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The Political Economy of Foreign Aid: Fatigue or Regeneration?


  • Graham Bird

    (Surrey Centre for International Economic Studies, University of Surrey)


The purpose of this paper is to explain recent changes in aid provision by examining both the economics and politics that lie behind them. Within the context of an analysis of the political economy of foreign aid, it is then possible to say whether aid fatigue is likely to persist, or whether it is reasonable to expect a regeneration of aid as a consequence of increasing knowledge about how it works and changing political imperatives.

Suggested Citation

  • Graham Bird, 1999. "The Political Economy of Foreign Aid: Fatigue or Regeneration?," Zagreb International Review of Economics and Business, Faculty of Economics and Business, University of Zagreb, vol. 2(2), pages 1-24, November.
  • Handle: RePEc:zag:zirebs:v:2:y:1999:i:2:p:1-24

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    More about this item


    foreign aid; net resource flows; ICOR; aid effectiveness; Maastricht convergence;

    JEL classification:

    • F34 - International Economics - - International Finance - - - International Lending and Debt Problems
    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development


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