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More Aid—Making It Work for the Poor

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  • Peter S. Heller
  • Sanjeev Gupta

Abstract

This paper highlights the economic challenges that would be associated with a successful effort by industrial countries to meet the goal of devoting 0.7 percent of their GNP to official development assistance (ODA) to help poor countries. To help achieve the Millennium Development Goals, enhanced ODA must be as productive as possible. In weighing the distribution of aid among countries, it is necessary to limit potentially adverse ‘real transfer effects’. A multi-pronged approach to ODA is recommended that includes the use of trust funds and the financing of global public goods, in addition to direct bilateral transfers.

Suggested Citation

  • Peter S. Heller & Sanjeev Gupta, 2002. "More Aid—Making It Work for the Poor," World Economics, World Economics, 1 Ivory Square, Plantation Wharf, London, United Kingdom, SW11 3UE, vol. 3(4), pages 131-146, October.
  • Handle: RePEc:wej:wldecn:122
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    Cited by:

    1. Artis, Michael J & Onorante, Luca, 2006. "The Economic Importance of Fiscal Rules," CEPR Discussion Papers 5684, C.E.P.R. Discussion Papers.
    2. Francesco Saraceno & Paola Monperrus-Veroni, 2004. "A Simple Proposal for a "Debt-Sensitive Stability Pact"," Vierteljahrshefte zur Wirtschaftsforschung / Quarterly Journal of Economic Research, DIW Berlin, German Institute for Economic Research, vol. 73(3), pages 471-480.
    3. repec:ksp:journ1:v:4:y:2017:i:1:p:53-70 is not listed on IDEAS
    4. George Mavrotas, 2009. "Introduction: Development Aid-Theory, Policies, and Performance," Review of Development Economics, Wiley Blackwell, vol. 13(s1), pages 373-381, August.
    5. 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.

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