Lessons on Foreign Aid and Economic Development


Book Description

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.




Assessing Aid


Book Description

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.




Capacity for Development


Book Description

'The United Nations system was a pioneer in the field of technical cooperation, and capacity development is its central mandate. UNDP has long played an important leadership role in both, as a source of technical cooperation funds and advisory services and as the home of innovative intellectual research and analysis on how to make them more efficient and effective. This book [presents] a vision that builds on new possibilities for knowledge-sharing, for which the revolution in information and communications technologies offers ample opportunities... a vision that is firmly founded on genuine ownership by the ultimate beneficiaries of development efforts: the government and citizens of developing countries' From the Foreword by MARK MALLOCH BROWN, Administrator, UNDP Capacity for Development brings together innovative and well-supported studies of technical cooperation along with its potential to build sustainable capacities in developing countries, by enhancing the knowledge, skills and productive aptitudes of their populations. A team of eminent development professionals and economists examine the achievements of technical cooperation and offer recommendations for reform in the context of globalization, democratisation, the information revolution and the growth of capacities in the South. They analyse the issues from three perspectives: ownership, capacity enablers and knowledge. The team show how the complex processes involved can be restructured to produce local involvement and empowerment, set out a normative framework for the input from society, and describe a new paradigm of knowledge for capacity building in the network age. This book will be essential reading for all development professionals and policy-makers, as well as providing an invaluable research and teaching resource.




Foreign Aid and Development


Book Description

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.




Foreign Aid for Development


Book Description

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.




The effectiveness of aid in promoting economic development in developing countries


Book Description

Essay from the year 2018 in the subject Politics - Topic: Development Politics, grade: 62.00, University of Reading, course: Development Finance, language: English, abstract: Ever year billions of dollars are channeled to developing countries to help them escape the poverty traps they are stuck in. According to the OECD statistics development aid given to the countries in need accounted for USD 142,6 billion in 2016. And, yet foreign aid remains a very controversial issue and its effectiveness has been highly debatable. The aim of this essay is to explore the reasons behind problematic aspects of development aid as well as to try to find a solution to them.




Aid Effectiveness for Environmental Sustainability


Book Description

This collection examines the role that foreign aid can play in dealing with the severe global challenge of climate change, one of the most pressing international development issues of the 21st century. Addressing the key threats of rising temperatures, changes in precipitation, coastal erosion and natural disasters, the book considers the implications for policy and future research, particularly in developing countries. Focusing on the worth of foreign aid in ensuring environmental sustainability, this collection consider how it can be used to improve access to sustainable energy, to promote efficient use of energy resources, to improve emission reduction and support the preservation of biodiversity in forests. Advancing our knowledge about foreign aid and climate change, it provides policy recommendations for the donors and recipient country governments. A cutting edge text on one of the most pressing international development issues of this century, this is key reading for all scholars of international development and climate change.




Aid and Development


Book Description




Handbook of Aid and Development


Book Description

With intellectual rigour, the Handbook of Aid and Development not only critically examines the relationship between aid and development, but also discusses recent trends within the field and judiciously considers its future prospects.