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The Global Partnership for Sustainable Development

  • Huang, Yongfu
  • Quibria, M. G.

This paper examines whether foreign aid, together with other economic, social and environmental factors, contributes to sustainable development. It starts with a theoretical model where sustainable development is modeled as a different kind of growth that protects the environment. Using factor analysis and newly developed estimation methods for a dynamic panel data model with endogenous regressors, the empirical section finds evidence that foreign aid has been a significantly positive influence on sustainable development in aid recipient countries. This effect is very likely to go through channels related to growth and resources as well as a technology channel with respect to energy intensity. This research has important implications for a post-2015 development framework on international collective action with regard to a sustainable future.

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File URL: https://www.wider.unu.edu/sites/default/files/WP2013-057.pdf
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Paper provided by World Institute for Development Economic Research (UNU-WIDER) in its series Working Paper Series with number UNU-WIDER Research Paper WP2013/057.

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Length: 32
Date of creation: 2013
Date of revision:
Handle: RePEc:unu:wpaper:wp2013-057
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  1. Blundell, R. & Bond, S., 1995. "Initial Conditions and Moment Restrictions in Dynamic Panel Data Models," Economics Papers 104, Economics Group, Nuffield College, University of Oxford.
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  10. B. Mak Arvin & Parviz Dabir-Alai & Byron Lew, 2006. "Does Foreign Aid Affect The Environment In Developing Economies?," Journal of Economic Development, Chung-Ang Unviersity, Department of Economics, vol. 31(1), pages 63-87, June.
  11. World Bank, 2012. "World Development Indicators 2012," World Bank Publications, The World Bank, number 6014, April.
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  17. Huang, Yongfu & Quibria, M. G., 2013. "The Global Partnership for Inclusive Growth," Working Paper Series UNU-WIDER Research Paper , World Institute for Development Economic Research (UNU-WIDER).
  18. Katarina Juselius & Niels Framroze & Finn Tarp, 2011. "The Long-Run Impact of Foreign Aid in 36 African Countries: Insights from Multivariate Time Series Analysis," Working Paper Series UNU-WIDER Working Paper W, World Institute for Development Economic Research (UNU-WIDER).
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  23. Pineda, Jose, 2012. "Sustainability and human development: a proposal for a sustainability adjusted HDI (SHDI)," MPRA Paper 39656, University Library of Munich, Germany.
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