons, Ltd. in its journal Journal of International Development.
Volume (Year): 2 (1990)
Issue (Month): 1 (January)
Contact details of provider:
Web page: http://www3.interscience.wiley.com/journal/5102/home
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Ruerd RUBEN, 2012. "Dimensionner l'aide au développement : ce que nous enseigne l'évaluation. Dimensioning Development Aid: Some Lessons from Evaluation," Revue d’économie du développement, De Boeck Université, vol. 26(4), pages 95-123.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Wiley-Blackwell Digital Licensing) or (Christopher F. Baum).
If references are entirely missing, you can add them using this form.