Challenging Foreign Aid
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Author | : George Mavrotas |
Publisher | : OUP Oxford |
Total Pages | : 749 |
Release | : 2010-02-25 |
Genre | : Business & Economics |
ISBN | : 0191610445 |
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.
Author | : Lael Brainard |
Publisher | : Rowman & Littlefield |
Total Pages | : 292 |
Release | : 2004-05-13 |
Genre | : Political Science |
ISBN | : 9780815711193 |
A Brookings Institution Press and the Center for Global Development publication The plight of the poorest around the world has been pushed to the forefront of America's international agenda for the first time in many years by the war on terrorism and the formidable challenges presented by the HIV/AIDS pandemic. In March 2002, President Bush announced the creation of the Millennium Challenge Account (MCA). This bilateral development fund represents an increase of $5 billion per year over current assistance levels and establishes of a new agency to promote growth in reform-oriented developing countries. Amounting to a doubling of U.S. bilateral development aid—the largest increase in decades—the MCA offers a critical chance to deliberately shape the face that the United States presents to people in poor nations around the world. This book makes concrete recommendations on crafting a new blueprint for distributing and delivering aid to make the MCA an effective tool, not only in its own right, but also in transforming U.S. foreign aid and strengthening international aid cooperation more generally. The book tackles head on the tension between foreign policy and development goals that chronically afflicts U.S. foreign assistance; the danger of being dismissed as one more instance of the United States going it alone instead of buttressing international cooperation; and the risk of exacerbating confusion among the myriad overlapping U.S. policies, agencies, and programs targeted at developing nations, particularly USAID. In doing so, The Other War draws important lessons from new international development initiatives, such as the Global Fund to Fight AIDS, TB, and Malaria, the mixed record of previous U.S. aid efforts, trends in the U.S. budget for foreign assistance, the agencies currently involved in administering U.S. development policy, and the importance of the relationship between Congress and the executive branch in determining aid outcomes. The MCA holds the promise of substantially increasing U.S. development assistance and piolicy, and the importance of the relationship between Congress and the executive branch in determining aid outcomes. The MCA holds the promise of substantially increasing U.S. development assistance and pioneering a new era in aid, but the authors caution against creating yet another example of wasted aid that could undermine political support for foreign assistance for decades to come.
Author | : Jessica Trisko Darden |
Publisher | : Stanford University Press |
Total Pages | : 255 |
Release | : 2019-12-24 |
Genre | : Political Science |
ISBN | : 1503611000 |
The United States is the world's leading foreign aid donor. Yet there has been little inquiry into how such assistance affects the politics and societies of recipient nations. Drawing on four decades of data on U.S. economic and military aid, Aiding and Abetting explores whether foreign aid does more harm than good. Jessica Trisko Darden challenges long-standing ideas about aid and its consequences, and highlights key patterns in the relationship between assistance and violence. She persuasively demonstrates that many of the foreign aid policy challenges the U.S. faced in the Cold War era, such as the propping up of dictators friendly to U.S. interests, remain salient today. Historical case studies of Indonesia, El Salvador, and South Korea illustrate how aid can uphold human freedoms or propagate human rights abuses. Aiding and Abetting encourages both advocates and critics of foreign assistance to reconsider its political and social consequences by focusing international aid efforts on the expansion of human freedom.
Author | : Dambisa Moyo |
Publisher | : Macmillan |
Total Pages | : 209 |
Release | : 2009-03-17 |
Genre | : Business & Economics |
ISBN | : 0374139563 |
Debunking the current model of international aid promoted by both Hollywood celebrities and policy makers, Moyo offers a bold new road map for financing development of the world's poorest countries.
Author | : Alan Rix |
Publisher | : Routledge |
Total Pages | : 239 |
Release | : 2010-11 |
Genre | : Business & Economics |
ISBN | : 1136928553 |
When this volume was published in 1993 it was the first comprehensive analysis of the major policy issues confronting Japan’s massive foreign aid programme. It deals with the philosophy behind Japan’s aid, Japanese reactions to the severe criticisms of its programmes and the beginnings of meaningful administrative reform of the complex aid system. Alan Rix goes on to examine the widespread innovation in programmes and policies to make Japan’s aid more responsive and the impact of the Asian bias in Japan’s aid.
