Toward the Enhanced Effectiveness of Foreign Aid
AbstractAt the very time that professional skepticism concerning the effectiveness of foreign aid has reached new heights, donors seem to be ready to substantially increase the volume of aid they are willing to make available. This paper attempts to address this paradox by first examining the record of aid in the past, distinguishing between cross-country regressions and select country experience. It subsequently proceeds to propose the establishment of a new modus operandi for foreign aid, based on a much more passive, bankerlike posture by donors, leavin the initiative for defining what reforms are feasible, plus the establishment of self-conditionality, to third world recipients before they approach the international community of donors.
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Bibliographic InfoPaper provided by Economic Growth Center, Yale University in its series Working Papers with number 938.
Length: 19 pages
Date of creation: Jun 2006
Date of revision:
Foreign Aid; Development;
Find related papers by JEL classification:
- O11 - Economic Development, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
- O19 - Economic Development, Technological Change, and Growth - - Economic Development - - - International Linkages to Development; Role of International Organizations
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- Quibria, M.G & Ahmad, Shafi, 2007. "Aid Effectiveness in Bangladesh," MPRA Paper 10299, University Library of Munich, Germany, revised Sep 2008.
- Bigsten, Arne, 2006. "Aid and Economic Development in Africa," Working Papers in Economics 237, University of Gothenburg, Department of Economics.
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