Tarp, Finn (2003): Udviklingsbistanden i perspektiv. Published in:
Preview |
PDF
MPRA_paper_64172.pdf Download (378kB) | Preview |
Abstract
Foreign aid has evolved considerably over the last five decades in response to a dramatically changing global political and economic context. This paper takes a retrospective look at this process and discusses whether aid has been effective in furthering economic growth and development. The implications for the donor community of the decreasing relative importance of aid are assessed, and five examples of how aid policy can be improved in the future are put forward. I argue, in particular, that much greater care should be exercised when applying macro performance evaluation to development assistance. This approach increases the risk of aid becoming politicized and allocated inefficiently. Instead, a concerted effort should be made to draw much more on microeconomic insights and understanding in aid design and implementation.
Item Type: | MPRA Paper |
---|---|
Original Title: | Udviklingsbistanden i perspektiv |
English Title: | Foreign Aid in Perspective |
Language: | Danish |
Keywords: | Foreign Aid, Growth, Development |
Subjects: | F - International Economics > F3 - International Finance > F35 - Foreign Aid F - International Economics > F6 - Economic Impacts of Globalization > F63 - Economic Development O - Economic Development, Innovation, Technological Change, and Growth > O4 - Economic Growth and Aggregate Productivity |
Item ID: | 64172 |
Depositing User: | Finn Tarp |
Date Deposited: | 07 May 2015 14:51 |
Last Modified: | 28 Sep 2019 02:44 |
References: | Allen, F. 1985. On the Fixed Nature of Sharecropping Contracts. The Economic Journal 95(377): 30-48. Altug, S. og R.A. Miller. 1990. Household Choices in Equilibrium. Econometrica, 58(3): 543-70. Altonji, J.G., F. Hayashi og L.J. Kotlikoff. 1989. Is the Extended Family Altruistically Linked? NBER Working Paper nr. 3046. Atkeson, A. 1991. International Lending with Moral Hazard and Risk of Repudiation Econometrica, 59(4): 1069-89. Atkeson, A. og R.E. Lucas, Jr. 1992. On Efficient Distribution with Private Information. The Review of Economic Studies 59(3): 427-53. Bardhan, P.K. 1980. Interlocking Factor Markets and Agrarian Development: A Review of the Issues. Oxford Economic Papers 32(1): 82-98. Basu, K. 1989. Technological Stagnation, Tenurial Laws, and Adverse Selection. American Economic Review 79 (1): 251-55. Bell, C.R. 1988. Credit Markets and Interlinked Transactions, i H. Chenery og T. Srinivasan, red., Handbook of Development Economics, Volume I. Amsterdam: North Holland. Besley, T.J. 1988. Tied-in Credit with a Monopoly Credit Market. Economics Letters 28(2): 105-108. Bhaduri, A. 1973. Agricultural Backwardness under Semi-Feudalism. Economic Journal 83(329): 120-37. Binswanger, H.P. m.fl. 1984. Common Features and Contrasts in Labor Relations in the Semiarid Tropics of India, i H.P. Binswanger og M.R. Rosenzweig, red., Contractual Arrangements, Employment, and Wages in Rural Labor Markets in Asia. New Haven: Yale University Press. Binswanger, H.P. m.fl. 1985. Credit Markets in South India: Theoretical Issues and Empirical Analysis. World Bank Discussion Paper ARU 45, Washington D.C. Boone, P. 1994. The Impact of Foreign Aid on Savings and Growth. London School of Economics. Boone, P. 1996. Politics and the Effectiveness of Foreign Aid. European Economic Review 40(2): 289-29. Borensztein, E., J. de Gregorio og J. Wha Lee. 1998. How Does Foreign Direct Investment Affect Economic Growth? Journal of International Economics 45(1): 115-35. Braverman, A. og J.E. Stiglitz. 