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Aid As A Catalyst For Poverty Reduction
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Book Synopsis Aid as a Catalyst for Poverty Reduction by : Michael Hofmann
Download or read book Aid as a Catalyst for Poverty Reduction written by Michael Hofmann and published by GRIN Verlag. This book was released on 2007-12 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2005 in the subject Politics - International Politics - Topic: Development Politics, grade: 65, University of Kent, 18 entries in the bibliography, language: English, abstract: ntroduction The underdevelopment of the African continent and the multi-layered causes of this problem have been central to various plans and frameworks aimed at finding a way out of the vicious circle of poverty, poor governance, indebtedness and lack of resources. From efforts in the 1980s to more recent initiatives1, the African countries were mostly perceived as the problem children of international development policies. Besides these specifically Africa orientated development frameworks, a number of global programmes were launched in order to approach the problems faced by Least Developed (LDC) and often Heavily Indebted Poor Countries (HIPC). Examples are the HIPC Initiative (1996) supported by the IMF and World Bank, and the formulation of the Millennium Development Goals (MDGs) in September 2000. By releasing its report2 in March 2005, the Commission for Africa, set up by Britain's Prime Minister Tony Blair, added another plan to the already exiting ones. The appointment of the commission was due to the fact that the Millennium Development Goals that have to be reached until 2015 are likely to be missed. Assuming the presidency of both, the EU and the G8 summit in 2005, the British government saw itself in a good position to advance decisively international development policies towards Africa. Cornerstones of the report are 100 per cent debt cancellation for sub-Saharan African countries "which need it",3 additional $25 billion a year in aid provided by donor countries by 2010 and a further increase of $25 billion a year by 2015.4 These are only some of the objectives outlined by the commission's report but they constitute the main pillars concerning the immediate economic intents. One has to point out that the main prerequisites for an effective impleme
Book Synopsis Aid, the Incentive Regime, and Poverty Reduction by : Craig Burnside
Download or read book Aid, the Incentive Regime, and Poverty Reduction written by Craig Burnside and published by World Bank Publications. This book was released on 1998 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: June 1998 Aid spurs growth and poverty reduction only in a good policy environment so it should be targeted to countries that have improved their economic policy. That aid tends to be allocated relatively indiscriminately is one factor that undermines its potential impact. Spurring growth in the developing world is one stated objective of foreign aid. Another, more commonly cited, objective is reducing poverty. Generally poverty reduction and growth go hand in hand, but could aid mitigate poverty without measurably affecting growth? Burnside and Dollar examine how foreign aid affects infant mortality-an important social indicator that provides indirect evidence that the benefits of development are reaching people everywhere. They conclude that in developing countries with weak economic management-evidenced by poor property rights, high levels of corruption, closed trade regimes, and macroeconomic instability-there is no relationship between aid and the change in infant mortality. In distorted environments, development projects promoted by donors tend to fail. And aid resources are typically fungible, so the aid does not in fact finance these projects. Aid finances the whole public sector at the margin, which is why the quality of management is the key to effective assistance. A government that cannot put effective development policies in place is unlikely to oversee the effective use of foreign aid. On the other hand, there is a relationship between aid and a change in infant mortality when the recipient country has relatively good management. When management is good, additional aid worth 1 percent of GDP has a powerful effect, reducing infant mortality by 0.9 percent. In other words, aid spurs growth and improvements in social indicators only in a good policy environment. These findings strengthen the case for targeting foreign aid to countries that have improved their economic policy. But after controlling for per capita income and population, there has been almost no relationship between countries' economic policies and the amount of aid they get. The relatively indiscriminate allocation of assistance is one factor undermining the potential impact of aid. This paper-a product of Macroeconomics and Growth, Development Research Group-is part of a larger effort in the group to examine aid effectiveness. The study was funded by the Bank's Research Support Budget under the research project Economic Policies and the Effectiveness of Foreign Aid (RPO 681-70). The authors may be contacted at [email protected] or [email protected].