Author | : |
Publisher | : World Bank Publications |
Total Pages | : 164 |
Release | : 1998 |
Genre | : Political Science |
ISBN | : 9780195211238 |
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 | : R. Glenn Hubbard |
Publisher | : Columbia University Press |
Total Pages | : 217 |
Release | : 2009-08-31 |
Genre | : Political Science |
ISBN | : 0231519508 |
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 | : Abhijit Vinayak Banerjee |
Publisher | : MIT Press |
Total Pages | : 74 |
Release | : 2007-03-23 |
Genre | : Business & Economics |
ISBN | : 0262260395 |
An encouraging account of the potential of foreign aid to reduce poverty and a challenge to all aid organizations to think harder about how they spend their money. With more than a billion people now living on less than a dollar a day, and with eight million dying each year because they are simply too poor to live, most would agree that the problem of global poverty is our greatest moral challenge. The large and pressing practical question is how best to address that challenge. Although millions of dollars flow to poor countries, the results are often disappointing. In Making Aid Work, Abhijit Banerjee—an "aid optimist"—argues that aid has much to contribute, but the lack of analysis about which programs really work causes considerable waste and inefficiency, which in turn fuels unwarranted pessimism about the role of aid in fostering economic development. Banerjee challenges aid donors to do better. Building on the model used to evaluate new drugs before they come on the market, he argues that donors should assess programs with field experiments using randomized trials. In fact, he writes, given the number of such experiments already undertaken, current levels of development assistance could focus entirely on programs with proven records of success in experimental conditions. Responding to his challenge, leaders in the field—including Nicholas Stern, Raymond Offenheiser, Alice Amsden, Ruth Levine, Angus Deaton, and others—question whether randomized trials are the most appropriate way to evaluate success for all programs. They raise broader questions as well, about the importance of aid for economic development and about the kinds of interventions (micro or macro, political or economic) that will lead to real improvements in the lives of poor people around the world. With one in every six people now living in extreme poverty, getting it right is crucial.
Author | : Roger C. Riddell |
Publisher | : Oxford University Press |
Total Pages | : 531 |
Release | : 2008-08-07 |
Genre | : Business & Economics |
ISBN | : 0199544468 |
Provided for over 60 years, and expanding more rapidly today than it has for a generation, foreign aid is now a $100bn business. But does it work? Indeed, is it needed at all? In this first-ever, overall assessment of aid, Roger Riddell provides a rigorous but highly readable account of aid, warts and all.
Author | : John Norris |
Publisher | : Rowman & Littlefield |
Total Pages | : 339 |
Release | : 2021-07-01 |
Genre | : Political Science |
ISBN | : 1538154676 |
"This comprehensive history of the U.S. Agency for International Development, the U.S. government’s official bilateral foreign aid agency, deserves to be read by all students of U.S. foreign policy." Foreign Affairs US Foreign aid is one of the most misunderstand functions of our federal government. Consuming less than 1% of the federal government budget, it has nonetheless played an outsized role in political debate. At the center of this controversy and misunderstanding has been the U.S. Agency for International Development, or AID, the government agency created during the Kennedy administration to administer America’s foreign assistance programs, an often-conflicted behemoth with a presence spanning the globe. In this book, journalist and foreign policy expert John Norris provides a compelling and rich story of AID, warts and all. There have been moments of enormous triumph: the eradication of smallpox, the Green Revolution, efforts to bring family planning to millions of women for the first time. There have also been florid, headline-grabbing failures in places like Vietnam and Iraq, missteps born out of ignorance and ethnocentrism, and money that flowed into the coffers of despots like President Mobutu in Zaire. In totality, the work of AID has touched millions and millions of lives in ways that have been truly profound, both good and bad. On the Eve of AID’s 60th anniversary, Norris shares history on an almost epic scale that remains largely untold.