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Aid and development: Issues and reflections

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  • Michael Tribe

    ()
    (Department of Economics, University of Strathclyde)

Abstract

The paper has three main sections. The first is a review of two particular propositions which appear in Dambisa Moyo’s 2009 book Dead Aid which were not subjected to rigorous analysis in the reviews which appeared following its publication. The finding is that neither proposition survives serious scrutiny – that aid is responsible for most of sub-Saharan Africa’s economic woes and that the international bond market represents a viable alternative to foreign aid for the finance of development-oriented investment. The second questions some of the characteristics and uses of the World Bank’s Country Policy and Institutional Assessment (CPIA), particularly focussing on the use of an essentially ordinal measure in cardinal applications. The third subjects the UK Department for International Development’s Needs-Effectiveness Index to critical review, concluding that further consideration of its attributes is necessary.

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File URL: http://www.strath.ac.uk/media/departments/economics/researchdiscussionpapers/2013/13-09FINAL.pdf
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Paper provided by University of Strathclyde Business School, Department of Economics in its series Working Papers with number 1309.

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Length: 21 pages
Date of creation: Jun 2013
Date of revision:
Handle: RePEc:str:wpaper:1309

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Keywords: developing countries; foreign aid; sub-Saharan Africa; book review;

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  1. Geof Wood & Meera Tiwari & Ravi Kanbur & Andy Sumner, 2012. "Poor Countries Or Poor People? Development Assistance And The New Geography Of Global Poverty," Journal of International Development, John Wiley & Sons, Ltd., vol. 24(6), pages 686-695, 08.
  2. Burnside, Craig & Dollar, David, 1997. "Aid, policies, and growth," Policy Research Working Paper Series 1777, The World Bank.
  3. AfDB AfDB, . "African Development Report 2008/2009," African Development Report, African Development Bank, number 25 edited by Adeleke Oluwole Salami, 7.
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