Aid as a Second-Best Solution: Seven Problems of Effectiveness and How to Tackle Them
Most rich countries developed without aid, and this .self-development. has some intrinsic advantages. In today.s massively unequal world, however, such an approach would imply very low levels of human development for several generations for many poor countries. Aid can therefore usefully be thought of as a necessary but .second-best option.. The challenge then is how to manage this second-best option, particularly in the more aid-dependent states and the more fragile environments, in order to achieve sustainable results. The study examines seven problems that can limit the effectiveness of aid, and suggests possible ways of tackling them.
|Date of creation:||2012|
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- Arndt Channing & Jones Sam & Tarp Finn, 2010.
"Aid, Growth, and Development: Have We Come Full Circle?,"
Journal of Globalization and Development,
De Gruyter, vol. 1(2), pages 1-29, December.
- Channing, Arndt & Jones, Sam & Tarp, Finn, 2010. "Aid, Growth, and Development Have We Come Full Circle?," Working Paper Series wp2010-96, World Institute for Development Economic Research (UNU-WIDER).
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