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Foreign Aid: Pros, Cons and Ideas to Improve the Results in the World

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  • Carlos Alberto Prieto-Valero

Abstract

The paper analyses the situation of development aid in the world. The study uses data from a period of 50 years to show information such as main donors, receivers, goals and amounts of money delivered in foreign aid. The paper will present both positive and negative arguments regarding this topic using a thorough review of bibliographic sources. The scope of the paper will not be to support a position, but to propose ideas and present alternatives to improve the efficiency of economic aid. Also, it will present the advances that international institutions are implementing in order to enhance their effects in the world. Resumen El artículo analiza la situación de la cooperación internacional en el mundo. El estudio utiliza datos de un período de 50 anos para mostrar información acerca de donantes, receptores, objetivos y cantidades de dinero entregadas en ayuda internacional. Usando una revisión exhaustiva de las fuentes bibliográficas, el documento presenta argumentos positivos y negativos con respecto a este tema. En el alcance, no trata de apoyar una u otra posición, sino proponer ideas y presentar alternativas para mejorar la eficiencia de la ayuda económica. Además, muestra los avances que las instituciones internacionales están implementando para mejorar sus efectos en el mundo.

Suggested Citation

  • Carlos Alberto Prieto-Valero, 2020. "Foreign Aid: Pros, Cons and Ideas to Improve the Results in the World," Revista de Economía y Administración, Universidad Autónoma de Occidente, December.
    • Handle: RePEc:col:000156:018546
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    File URL: https://revistas.uao.edu.co/ojs/index.php/REYA/article/view/297
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