Book Synopsis Aid, Growth and Poverty by : Jonathan Glennie
Download or read book Aid, Growth and Poverty written by Jonathan Glennie and published by Springer. This book was released on 2016-05-30 with total page 82 pages. Available in PDF, EPUB and Kindle. Book excerpt: The authors discuss the impact of foreign aid and tackle the question of why assessing the impact of aid is so difficult. The authors focus on peer-reviewed, cross-country studies published over the last decade and draw together some global-level assessments, considering the context and conditions under which aid might be said to ‘work’. Glennie and Sumner argue that the evidence in four areas shows signs of convergence that may have direct relevance for policy decisions on aid and for aid effectiveness discussions. These are as follows: Aid levels (meaning if aid is too low or too high); Domestic political institutions (including political stability and extent of decentralisation); Aid composition (including sectors, modalities, objectives and time horizons); and Aid volatility and fragmentation. Notably, this study finds that there is no consensus that the effectiveness of aid depends on orthodox economic policies.
Book Synopsis The Value Chain of Foreign Aid by : Christian Schabbel
Download or read book The Value Chain of Foreign Aid written by Christian Schabbel and published by Springer Science & Business Media. This book was released on 2007-04-21 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book assesses the prospects of official development assistance (ODA) for poverty reduction. It analyzes the entire value chain of ODA, including provision, allocation and utilization. Within each of these components, coverage examines scope and limits of aid. The horizontal interactions between donors and recipients as well as the vertical connections to local and region-specific conditions represent the heart of this book's approach.
Book Synopsis Globalization and Poverty by : Ann Harrison
Download or read book Globalization and Poverty written by Ann Harrison and published by University of Chicago Press. This book was released on 2007-11-01 with total page 675 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the past two decades, the percentage of the world’s population living on less than a dollar a day has been cut in half. How much of that improvement is because of—or in spite of—globalization? While anti-globalization activists mount loud critiques and the media report breathlessly on globalization’s perils and promises, economists have largely remained silent, in part because of an entrenched institutional divide between those who study poverty and those who study trade and finance. Globalization and Poverty bridges that gap, bringing together experts on both international trade and poverty to provide a detailed view of the effects of globalization on the poor in developing nations, answering such questions as: Do lower import tariffs improve the lives of the poor? Has increased financial integration led to more or less poverty? How have the poor fared during various currency crises? Does food aid hurt or help the poor? Poverty, the contributors show here, has been used as a popular and convenient catchphrase by parties on both sides of the globalization debate to further their respective arguments. Globalization and Poverty provides the more nuanced understanding necessary to move that debate beyond the slogans.
Download or read book Assessing Aid written by and published by World Bank Publications. This book was released on 1998 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt: Assessing Aid determines that the effectiveness of aid is not decided by the amount received but rather the institutional and policy environment into which it is accepted. It examines how development assistance can be more effective at reducing global poverty and gives five mainrecommendations for making aid more effective: targeting financial aid to poor countries with good policies and strong economic management; providing policy-based aid to demonstrated reformers; using simpler instruments to transfer resources to countries with sound management; focusing projects oncreating and transmitting knowledge and capacity; and rethinking the internal incentives of aid agencies.
Book Synopsis Poverty and Foreign Aid by : Abuzar Asra
Download or read book Poverty and Foreign Aid written by Abuzar Asra and published by . This book was released on 2007-08-01 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt: Takes a fresh look, from a macro perspective, at the issue of aid effectiveness. This study adopts poverty reduction, as contrasted from economic growth, as the metric for measuring aid effectiveness. The paper experiments with a number of different regression equations & uses a new panel dataset on poverty. It shows that aid & aid-squared both have significant coefficients but with different signs (positive for aid & negative for aid-squared). Therefore, aid is effective when it is relatively moderate but becomes ineffective when the size of aid exceeds the critical value defined by the absorptive capacity. While the macro policy environ. & the quality of governance have a significant bearing on poverty reduction, aid effectiveness is not contingent on them. Ill.
