Foreign Aid and Economic Growth

Foreign Aid and Economic Growth

Author: Janine L. Bowen

Publisher: Routledge

Published: 2019-05-23

Total Pages: 147

ISBN-13: 0429664974

DOWNLOAD EBOOK

Published in 1998, this book provides an empirical analysis of the impact of foreign economic aid in 67 developed countries over a 19 year period. The results include the relationships between aid and growth and the implication that methodologies traditionally used have been largely responsible for inconsistent findings in the past.


Foreign Aid, War, and Economic Development

Foreign Aid, War, and Economic Development

Author: Douglas C. Dacy

Publisher: Cambridge University Press

Published: 1986-09-26

Total Pages: 324

ISBN-13: 0521303273

DOWNLOAD EBOOK

This book traces the economic history of South Vietnam from 1955 to 1975, the period encompassing the Vietnam war.


Foreign Aid for Development

Foreign Aid for Development

Author: George Mavrotas

Publisher: OUP Oxford

Published: 2010-02-25

Total Pages: 749

ISBN-13: 0191610445

DOWNLOAD EBOOK

Foreign aid is one of the few topics in the development discourse with such an uninterrupted, yet volatile history in terms of interest and attention from academics, policymakers, and practitioners alike. Does aid work in promoting growth and reducing poverty in the developing world? Will a new 'big push' approach accelerate progress towards the Millennium Development Goals or will another opportunity be missed? Can the lessons of almost half a century of aid giving be learnt? These are truly important questions in view of the emerging new landscape in foreign aid and recent developments related to the global financial crisis, which are expected to have far reaching implications for both donors and recipients engaged in this area. Against this shifting aid landscape, there is a pressing need to evaluate progress to date and shed new light on emerging issues and agendas. This volume brings together leading aid experts to review the progress achieved so far, identify the challenges ahead, and discuss the emerging policy agenda in foreign aid. A central conclusion of this important and timely volume is that, since development aid remains crucial for many developing countries, a huge effort is needed from both donors and aid recipients to overcome the inefficiencies and make aid work better for poor people. After all, as global citizens, we have a moral obligation to do the best we can to lift people out of poverty in the developing world. The findings of this book will be of considerable interest to professionals and policymakers engaged in policy reforms in foreign aid, and provide an essential one-stop reference for students of development, international finance, and economics.


Dead Aid

Dead Aid

Author: Dambisa Moyo

Publisher: Macmillan

Published: 2009-03-17

Total Pages: 209

ISBN-13: 0374139563

DOWNLOAD EBOOK

Debunking the current model of international aid promoted by both Hollywood celebrities and policy makers, Moyo offers a bold new road map for financing development of the world's poorest countries.


Foreign Aid and Development in South Korea and Africa

Foreign Aid and Development in South Korea and Africa

Author: Kelechi A. Kalu

Publisher: Routledge

Published: 2021-08-15

Total Pages: 289

ISBN-13: 1000417999

DOWNLOAD EBOOK

This book compares the rapid development of South Korea over the past 70 years with selected countries in sub-Saharan Africa to assess what factors contributed to the country’s success story, and why it is that countries that were comparable in the past continue to experience challenges in achieving and sustaining economic growth. In the 1950s, South Korea’s GDP per capita was $876, roughly comparable with that of Cote d’Ivoire and somewhat below Ghana’s. The country’s subsequent transformation from a war-ravaged, international aid-dependent economy to the 13th largest economy in the world has been the focus of considerable international admiration and attention. But how was it that South Korea succeeded in multiplying its GDP per capita by a factor of 23, while other Less Developed Countries continue to experience challenges? This book compares South Korea’s politics of development and foreign assistance with that of Ghana, Nigeria, and Zambia, which were also major recipients of the U.S. aid, to investigate the specific contexts that made it possible for South Korea to achieve success. Overall, this book argues that effective state capacity in South Korea’s domestic and international politics provided an anchor for diplomatic engagement with donors and guided domestic political actors in the effective use of aid for economic development. This book will be of interest to researchers and students working on development, comparative political economy, and foreign aid, and to policy makers and practitioners looking for a greater understanding of comparative development trajectories.


