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Aid Works Best in Vulnerable Countries

Author

Listed:
  • Patrick Guillaumont

    (CERDI - Centre d'Études et de Recherches sur le Développement International - UdA - Université d'Auvergne - Clermont-Ferrand I - CNRS - Centre National de la Recherche Scientifique)

Abstract

Aid effectiveness is linked much more to the economic vulnerability of countries than to their policies. Export volatility has a negative impact on growth, while aid tends to have the opposite effect. Aid increases stability and growth, while also making growth more pro-poor by protecting from poverty traps. Aid should increase more, balance directly productive and social sectors, and serve as insurance against external shocks and export volatility

Suggested Citation

  • Patrick Guillaumont, 2007. "Aid Works Best in Vulnerable Countries," Post-Print hal-00192971, HAL.
  • Handle: RePEc:hal:journl:hal-00192971
    as

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    Cited by:

    1. Patrick GUILLAUMONT, 2008. "Adapting Aid Allocation Criteria to Development Goals," Working Papers P01, FERDI.
    2. Patrick Guillaumont & Sylviane Guillaumont Jeanneney, 2011. "State fragility and economic vulnerability: what is measured and why?," CERDI Working papers halshs-00554284, HAL.
    3. Patrick GUILLAUMONT & Sylviane GUILLAUMONT JEANNENEY, 2009. "Accounting for Vulnerability of African Countries in Performance Based Aid Allocation," Working Papers P08, FERDI.
    4. Patrick GUILLAUMONT & Sylviane GUILLAUMONT JEANNENEY, 2009. "State fragility and economic vulnerability: What is measured and why?," Working Papers P07, FERDI.
    5. Patrick Guillaumont, 2011. "Adapting Aid Allocation Criteria to Development Goals," CERDI Working papers halshs-00556806, HAL.

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