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Aid and Development: Issues and Reflections

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  • Michael, Tribe

Abstract

The paper has three main sections. The first is a review of two particular propositions which appear in Dambisa Moyo’s 2009 book Dead Aid which were not subjected to rigorous analysis in the reviews which appeared following its publication. The finding is that neither proposition survives serious scrutiny – that aid is responsible for most of sub-Saharan Africa’s economic woes and that the international bond market represents a viable alternative to foreign aid for the finance of development-oriented investment. The second questions some of the characteristics and uses of the World Bank’s Country Policy and Institutional Assessment (CPIA), particularly focussing on the use of an essentially ordinal measure in cardinal applications. The third subjects the UK Department for International Development’s Needs-Effectiveness Index to critical review, concluding that further consideration of its attributes is necessary.

Suggested Citation

  • Michael, Tribe, 2013. "Aid and Development: Issues and Reflections," SIRE Discussion Papers 2013-40, Scottish Institute for Research in Economics (SIRE).
  • Handle: RePEc:edn:sirdps:456
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    File URL: http://hdl.handle.net/10943/456
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    References listed on IDEAS

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    1. Dani Rodrik, 2008. "Goodbye Washington Consensus, Hello Washington Confusion? A Review of the World Banks Economic Growth in the 1990s: Learning from a Decade of Reform," Panoeconomicus, Savez ekonomista Vojvodine, Novi Sad, Serbia, vol. 55(2), pages 135-156, June.
    2. AfDB AfDB, . "African Development Report 2008/2009," African Development Report, African Development Bank, number 25 edited by Adeleke Oluwole Salami, July-Dece.
    3. Francisco Rodriguez & Dani Rodrik, 2001. "Trade Policy and Economic Growth: A Skeptic's Guide to the Cross-National Evidence," NBER Chapters,in: NBER Macroeconomics Annual 2000, Volume 15, pages 261-338 National Bureau of Economic Research, Inc.
    4. World Bank, 2011. "World Development Report 2011
      [Rapport sur le développement dans le monde 2011 : Conflits, sécurité et développement - Abrégé]
      ," World Bank Publications, The World Bank, number 4389.
    5. David Dollar & Craig Burnside, 2000. "Aid, Policies, and Growth," American Economic Review, American Economic Association, vol. 90(4), pages 847-868, September.
    6. Geof Wood & Meera Tiwari & Ravi Kanbur & Andy Sumner, 2012. "Poor Countries Or Poor People? Development Assistance And The New Geography Of Global Poverty," Journal of International Development, John Wiley & Sons, Ltd., vol. 24(6), pages 686-695, August.
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    1. repec:bla:glopol:v:8:y:2017:i:1:p:92-96 is not listed on IDEAS

    More about this item

    Keywords

    developing countries; development; foreign aid; sub-Saharan Africa; book review;

    JEL classification:

    • F35 - International Economics - - International Finance - - - Foreign Aid
    • O2 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy
    • O24 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Trade Policy; Factor Movement; Foreign Exchange Policy
    • O55 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Africa
    • Y3 - Miscellaneous Categories - - Book Reviews

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