Politics and the Effectiveness of Foreign Aid

Politics and the Effectiveness of Foreign Aid

Author: Peter Boone

Publisher:

Published: 1995

Total Pages: 72

ISBN-13:

DOWNLOAD EBOOK

Critics of foreign aid programs have long argued that poverty reflects government failure. In this paper I analyze the effectiveness of foreign aid programs to gain insights into political regimes in aid recipient countries. My analytical framework shows how three stylized political/economic regimes labeled egalitarian, elitist and laissez-faire would use foreign aid. I then test reduced form equations using data on nonmilitary aid flows to 96 countries. I find that models of elitist political regimes best predict the impact of foreign aid. Aid does not significantly increase investment and growth, nor benefit the poor as measured by improvements in human development indicators, but it does increase the size of government. I also find that the impact of aid does not vary according to whether recipient governments are liberal democratic or highly repressive. But liberal political regimes and democracies, ceteris paribus, have on average 30% lower infant mortality than the least free regimes. This may be due to greater empowerment of the poor under liberal regimes even though the political elite continues to receive the benefits of aid programs. An implication is that short term aid targeted to support new liberal regimes may be a more successful means of reducing poverty than current programs.


The Oxford Handbook of the Social Science of Poverty

The Oxford Handbook of the Social Science of Poverty

Author: David Brady

Publisher: Oxford University Press

Published: 2016

Total Pages: 937

ISBN-13: 0199914052

DOWNLOAD EBOOK

The Oxford Handbook of the Social Science of Poverty builds a common scholarly ground in the study of poverty by bringing together an international, inter-disciplinary group of scholars to provide their perspectives on the issue. Contributors engage in discussions about the leading theories and conceptual debates regarding poverty, the most salient topics in poverty research, and the far-reaching consequences of poverty on the individual and societal level.


Does Foreign Aid Really Work?

Does Foreign Aid Really Work?

Author: Roger C. Riddell

Publisher: Oxford University Press

Published: 2008-08-07

Total Pages: 531

ISBN-13: 0199544468

DOWNLOAD EBOOK

Provided for over 60 years, and expanding more rapidly today than it has for a generation, foreign aid is now a $100bn business. But does it work? Indeed, is it needed at all? In this first-ever, overall assessment of aid, Roger Riddell provides a rigorous but highly readable account of aid, warts and all.


Foreign Aid Allocation, Governance, and Economic Growth

Foreign Aid Allocation, Governance, and Economic Growth

Author: Kamiljon T. Akramov

Publisher: University of Pennsylvania Press

Published: 2012-05-22

Total Pages: 184

ISBN-13: 0812207734

DOWNLOAD EBOOK

How important is foreign aid in fostering economic growth in developing countries? Does it help recipient countries, hurt them, or have little effect either way? Foreign Aid Allocation, Governance, and Economic Growth investigates this issue by looking at foreign aid by sector rather than treating it as an aggregate amount. Aid can be allocated to a recipient's production sectors (such as agriculture, manufacturing, or mining), economic infrastructure (such as transport, storage, or communications networks or power generation facilities), or social sectors (such as education or healthcare). This book differentiates among various channels through which each of these three categories of foreign aid affects economic growth. The findings suggest that economic aid, including aid to production sectors and economic infrastructure, contributes to economic growth by increasing domestic investment. Aid to social sectors, however, does not appear to have a significant impact on human capital (measured by school enrollment) and economic growth. This study also assesses the degree to which the quality of democratic governance in a recipient country influences foreign aid's effectiveness and finds that democracy is no guarantee of aid effectiveness. In fact, economic aid to less democratic countries can lead to better economic growth, at least initially, provided the aid recipients secure property rights and allow capital accumulation. Although further research into the question is necessary, Foreign Aid Allocation, Governance, and Economic Growth suggests that aid targeted to increasing domestic investment might be an effective means of fostering economic growth in less developed countries.