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The Effect Of Foreign Aid On Economic Growth In Developing Countries
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Book Synopsis Lessons on Foreign Aid and Economic Development by : Nabamita Dutta
Download or read book Lessons on Foreign Aid and Economic Development written by Nabamita Dutta and published by Springer Nature. This book was released on 2019-09-06 with total page 302 pages. Available in PDF, EPUB and Kindle. Book excerpt: A response to the pressing need to address and clarify the substantial ambiguity within current literature, this edited volume aims to deepen readers’ understanding of the impact of foreign aid on development outcomes based on the latest findings in research over the past decade. Foreign aid has long been seen as one of two extremes: either beneficial or damaging, a blessing or a curse. Consequently, many readers perceive aid’s effectiveness based on the work of scholars who are assessing the impact of aid from one of two antithetical perspectives. This book takes a different approach, shedding light on recent research that can deepen our understanding of the complex relationship between aid and its aftereffects. Drawing from an extensive set of studies that have explored micro and macro impacts of foreign aid for recipient nations, chapter authors highlight more layered and nuanced findings, with a focus on donor characteristics, political motives, and an evaluation of aid projects and their effectiveness, including the differential impact based on type of aid. This volume is the first of its kind to unpack aid as a complex rather than a unitary concept and explore the wide areas of grey that have long enshrouded foreign aid.
Book Synopsis The Economics of Aid by : J. M. Healey
Download or read book The Economics of Aid written by J. M. Healey and published by Taylor & Francis. This book was released on 2010-11-29 with total page 81 pages. Available in PDF, EPUB and Kindle. Book excerpt: First published in 1971, this reissue considers the main aspects of foreign aid to developing countries in terms of economic concepts and principles. The author gives an economic definition of aid and considers the motives for giving aid and the principles on which it may be allocated. He looks at the effect on the economic growth of developing countries of both the aid given and the need to repay the debt, and the effect on trade patterns and resource allocation of tying aid to one particular project, or one source of goods. While economic analysis is only a first step in providing a basis for policy decisions on foreign aid, Dr Healey shows that many issues can be clarified by looking at them from the economists’ point of view.
Book Synopsis The Effect of Foreign Aid on Economic Growth in Developing Countries by : Semere Tesfamariam Kahsay
Download or read book The Effect of Foreign Aid on Economic Growth in Developing Countries written by Semere Tesfamariam Kahsay and published by . This book was released on 2021 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Role of Foreign Aid in Development by : Eric Jackson Labs
Download or read book The Role of Foreign Aid in Development written by Eric Jackson Labs and published by . This book was released on 1997 with total page 94 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Handbook on the Economics of Foreign Aid by : Byron Lew
Download or read book Handbook on the Economics of Foreign Aid written by Byron Lew and published by Edward Elgar Publishing. This book was released on 2015-10-30 with total page 648 pages. Available in PDF, EPUB and Kindle. Book excerpt: It would be fair to say that foreign aid today is one of the most important factors in international relations and in the national economy of many countries – as well as one of the most researched fields in economics. Although much has been written on the subject of foreign aid, this book contributes by taking stock of knowledge in the field, with chapters summarizing long-standing debates as well as the latest advances. Several contributions provide new analytical insights or empirical evidence on different aspects of aid, including how aid may be linked to trade and the motives for aid giving. As a whole, the book demonstrates how researchers have dealt with increasingly complex issues over time – both theoretical and empirical – on the allocation, impact, and efficacy of aid, with aid policies placed at the center of the discussion. In addition to students, academics, researchers, and policymakers involved in development economics and foreign aid, this Handbook will appeal to all those interested in development issues and international policies.
