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Aid and Performance: A Reassessment

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  • Patrick GUILLAUMONT

    () (Centre d'Etudes et de Recherches sur le Développement International(CERDI))

  • Lisa CHAUVET

    ()

Abstract

Cet article compare deux conceptions relatives à l'efficacité de l'aide et à son allocation. La première, qui correspond au nouveau paradigme de l'aide, soutient que l'aide n'est efficace que si la politique économique des pays receveurs est bonne. Selon la seconde, présentée ici, l'efficacité de l'aide dépend de l'environnement externe et climatique (naturel), meilleur est cet environnement (ou moins le pays est vulnérable) moins l'aide est efficace. Les tests économétriques transversaux relatifs à des taux de croissance empilés sur deux périodes de douze ans donnent clairement l'avantage à la seconde hypothèse. Toutefois, les deux vues peuvent être conciliées dans le principe d'une allocation de l'aide fondée sur les performances, à condition de définir celles-ci comme les résultats économiques ajustés pour l'impact de l'environnement. Dans cet esprit, plusieurs mesures de performances sont à leur tour comparées. Le principe énoncé conduit à accorder plus d'aide si l'environnement est mauvais, pour une politique donnée, ou/et si la politique est bonne (pour un environnement donné).

Suggested Citation

  • Patrick GUILLAUMONT & Lisa CHAUVET, 1999. "Aid and Performance: A Reassessment," Working Papers 199910, CERDI.
  • Handle: RePEc:cdi:wpaper:109
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    References listed on IDEAS

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    1. Ramey, Garey & Ramey, Valerie A, 1995. "Cross-Country Evidence on the Link between Volatility and Growth," American Economic Review, American Economic Association, vol. 85(5), pages 1138-1151, December.
    2. Guillaumont, Patrick & Guillaumont, Sylviane & Plane, Patrick, 1988. "Participating in African monetary unions: An alternative evaluation," World Development, Elsevier, vol. 16(5), pages 569-576, May.
    3. Feyzioglu, Tarhan & Swaroop, Vinaya & Zhu, Min, 1998. "A Panel Data Analysis of the Fungibility of Foreign Aid," World Bank Economic Review, World Bank Group, vol. 12(1), pages 29-58, January.
    4. Paolo Mauro, 1995. "Corruption and Growth," The Quarterly Journal of Economics, Oxford University Press, vol. 110(3), pages 681-712.
    5. Pack, Howard & Pack, Janet Rothenberg, 1993. "Foreign Aid and the Question of Fungibility," The Review of Economics and Statistics, MIT Press, vol. 75(2), pages 258-265, May.
    6. Boone, Peter, 1996. "Politics and the effectiveness of foreign aid," European Economic Review, Elsevier, vol. 40(2), pages 289-329, February.
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