Empirical Evidence on the New International Aid Architecture

Empirical Evidence on the New International Aid Architecture PDF Author: Stijn Claessens
Publisher: International Monetary Fund
ISBN:
Category : Business & Economics
Languages : en
Pages : 60

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Book Description
We study how 22 donors allocate their bilateral aid among 147 recipient countries over the 1970- 2004 period to investigate whether changes in the international aid architecture?at the international and country level?have led to changes in behavior. We find that after the fall of the Berlin wall, and especially in the late nineties, bilateral aid responds more to economic need and the quality of a recipient country's policy and institutional environment and less to debt, size, and colonial linkages. Importantly, we find that when a country uses a PRSP and passes the HIPC decision point the perverse effect of large bilateral and multilateral debt shares on aid flows is reduced, suggesting less defensive lending. Overall, it appears international aid architecture changes have led to more selectivity in aid allocations. The specific factors causing these changes remain unclear, however. Furthermore, there remain large differences among donors in selectivity that appear to relate to donors' own institutional environments. Together this suggests that further reforms will have to be multifaceted.

Empirical Evidence on the New International Aid Architecture

Empirical Evidence on the New International Aid Architecture PDF Author: Stijn Claessens
Publisher: International Monetary Fund
ISBN:
Category : Business & Economics
Languages : en
Pages : 60

Get Book Here

Book Description
We study how 22 donors allocate their bilateral aid among 147 recipient countries over the 1970- 2004 period to investigate whether changes in the international aid architecture?at the international and country level?have led to changes in behavior. We find that after the fall of the Berlin wall, and especially in the late nineties, bilateral aid responds more to economic need and the quality of a recipient country's policy and institutional environment and less to debt, size, and colonial linkages. Importantly, we find that when a country uses a PRSP and passes the HIPC decision point the perverse effect of large bilateral and multilateral debt shares on aid flows is reduced, suggesting less defensive lending. Overall, it appears international aid architecture changes have led to more selectivity in aid allocations. The specific factors causing these changes remain unclear, however. Furthermore, there remain large differences among donors in selectivity that appear to relate to donors' own institutional environments. Together this suggests that further reforms will have to be multifaceted.

Empirical Evidence on the New International Aid Architecture

Empirical Evidence on the New International Aid Architecture PDF Author: Stijn Claessens
Publisher:
ISBN:
Category :
Languages : en
Pages : 55

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Book Description
We study how 22 donors allocate their bilateral aid among 147 recipient countries over the 1970-2004 period to investigate whether changes in the international aid architecture - at the international and country level - have led to changes in behavior. We find that after the fall of the Berlin wall, and especially in the late nineties, bilateral aid responds more to economic need and the quality of a recipient country's policy and institutional environment and less to debt, size, and colonial linkages. Importantly, we find that when a country uses a PRSP and passes the HIPC decision point the perverse effect of large bilateral and multilateral debt shares on aid flows is reduced, suggesting less defensive lending. Overall, it appears international aid architecture changes have led to more selectivity in aid allocations. The specific factors causing these changes remain unclear, however. Furthermore, there remain large differences among donors in selectivity that appear to relate to donors' own institutional environments. Together this suggests that further reforms will have to be multifaceted.

The Quest for a New International Aid Architecture

The Quest for a New International Aid Architecture PDF Author: Hatice Karahan
Publisher: Springer Nature
ISBN: 3030504425
Category : Business & Economics
Languages : en
Pages : 270

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Book Description
This book examines Turkey’s success within international development cooperation and how this could create a framework for a new international aid architecture. Turkey has become a world leader in humanitarian assistance and shared an extraordinary burden in official development assistance (ODA). Its achievements are used to highlight the global failure to meet aid commitments and the increasingly permanent humanitarian problems seen in certain regions. A particular focus is given to Turkey’s diplomatic and humanitarian actions, its contribution to regional stability and development, and creating a holistic aid perspective. The book aims to provide the reader with an understanding of Turkey’s significant value-added contribution to the international aid architecture, gives an outline for international cooperation, and contributes to ongoing discussions within development economics, political science, and international relations.

