if global trade were fair, it is argued, then international aid would be unnecessary and inequalities inherent to the economic system would be justifiable. here, we argue that while global trade is unfair, in part because richer countries set the rules, we believe that additional interventions must go beyond trade regulation and short-term aid to redress inequalities among countries that will p...

For the Central Asian countries the dissolution of the Soviet Union led to economic disintegration as old coordination mechanisms disappeared and new national borders appeared. This paper analyses why it has been difficult to coordinate aid for regional cooperation projects (e.g., on the Aral Sea or trade facilitation) whose economic benefits appear positive. Bilateral aid flows to Central Asia...

Africa is the world’s most aided major region. Yet economic growth has been disappointingly low there. A number of factors explain the poor outcomes and limited sustainability of and in Africa. But the organisation and management of the aid relationship is a particularly important one, including the dependence of Africans on that aid. The currently popular nostrums for solving the problem of th...

A recent IMF publication (Gupta et al. 2006, p. 24) notes, helpfully, that not all aid is geared to promoting economic growth. Some forms of aid, such as for roads and electricity, have obvious direct links to growth. Other forms of aid, such as for education or health, might affect growth less directly and more over the long term. But a third form of aid, such as for humanitarian relief, might...

During the decade from 1940 to 1950, the number of persons derlying the rising cost of old-age benefiting under programs of public aid dropped from 15 million assistance and aid to dependent chilto 6 million, mainly as a result of improved economic condidren would in itself have resulted in tions, the consequent discontinuance of Federal work programs, a startling rise in assistance expendiand ...

Political proximity between donor and recipient governments may impair the effectiveness of aid by encouraging favoritism. By contrast, political misalignment between donor and recipient governments may render aid less effective by adding to transaction costs and giving rise to incentive problems. We test these competing hypotheses empirically by considering the political ideology of both gover...

A recent IMF publication (Gupta et al. 2006, p. 24) notes, helpfully, that not all aid is geared to promoting economic growth. Some forms of aid, such as for roads and electricity, have obvious direct links to growth. Other forms of aid, such as for education or health, might affect growth less directly and more over the long term. But a third form of aid, such as for humanitarian relief, might...

This paper assesses the aid-development nexus in 52 African countries using updated data (1996-2010) and a new indicator of human development (adjusted for inequality). The effects of Total Net Official Development Assistance (NODA), NODA from the Development Assistance Committee (DAC) and NODA from Multilateral donors on economic prosperity (at national and per capita levels) are also examined...