Download or read book Dead Aid written by Dambisa Moyo and published by Macmillan. This book was released on 2009-03-17 with total page 209 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Assessing Aid written by World Bank The and published by World Bank Group. This book was released on 1998 with total page 148 pages. Available in PDF, EPUB and Kindle. Book excerpt: While there has been more progress with poverty reduction since the 1950s than in any comparable period of human history, poverty remains a severe global problem. This book determines that the effectiveness of aid is not the amount received but rather the institutional and policy environment into which it is accepted.; It examines how development assistance can be more effective at reducing global poverty and gives five main recommendations for making aid more effective: targeting financial aid to poor countries with good policies and strong economic management; providing policy-based aid to demonstrated reformers; using simpler instruments to transfer resources to countries with sound management; focusing projects on creating and transmitting knowledge and capacity; and rethinking the internal incentives of aid agencies.
Author :International Monetary Fund. Western Hemisphere Dept. Publisher :International Monetary Fund ISBN 13 :1498355137 Total Pages :180 pages Book Rating :4.4/5 (983 download)
Book Synopsis Haiti by : International Monetary Fund. Western Hemisphere Dept.
Download or read book Haiti written by International Monetary Fund. Western Hemisphere Dept. and published by International Monetary Fund. This book was released on 2014-06-10 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper focuses on Haiti’s Poverty Reduction Strategy Paper and 2014–2016 Three-Year Investment Program. The Haiti Strategic Development Plan presents the new framework for the planning, programming, and management of Haitian development, the vision and the strategic guidelines for the country’s development, and the four major work areas to be implemented to ensure the recovery and development of Haiti. The Three-Year Investment Program, 2014–2016 (PTI 2014–2016) concerns implementation of the Strategic Plan for Development of Haiti and more specifically implementation of the government’s priorities for the period.
Book Synopsis The Role of Trade in Ending Poverty by : World Bank Group
Download or read book The Role of Trade in Ending Poverty written by World Bank Group and published by . This book was released on 2015 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Trade will have an important role at the global level in generating the growth necessary for reducing extreme poverty to 3 percent and boosting prosperity for the poorest 40 percent by 2030. To identify the most important challenges that exist in maximizing the positive impact of trade on poverty, we need to understand who the poor are, where they are, and what economic activities they undertake. To this end, the study highlights particularly relevant dimensions of poverty: rural poverty in remote areas, informality, fragile and conflict situations, and women. For each of these issues, this study considers the main traderelated barriers and challenges, along with policy responses to address them. It shows the importance of the multilateral trading system and of the Doha Round, as well as the important role of the WBG and WTO in promoting coherence and implementing trade policies in a way that delivers the greatest possible benefits for the poor.
Author :International Monetary Fund Publisher :International Monetary Fund ISBN 13 :1451828993 Total Pages :101 pages Book Rating :4.4/5 (518 download)
Book Synopsis Nigeria by : International Monetary Fund
Download or read book Nigeria written by International Monetary Fund and published by International Monetary Fund. This book was released on 2005-12-19 with total page 101 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Poverty Reduction Strategy Paper for Nigeria highlights the National Economic Empowerment and Development Strategy (NEEDS). NEEDS gives special support to agriculture, industry, small and medium-scale enterprises, and oil and gas. Under the plan, the government will seek long-term capital for investment. Trade policy will be modified to unburden business of the red tape and complex procedures that hinder it from flourishing. NEEDS envisages forging stronger links between educational institutions and industry to stimulate rapid industrial growth and efficient exploitation of resources.
