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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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    Cited by:

    1. Michael Tribe, 2017. "Quantifying Aid Allocation: A Critical Review of the DFID Needs-Effectiveness Index," Global Policy, London School of Economics and Political Science, vol. 8(1), pages 92-96, February.

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    More about this item

    Keywords

    developing countries; development; foreign aid; sub-Saharan Africa; book review;
    All these keywords.

    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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