Book Synopsis Foreign Aid and Economic Growth by : Janine L. Bowen
Download or read book Foreign Aid and Economic Growth written by Janine L. Bowen and published by Routledge. This book was released on 2019-05-23 with total page 104 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Politics and the Effectiveness of Foreign Aid by : Peter Boone
Download or read book Politics and the Effectiveness of Foreign Aid written by Peter Boone and published by . This book was released on 1995 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis The Future of Foreign Aid by : A. Sumner
Download or read book The Future of Foreign Aid written by A. Sumner and published by Springer. This book was released on 2012-12-18 with total page 114 pages. Available in PDF, EPUB and Kindle. Book excerpt: Sumner and Mallett review the literature on aid in light of shifts in the aid system and the increasing concentration of the world's poor in middle-income countries. As a consequence, they propose a series of practical, policy relevant options for future development cooperation, with the aim of provoking discussion and informing policy.
Book Synopsis The Effect of Foreign Aid in Promoting Economic Growth in Zambia (1986 - 2018) by : Daniel Tonga
Download or read book The Effect of Foreign Aid in Promoting Economic Growth in Zambia (1986 - 2018) written by Daniel Tonga and published by GRIN Verlag. This book was released on 2020-01-23 with total page 85 pages. Available in PDF, EPUB and Kindle. Book excerpt: Master's Thesis from the year 2019 in the subject Economics - Case Scenarios, University of Lusaka (University of Lusaka UNILUS), course: Economics and Finance, language: English, abstract: This research study has analyzed the effects of foreign aid in promoting economic growth in Zambia. The study used available data in Zambia from 1986 – 2018. The study adopted the ARDL model for investigating the short and long time relationship between foreign aid and Gross Domestic Product GDP. The hypothesis of foreign aid having an effect on economic growth was explored and examined. This study sought to archive the following objectives: To establish whether there is a connection between foreign aid and economic growth in Zambia and determine whether foreign aid significantly contributed to Zambia’s economic growth in the period under review. For policy implications, this study also analyzed the determinant of economic growth in Zambia over the same period. The results clearly revealed a positive relationship between foreign aid and Zambia’s economic growth in a given period that was under investigation. The findings in this study affirm that foreign aid may be important in promoting economic growth. This study also asserts that foreign aid may be effective in improving the quality and lives of people if used effectively. Thus, the outcome of this study recommends that foreign aid be directed towards the promotion of investment because its proper use can promote and boots the country’s economic growth. For policy implications, this study also found that independent variables such as Foreign Direct Investment FDI, Population Growth, Government Expenditure and Consumer Price Index as important and determinants of economic growth in Zambia over the same period. Thus, this study found that important drivers of economic growth included foreign aid inflow, population growth, investment whilst government expenditure and inflation affected GDP negatively, thus their impact was insignificant and negligible. This study furthers found efficiency and effectiveness of programs by government supported by foreign aid being effective to promote growth, hence, the reason why it is important for traditional donors to support government in many sectors.
Book Synopsis The Effect of Foreign Aid on Economic Growth and Corruption in 67 Developing Countries by : Vanarith Chheang
Download or read book The Effect of Foreign Aid on Economic Growth and Corruption in 67 Developing Countries written by Vanarith Chheang and published by . This book was released on 2009 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study examines the effect of foreign aid on economic growth and corruption in developing countries. Using panel data from 67 countries from 1986-2005, in two fixed effect models, the study finds that, after controlling for other factors, aid has no positive effect on economic growth. However, it finds that aid is positively related to corruption. That is, the more aid a country gets the better the corruption ranking of the country is. These findings suggest two lessons for policymakers. First, aid should not be used in expectation of increasing economic growth of recipient countries. Second, aid may be effective in improving the quality of governance in these countries.
Book Synopsis Foreign Aid and Development by : Finn Tarp
Download or read book Foreign Aid and Development written by Finn Tarp and published by Psychology Press. This book was released on 2000 with total page 522 pages. Available in PDF, EPUB and Kindle. Book excerpt: Aid has worked in the past but can be made to work better in the future. This book offers important new research and will appeal to those working in economics, politics and development studies as well as to governmental and aid professionals.
Book Synopsis Foreign Economic Aid by : Milton Friedman
Download or read book Foreign Economic Aid written by Milton Friedman and published by Hoover Institution Press. This book was released on 1995 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: Milton Friedman argues that foreign economic aid would retard economic development and promote socialism, not democracy.
