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The New Model of Foreign Aid Drawn from the Experiences of Japan and the United States

Author

Listed:
  • Gustav Ranis

    (Economic Growth Center, Yale University)

  • Stephen Kosack

    (Harvard University)

  • Ken Togo

    (Musashi University)

Abstract

This paper compares Japan and the US as they provide different types of capital to the developing world, focusing especially on foreign aid and, to some extent, also on remittances and the role of NGOs. The main focus is on the quality of aid and on past conceptual differences and on an emerging convergence between these two major donors, with Japan having the potential advantage of being able to bring its own historical experience in development to bear.

Suggested Citation

  • Gustav Ranis & Stephen Kosack & Ken Togo, 2011. "The New Model of Foreign Aid Drawn from the Experiences of Japan and the United States," Working Papers 1003, Economic Growth Center, Yale University.
    • Handle: RePEc:egc:wpaper:1003
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    File URL: http://www.econ.yale.edu/growth_pdf/cdp1003.pdf
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    References listed on IDEAS

    as
    1. Adams, Richard Jr. & Page, John, 2005. "Do international migration and remittances reduce poverty in developing countries?," World Development, Elsevier, vol. 33(10), pages 1645-1669, October.
    2. Michael A. Clemens & Steven Radelet, 2003. "The Millennium Challenge Account: How Much is Too Much, How Long is Long Enough?," Working Papers 23, Center for Global Development.
    3. Nancy Birdsall & Owen Barder, 2006. "Payments for Progress: A Hands-Off Approach to Foreign Aid," Working Papers 102, Center for Global Development.
    4. Iimi, Atsushi & Ojima, Yasuhisa, 2008. "Complementarities between grants and loans," Journal of the Japanese and International Economies, Elsevier, vol. 22(1), pages 109-141, March.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Momita, Yasuaki & Matsumoto, Tomoya & Otsuka, Keijiro, 2019. "Has ODA contributed to growth? An assessment of the impact of Japanese ODA," Japan and the World Economy, Elsevier, vol. 49(C), pages 161-175.

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    More about this item

    Keywords

    foreign aid; remittances; NGO; Japan; U.S.;
    All these keywords.

    JEL classification:

    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration
    • O16 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Financial Markets; Saving and Capital Investment; Corporate Finance and Governance
    • O23 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Fiscal and Monetary Policy in Development

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