Aid, Institutions and Development

Aid, Institutions and Development PDF Author: Ashok Chakravarti
Publisher: Edward Elgar Publishing
ISBN: 1845425529
Category : Social Science
Languages : en
Pages : 200

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Book Description
This accessible book is a powerful critique of the effectiveness of development aid. It skilfully combines a wealth of practical experience with a thorough examination of recent academic research. It will certainly challenge the defenders of aid to rethink their position for the twenty-first century. John Toye, Department of Economics, Oxford, UK This is an excellent book; interesting and extremely well written. It offers a masterly survey of existing work in the field and will have a wide appeal amongst policymakers and academic economists with an interest in development. A.P. Thirlwall University of Kent, Canterbury, UK This book makes a significant contribution by examining an important issue, namely, the effects of foreign aid on development. The author provides an insightful critical review of the relevant academic literature, and presents a careful evaluation of recent foreign aid initiatives and approaches. The reader is struck by the author s painstaking and wide-ranging research on the subject, interspersed with thoughtful comments based on his own experiences. Scholars and practitioners working on development will find much that is insightful, informative, provocative and stimulating. Amitava Krishna Dutt, University of Notre Dame, US In spite of massive flows over the past 50 years, aid has failed to have any significant impact on development. Marginalization from the world economy and increases in absolute poverty are causing countries to degenerate into failed, oppressive and, in some cases, dangerous states. To address this malaise, Ashok Chakravarti argues that there should be more recognition of the role economic and political governance can play in achieving positive and sustainable development outcomes. Using the latest empirical findings on aid and growth, this book reveals how good governance can be achieved by radically restructuring the international aid architecture. This can be realised if the governments of donor nations and international financial institutions refocus their aid programs away from the transfer of resources and so-called poverty reduction measures, and instead play a more forceful role in the developing world to achieve the necessary political and institutional reform. Only in this way can aid become an effective instrument of growth and poverty reduction in the 21st century. Aid, Institutions and Development presents a new, thoroughly critical and holistic perspective on this topical and problematic subject. Academics and researchers in development economics, policymakers, NGOs, aid managers and informed readers will all find much to challenge and engage them within this book.

New Europe's New Development Aid

New Europe's New Development Aid PDF Author: Balázs Szent-Iványi
Publisher: Routledge
ISBN: 1136010564
Category : Social Science
Languages : en
Pages : 228

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Book Description
This book examines the international development policies of five East Central European new EU member states, the Czech Republic, Hungary, Poland, Slovakia and Slovenia. These countries turned from being aid recipients to donors after the turn of the millennium in the run-up to EU accession in 2004. The book explains the evolution subsequent to EU accession and current state of foreign aid policies in the region and the reasons why these deviate from many of the internationally agreed best practices in development cooperation. It argues that after the turn of the millennium, a 'Global Consensus' has emerged on how to make foreign aid more effective for development. A comparison between the elements of the Global Consensus and the performance of the five countries reveals that while they have generally implemented little of these recommendations, there are also emerging differences between the countries, with the Czech Republic and Slovenia clearly aspiring to become globally responsible donors. Building on the literatures on foreign policy analysis, international socialization and interest group influence, the book develops a model of foreign aid policy making in order to explain the general reluctance of the five countries in implementing international best practices, and also the differences in their relative performance.

Global Financial Integration Thirty Years On

Global Financial Integration Thirty Years On PDF Author: Geoffrey R. D. Underhill
Publisher: Cambridge University Press
ISBN: 1139490478
Category : Political Science
Languages : en
Pages :

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Book Description
Early in the new millennium it appeared that a long period of financial crisis had come to an end, but the world now faces renewed and greater turmoil. This 2010 volume analyses the past three decades of global financial integration and governance and the recent collapse into crisis, offering a coherent and policy-relevant overview. State-of-the-art research from an interdisciplinary group of scholars illuminates the economic, political and social issues at the heart of devising an effective and legitimate financial system for the future. The chapters offer debate around a series of core themes which probe the ties between public and private actors and their consequences for outcomes for both developed markets and developing countries alike. The contributors argue that developing effective, legitimate financial governance requires enhancing public versus private authority through broader stakeholder representation, ensuring more acceptable policy outcomes.