Book Synopsis Going Beyond Aid by : Justin Yifu Lin
Download or read book Going Beyond Aid written by Justin Yifu Lin and published by Cambridge University Press. This book was released on 2017-01-20 with total page 281 pages. Available in PDF, EPUB and Kindle. Book excerpt: Developing countries have for decades been trying to catch up with the industrialized high-income countries, but only a few have succeeded. Historically, structural transformation has been a powerful engine of growth and job creation. Traditional development aid is inadequate to address the bottlenecks for structural transformation, and is hence ineffective. In this book, Justin Yifu Lin and Yan Wang use the theoretical foundations of New Structural Economics to examine South-South development aid and cooperation from the angle of structural transformation. By studying the successful economic transformation of countries such as China and South Korea through 'multiple win' solutions based on comparative advantages and economy of scale, and by presenting new ideas and different perspectives from emerging market economies such as Brazil, India and other BRICS countries, they bring a new narrative to broaden the ongoing discussions of post-2015 development aid and cooperation as well as the definitions of aid and cooperation.
Book Synopsis World Development Report 2018 by : World Bank Group
Download or read book World Development Report 2018 written by World Bank Group and published by World Bank Publications. This book was released on 2017-10-16 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt: Every year, the World Bank’s World Development Report (WDR) features a topic of central importance to global development. The 2018 WDR—LEARNING to Realize Education’s Promise—is the first ever devoted entirely to education. And the time is right: education has long been critical to human welfare, but it is even more so in a time of rapid economic and social change. The best way to equip children and youth for the future is to make their learning the center of all efforts to promote education. The 2018 WDR explores four main themes: First, education’s promise: education is a powerful instrument for eradicating poverty and promoting shared prosperity, but fulfilling its potential requires better policies—both within and outside the education system. Second, the need to shine a light on learning: despite gains in access to education, recent learning assessments reveal that many young people around the world, especially those who are poor or marginalized, are leaving school unequipped with even the foundational skills they need for life. At the same time, internationally comparable learning assessments show that skills in many middle-income countries lag far behind what those countries aspire to. And too often these shortcomings are hidden—so as a first step to tackling this learning crisis, it is essential to shine a light on it by assessing student learning better. Third, how to make schools work for all learners: research on areas such as brain science, pedagogical innovations, and school management has identified interventions that promote learning by ensuring that learners are prepared, teachers are both skilled and motivated, and other inputs support the teacher-learner relationship. Fourth, how to make systems work for learning: achieving learning throughout an education system requires more than just scaling up effective interventions. Countries must also overcome technical and political barriers by deploying salient metrics for mobilizing actors and tracking progress, building coalitions for learning, and taking an adaptive approach to reform.
Book Synopsis 21st Century Aid: Recognising success and tackling failure by : Jasmine Burnley
Download or read book 21st Century Aid: Recognising success and tackling failure written by Jasmine Burnley and published by Oxfam. This book was released on 2010 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Aid for Trade at a Glance 2019 Economic Diversification and Empowerment by : OECD
Download or read book Aid for Trade at a Glance 2019 Economic Diversification and Empowerment written by OECD and published by OECD Publishing. This book was released on 2019-07-11 with total page 530 pages. Available in PDF, EPUB and Kindle. Book excerpt: This edition analyses how trade can contribute to economic diversification and empowerment, with a focus on eliminating extreme poverty, particularly through the effective participation of women and youth. It shows how aid for trade can contribute to that objective by addressing supply-side capacity and trade-related infrastructure constraints, including for micro-, small- and medium-sized enterprises notably in rural areas.
Book Synopsis The Institutional Economics of Foreign Aid by : Bertin Martens
Download or read book The Institutional Economics of Foreign Aid written by Bertin Martens and published by Cambridge University Press. This book was released on 2002-04-25 with total page 213 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is about the institutions, incentives and constraints that guide the behaviour of people and organizations involved in the implementation of foreign aid programmes. While traditional performance studies tend to focus almost exclusively on the policies and institutions in recipient countries, this book looks at incentives in the entire chain of organizations involved in the delivery of foreign aid, from donor governments and agencies to consultants, experts and other intermediaries. Four aspects of foreign aid delivery are examined in detail: incentives inside donor agencies, the interaction of subcontractors with recipient organizations, incentives inside recipient country institutions, and biases in aid performance monitoring systems.
