Author: Atikul Islam
Publisher: GRIN Verlag
ISBN: 3656416710
Category : Business & Economics
Languages : en
Pages : 22
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Book Description
Seminar paper from the year 2013 in the subject Sociology - Economy and Industry, University of Dhaka, language: English, abstract: The effectiveness of foreign aids to the third world developing countries is a controversial issue. Liberal economists thought, key to economic success is appropriate usage of loans, and if it is utilized effectively, such loans can have a hugely important role to play. Loans can contribute to poverty reduction, to fill the deficit of budget gap, to build big construction such as bridge, roads, public buildings, educational institutions etc. But critique of foreign aid such as Andre Gudner Frank argues that foreign aid is a means of domination, dependency, exploitation to the third world developing countries. In the colonial era, imperialist countries accumulated raw materials, natural resources, mineral resources etc. directly through colonialism or imperialism. In the present neocolonial or neoliberal society, aid is a new form of domination, dependency to the third world countries and also a means of trade, marketing of machineries, technologies etc. Bangladesh, located in South Asia, is one of the poorest countries in the world. According to the UNDP’s 2010 Country Summary report, the country has a large population 164.7 million and having GDP per Capita is $ 1300. External debt is $ 316.7 per $ 1000 GDP. Foreign aid both grants and loans has impacts on the economy of Bangladesh. It contributes to the development works like bridge, roads, highways, infrastructural works etc. But it is also leading to growing indebtedness, dependency, domination etc. Padma Bridge project is the most recent and best example of foreign aid as means of development or dependency of a country. World Bank is gradually delaying the project for the acquisition of corruption against SNC- Lavalin Company and former communication minister Sayad Abul Hoshen etc. But there is also acquisition against World Bank that it was itself was in favor of fault lender institution. Recently, Bangladesh has withdrawn its proposal from World Bank but World Bank has declared that proposed loan for Padma Bridge is fixed for Bangladesh and Bangladesh can use the loan in other development projects. My paper argues that foreign aid has impact on the development but it is also means of domination and trade of donors. Bangladesh is not self sufficient not to take the aid but if the aid is channeled through appropriate biding and utilized effectively, such aid can have hugely important role for development.
Author:
Publisher: World Bank Publications
ISBN: 9780195211238
Category : Political Science
Languages : en
Pages : 164
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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.
Author: Simone Dietrich
Publisher: Cambridge University Press
ISBN: 1316519201
Category : Business & Economics
Languages : en
Pages : 295
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Book Description
Explores the different choices made by donor governments when delivering foreign aid projects around the world.
Author:
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Author: R. Glenn Hubbard
Publisher: Columbia University Press
ISBN: 0231519508
Category : Political Science
Languages : en
Pages : 217
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Book Description
Over the past twenty years more citizens in China and India have raised themselves out of poverty than anywhere else at any time in history. They accomplished this through the local business sector the leading source of prosperity for all rich countries. In most of Africa and other poor regions the business sector is weak, but foreign aid continues to fund government and NGOs. Switching aid to the local business sector in order to cultivate a middle class is the oldest, surest, and only way to eliminate poverty in poor countries. A bold fusion of ethics and smart business, The Aid Trap shows how the same energy, goodwill, and money that we devote to charity can help local business thrive. R. Glenn Hubbard and William Duggan, two leading scholars in business and finance, demonstrate that by diverting a major share of charitable aid into the local business sector of poor countries, citizens can take the lead in the growth of their own economies. Although the aid system supports noble goals, a local well-digging company cannot compete with a foreign charity that digs wells for free. By investing in that local company a sustainable system of development can take root.
Author: Viktor Jakupec
Publisher: Academic Press
ISBN: 0128036710
Category : Business & Economics
Languages : en
Pages : 274
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Book Description
Assessing the Impact of Foreign Aid: Value for Money and Aid for Trade provides updated information on how to improve foreign aid programs, exploring the concept and practice of impact assessment within the sometimes-unproblematic approaches advocated in current literature of value for money and aid for trade. Contributors from multi-lateral agencies and NGOs discuss the changing patterns of Official Development Assistance and their effects on impact assessment, providing theoretical, political, structural, methodological, and practical frameworks, discussions, and a theory-practice nexus. With twin foci of economics and policy this book raises the potential for making sophisticated and coherent decisions on aid allocation to developing countries. - Addresses the impact of aid for trade and value for money, rather than its implementation - Discusses the changing patterns of Official Development Assistance and their effects on impact assessment, providing theoretical, political, structural, methodological, and practical frameworks, discussions, and a theory-practice nexus - Assesses the effects and implications of the value for money and aid for trade agendas - Highlights economic issues
Author: Sophal Ear
Publisher: Columbia University Press
ISBN: 0231530927
Category : Political Science
Languages : en
Pages : 209
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Book Description
International intervention liberated Cambodia from pariah state status in the early 1990s and laid the foundations for more peaceful, representative rule. Yet the country's social indicators and the integrity of its political institutions declined rapidly within a few short years, while inequality grew dramatically. Conducting an unflinching investigation into these developments, Sophal Ear reveals the pernicious effects of aid dependence and its perversion of Cambodian democracy. International intervention and foreign aid resulted in higher maternal (and possibly infant and child) mortality rates and unprecedented corruption by the mid-2000s. Similarly, in example after example, Ear finds the more aid dependent a country, the more distorted its incentives to develop sustainably. Contrasting Cambodia's clothing sector with its rice and livestock sectors and internal handling of the avian flu epidemic, he showcases the international community's role in preventing Cambodia from controlling its national development. A postconflict state unable to refuse aid, Cambodia is rife with trial-and-error donor experiments and their unintended consequences, such as bad governance and poor domestic and tax revenue performance—a major factor curbing sustainable, nationally owned growth. By outlining the terms through which countries can achieve better ownership of their development, Ear offers alternatives for governments still on the brink of collapse, despite ongoing dependence on foreign intervention and aid.
Author: Finn Tarp
Publisher: Routledge
ISBN: 1134608489
Category : Business & Economics
Languages : en
Pages : 415
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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.
Author: OECD
Publisher: OECD Publishing
ISBN: 9264007636
Category :
Languages : en
Pages : 173
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Book Description
This book, based on the experience of the DAC Member countries, examines how to manage foreign aid programs to acheive the best results.
Author: Katarina Tomaševski
Publisher:
ISBN:
Category : Economic assistance
Languages : en
Pages : 232
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Book Description
