Aid performance and its determinants. A comparison of Italy with the OECD norm
This paper argue that Italy's aid performance is problematic in more than one respect. To start with, the country's aid volume is low in relation to whatever normative or positive benchmark is utilized, and a minimum of € 1.4-2.8 billion is required to reach the aid level warranted by its specifie macroeconomic, structural and institutional conditions. lts performance is weak not only in relation to the average DAC behaviour, but also to that of other less prosperous Southern European countries. In addition, the level of arrears (signaling a weak aid administration), though falling in relation to the past, remains high. This paper also shows that the ltalian aid gap - relative to an unimpressive DAC average behaviour -persists even when accounting for the country's unfavourable conditions (and, in some cases, one wonders whether these are justifiable), regardless of the politieal orientation of the various governments that succeeded themselves at the helm of the country. The achievement of international targets is becoming more and more distant over time - and reaching these objectives, to whieh now the main European partners of Italy are firmly committed, will require a large budgetary effort. lt is time the country respects the international obligations it has underwritten and starts playing also in the field of foreign aid a role consistent with its economie weight, history, geography and collective ethic.
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- M. Ugur Karakaplan & Bilin Neyapti & Selin Sayek, 2005.
"Aid and Foreign Direct Investment : International Evidence,"
0505, Department of Economics, Bilkent University.
- Ugur Karakaplan & Bilin Neyapti & Selin Sayek, 2005. "Aid and Foreign Direct Investment: International Evidence," Working Papers 2005/12, Turkish Economic Association.
- Christopher S Adam & Stephen A O'Connell, 2004. "Aid versus Trade Revisited: Donor and Recipient Policies in the Presence of Learning-by-Doing," Economic Journal, Royal Economic Society, vol. 114(492), pages 150-173, 01.
- Cohen, Daniel, 1996. "The sustainability of African debt," Policy Research Working Paper Series 1621, The World Bank.
- Dudley, Leonard M, 1979.
"Foreign Aid and the Theory of Alliances,"
The Review of Economics and Statistics,
MIT Press, vol. 61(4), pages 564-71, November.
- Riccardo Faini, 2006.
"Foreign aid and fiscal policy,"
Development Working Papers
212, Centro Studi Luca d\'Agliano, University of Milano.
- Mark Gradstein & Alberto E. Chong, 2006.
"Who's Afraid of Foreign Aid?: The Donors' Perspective,"
IDB Publications (Working Papers)
6706, Inter-American Development Bank.
- Alberto Chong & Mark Gradstein, 2006. "Who’s Afraid of Foreign Aid? The Donors’ Perspective," CESifo Working Paper Series 1833, CESifo Group Munich.
- Alberto Chong & Mark Gradstein, 2006. "Who's Afraid of Foreign Aid? The Donors' Perspective," Research Department Publications 4452, Inter-American Development Bank, Research Department.
- Burnside, Craig & Dollar, David, 1997.
"Aid, policies, and growth,"
Policy Research Working Paper Series
1777, The World Bank.
- Im, Kyung So & Pesaran, M. Hashem & Shin, Yongcheol, 2003.
"Testing for unit roots in heterogeneous panels,"
Journal of Econometrics,
Elsevier, vol. 115(1), pages 53-74, July.
- Tom Doan, . "IPSHIN: RATS procedure to implement Im, Pesaran and Shin panel unit root test," Statistical Software Components RTS00098, Boston College Department of Economics.
- Pasaran, M.H. & Im, K.S. & Shin, Y., 1995. "Testing for Unit Roots in Heterogeneous Panels," Cambridge Working Papers in Economics 9526, Faculty of Economics, University of Cambridge.
- Mosley, Paul, 1985. "The Political Economy of Foreign Aid: A Model of the Market for a Public Good," Economic Development and Cultural Change, University of Chicago Press, vol. 33(2), pages 373-93, January.
- Elbadawi, Ibrahim A, 1999. "External Aid: Help or Hindrance to Export Orientation in Africa?," Journal of African Economies, Centre for the Study of African Economies (CSAE), vol. 8(4), pages 578-616, December.
- Anne Boschini & Anders Olofsg�rd, 2007. "Foreign aid: An instrument for fighting communism?," Journal of Development Studies, Taylor & Francis Journals, vol. 43(4), pages 622-648.
- Thierry Tressel & Alessandro Prati, 2006. "Aid Volatility and Dutch Disease; Is there a Role for Macroeconomic Policies?," IMF Working Papers 06/145, International Monetary Fund.
- Beck, Thorsten & Clarke, George & Groff, Alberto & Keefer, Philip & Walsh, Patrick, 2000. "New tools and new tests in comparative political economy - the database of political institutions," Policy Research Working Paper Series 2283, The World Bank.
- Schiff, Maurice, 1994. "How trade, aid, and remittances affect international migration," Policy Research Working Paper Series 1376, The World Bank.
- David Roodman, 2007.
"The Anarchy of Numbers: Aid, Development, and Cross-Country Empirics,"
World Bank Economic Review,
World Bank Group, vol. 21(2), pages 255-277, May.
- David Roodman, 2004. "The Anarchy of Numbers: Aid, Development, and Cross-country Empirics," Development and Comp Systems 0412003, EconWPA.
- KIMURA Hidemi & TODO Yasuyuki, 2007. "Is Foreign Aid a Vanguard of FDI? A Gravity-Equation Approach," Discussion papers 07007, Research Institute of Economy, Trade and Industry (RIETI).
- Hoekman. Bernard & Prowse, Susan, 2005. "Economic policy responses to preference erosion : from trade as aid toaid for trade," Policy Research Working Paper Series 3721, The World Bank.
- Round, Jeffery I. & Odedokun, Matthew, 2004. "Aid effort and its determinants," International Review of Economics & Finance, Elsevier, vol. 13(3), pages 293-309.
- Silvia Marchesi & Alessandro Missale, 2004.
"What does motivate lending and aid to the HIPCs?,"
Development Working Papers
189, Centro Studi Luca d\'Agliano, University of Milano.
- Collier, Paul & Dollar, David, 1999.
"Aid allocation and poverty reduction,"
Policy Research Working Paper Series
2041, The World Bank.
- Schweinberger, Albert G. & Lahiri, Sajal, 2006. "On the provision of official and private foreign aid," Journal of Development Economics, Elsevier, vol. 80(1), pages 179-197, June.
When requesting a correction, please mention this item's handle: RePEc:psl:bnlaqr:2007:33. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Carlo D'Ippoliti)
If references are entirely missing, you can add them using this form.