Aid for Trade: Global and Regional Perspectives

Aid for Trade: Global and Regional Perspectives PDF Author: Philippe Lombaerde
Publisher: Springer Science & Business Media
ISBN: 1402094558
Category : Business & Economics
Languages : en
Pages : 274

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Book Description
Aid for Trade (AfT) has become a major item on the international trade and development discourse. This is to a large extent in response to concerns expressed by developing countries and economies in transition with regard to their capacities to implement trade agreements, especially WTO agreements, and undertake necessary adjustments to increase net development gains from emerging trade opportunities. In this World Report, major UN agencies active in development cooperation and longstanding providers of trade-related technical assistance and capacity building discuss ways to sustain the momentum towards the operationalization and implementation of the AfT initiative and the supportive role to be played by the UN system. This is consistent with UN's role in promoting development and helping to achieve poverty reduction, as committed in the Millennium Declaration and the 2005 World Summit Outcome. The Report should be of particular interest to government officials, officials of regional organizations, representatives of the private sector dealing with trade agreements and negotiations, civil society and academia. Supachai Panitchpakdi, Secretary-General of UNCTAD Lakshmi Puri is Acting Deputy Secretary-General and Director of the Division on International Trade and Services, and Commodities at UNCTAD in Geneva. Philippe De Lombaerde is Associate Director of United Nations University (UNU-CRIS) in Bruges. In collaboration with: UNCTAD, ECA, ECLAC, ESCAP, ESCWA, UNECE, UNIDO, UNDP, UNEP

Global Monitoring Report 2008

Global Monitoring Report 2008 PDF Author: World Bank
Publisher: World Bank Publications
ISBN: 0821373854
Category : Business & Economics
Languages : en
Pages : 290

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Book Description
'Global Monitoring Report 2008', the fifth in an annual series, is essential reading for those who wish to follow the global development agenda and debate in 2008. The year marks the midpoint toward the 2015 deadline for achieving the Millennium Development Goals (MDGs). It is also an important year to work toward a consensus on how the world is going to respond to the challenge of climate change, building on the foundation laid at the Bali climate change conference in December 2007. The report spans this agenda. It provides a comprehensive assessment of progress toward the MDGs and related policies and actions. It addresses the challenge of climate change and environmental sustainability and assesses its implications for development. The report's assessment of MDGs at midpoint presents a mixed picture, one of both significant progress and formidable challenges. The first MDG, reducing extreme poverty by half, is likely to be met at the global level, thanks to a remarkable surge in global economic growth over the past decade. But, on current trends, the human development MDGs are unlikely to be met. Prospects are gravest for the goals of reducing child and maternal mortality, but shortfalls are also likely in the primary school completion. nutrition, and sanitation MDGs. The potential effects of climate change compound the challenge of achieving the development goals and sustaining progress. The report's messages are clear: urgent action is needed to help the world get back on track to achieve the MDGs; and urgent action is also needed to combat climate change that threatens the well-being of all countries, but particularly of poor countries and poor people. The goals of development and environmental sustainability are closely related, and the paths to those goals have important synergies.

The Oxford Handbook of the Social Science of Poverty

The Oxford Handbook of the Social Science of Poverty PDF Author: David Brady
Publisher: Oxford University Press
ISBN: 0199914052
Category : Political Science
Languages : en
Pages : 937

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Book Description
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.

African Economic Development

African Economic Development PDF Author: Steven Langdon
Publisher: Routledge
ISBN: 1317427300
Category : Business & Economics
Languages : en
Pages : 890

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Book Description
Sub-Saharan Africa is at a turning point. The barriers to economic growth seen in the 1980-2000 era are disappearing and new optimism is spreading. However, difficult goals of eliminating poverty, achieving equity and overcoming environmental threats continue. This much-needed and insightful textbook has been written to help us understand this combination of emerging improvements and significant challenges. Opening with an analysis of the main theories relating to development in Sub-Saharan Africa, the book explores all the key issues, including: Human development; Rapid urbanization; Structural and gender dimensions; Sustainable development and environmental issues; and Africa’s role in the world economy. The authors use economic tools and concepts throughout, in a way that makes them accessible to students without an economics background. Readers are also aided by a wide range of case studies, on-the-ground examples and statistical information, which provide a detailed analysis of each topic. This text is also accompanied by an e-resource, featuring additional sources for students and instructors. African Economic Development is a clear and comprehensive textbook suitable for courses on African economic development, development economics, African studies and development studies.