Book Synopsis Foreign Aid Allocation, Governance, and Economic Growth by : Kamil Akramov
Download or read book Foreign Aid Allocation, Governance, and Economic Growth written by Kamil Akramov and published by . This book was released on 2012-11-30 with total page 3 pages. Available in PDF, EPUB and Kindle. Book excerpt: Foreign aid to developing countries is a subject of heated debate among politicians, economists, and development specialists. Does aid promote economic growth and reduce poverty? Some argue that foreign aid has no effect on growth and may sometimes even undermine growth in aid recipient countries. Others suggest that foreign aid positively influences economic growth. Still others suggest that foreign aid has a positive impact on growth but this impact is conditional on a good institutional and policy environment. This debate has high stakes, given that foreign aid in the form of official development assistance (ODA) by leading donor nations reached over US$120 billion in 2010, the highest level ever recorded. This study contributes to the debate by taking a different approach from conventional analyses of the aid–growth relationship. Analysis of the aid–growth relationship shows no significant connection between aggregate aid and per capita GDP growth. Rather than treating ODA as a single category, the study disaggregates it into several different categories, based on which sector of a recipient’s economy the ODA is meant to help or promote. The study investigates whether changes in sectoral allocation of ODA influence the effectiveness of foreign aid in promoting economic growth. Although this is not an entirely new direction for research in this area, little is known about the possible causal impacts of aid to different sectors on economic growth. The results of the study are presented in Foreign Aid Allocation, Governance, & Economic Growth, recently published by the University of Pennsylvania Press for IFPRI.
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 93 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 Effects of Foreign Aid by : Hiroaki Sakurai
Download or read book Effects of Foreign Aid written by Hiroaki Sakurai and published by Springer Nature. This book was released on 2021-07-19 with total page 89 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book focuses on the impact and effectiveness of foreign aid or official development assistance (ODA) from several aspects, as in the exemplary case of Thailand—factors that are important for formulating growth and fiscal policies to use foreign aid efficiently. Specifically, the book is devoted to analyzing the belief among aid practitioners that foreign aid, aimed mainly at wider access to social infrastructure, is one of the important elements for increasing living standards. Thailand has attained economic growth and poverty reduction while it has been receiving foreign aid for more than 50 years, with Japan providing one of the major portions of that aid. However, there is no established theory in the field of economics and related disciplines about whether foreign aid helps developing countries to improve the livelihoods of the poor. According to the analysis advocated in this book, foreign aid to Thailand contributes to economic growth. Moreover, the Thai government generally has governed foreign aid well and maintained sound management of finance primarily by reducing domestic borrowing as an alternative to foreign aid. The book shows that a kind of inter-dependent strategic relation has been established and managed well among aid agencies. These results, introduced by long-term data, are consistent with widely accepted ideas, while the effect of foreign aid itself is still under discussion. This book is intended to answer the needs of aid donors and policymakers as well as researchers and Ph.D. students. In addition, it suggests that other developing countries following similar policies should look to evidence from Thailand to reinforce their own cases.
Book Synopsis The Economics Of Foreign Aid And Self-sustaining Development by : Raymond F Mikesell
Download or read book The Economics Of Foreign Aid And Self-sustaining Development written by Raymond F Mikesell and published by Westview Press. This book was released on 1983-04-12 with total page 140 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Economics of Aid by : John Michael Healey
Download or read book The Economics of Aid written by John Michael Healey and published by . This book was released on 2011 with total page 69 pages. Available in PDF, EPUB and Kindle. Book excerpt: First published in 1971, this reissue considers the main aspects of foreign aid to developing countries in terms of economic concepts and principles. The author gives an economic definition of aid and considers the motives for giving aid and the principles on which it may be allocated. He looks at the effect on the economic growth of developing countries of both the aid given and the need to repay the debt, and the effect on trade patterns and resource allocation of tying aid to one particular project, or one source of goods. While economic analysis is only a first step in providing a basis fo.