1982. Sharecropping and the Interlinking of Agrarian Markets. American Economic Review 72(4): 695-715. Burnside, C. og D. Dollar. 1997. Aid, Policies and Growth. Policy Research Working Paper 1777. World Bank, Development Research Group, Washington, D.C. Burnside, C. og D. Dollar. 2000. Aid, Policies and Growth. American Economic Review 90(4): 847-68. Cassen, R. m.fl. 1994. Does Aid Work? Report to an Intergovernmental Task Force. Second edition. Library of Political Economy Series. Oxford and New York: Oxford University Press, Clarendon Press. Collier, P. og D. Dollar. 2002. Aid Allocation and Poverty Reduction. European Economic Review 45(8): 1475-1500. Dalgaard, C.-J. og H. Hansen. 2001. On Aid, Growth and Good Policies. Journal of Development Studies 37(6): 17-41. Dalgaard, C.-J., H. Hansen, og F. Tarp. 2002. On the Empirics of Foreign Aid and Growth. Centre for Research in Economic Development and International Trade (CREDIT) Working Paper 02/08. University of Nottingham. de M., Lorenzo, F. Stewart og R. van der Hoeven. 1999. Computable General Equilibrium Models, Adjustment and the Poor in Africa. World Development 27(3): 453-70. de Mello, Luiz R. 1997. Foreign Direct Investment in Developing Countries and Growth: A Selective Survey. The Journal of Development Studies 34(1): 1-34. de Mello, Luiz R. 1999. Foreign Direct Investment- Led Growth: Evidence from Time- Series and Panel Data. Oxford Economic Papers 51(1): 133-51. Deaton, A. 1990. On Risk, Insurance, and Intra-village Consumption Smoothing. Mimeo. Deaton, A. 1992. Understanding Consumption. Oxford: Clarendon Press. Deaton, A. og C. Paxson. 1994. Intertemporal Choice and Inequality. Journal of Political Economy 102(3): 437-67. Devarajan, S., D. Dollar og T. Holmgren, red. 2001. Aid and Reform in Africa. Washington, D.C.: World Bank. Easterly, W., R. Levine og D. Roodman. 2003. New Data, New Doubts: Revisiting ‘Aid, Policies, and Growth’. Center for Global Development. Publiceres også I American Economic Review. Fafchamps, M. 1992. Solidarity Networks in Preindustrial Societies: Rational Peasants with a Moral Economy. Economic Development and Cultural Change 41(1): 147-74. Fung, M.K.Y., J. Zeng og L. Zhu. 1999. Foreign Capital, Urban Unemployment, and Economic Growth. Review of International Economics 7(4): 651-64. Gjesdal, F. 1982. Information and Incentives: the Agency Information Problem. Review of Economic Studies 49(3): 373-90. Green, E.J. 1987. Lending and Smoothing of Uninsurable Income, i E.C. Prescott and N. Wallace, red. Contractual Arrangements for Intertemporal Trade. Minneapolis: University of Minnesota Press. Hansen, H. og F. Tarp. 2000. Aid Effectiveness Disputed. Journal of International Development 12(3): 375-98. Hansen, H. og F. Tarp. 2001. Aid and Growth Regressions. Journal of Development Economics 64 (2): 547-70. Hayashi, F. 1987. Tests for Liquidity Constraints: a Survey and Some New Observations, i T.F. Bewley red., Advances in Economic Theory, Fifth World Congress. Cambridge: Cambridge University Press. Hayashi, F., J.G. Altonji og L.J. Kotlikoff. 1996. Risk Sharing Between and Within Families. Econometrica 64(2): 261-94. Helleiner, G. 2000. Towards Balance in Aid Relationships: Donor Performance Monitoring in Low-Income Countries. Cooperation South Journal 2: 21-35. Hiebert, M. 2003. More Aid, but New Strings. Far Eastern Economic Review 166(7): 12- 14. Itano, N. 2003. Challenge for Nations Seeking Aid. The Christian Science Monitor. 22. januar. IDB. 2001. Remittances as a Development Tool: A Regional Conference. Proceedings, of the Inter-American Development Bank, May 17-18, Washington, D.C. Lal, D. 1983. The Poverty of Development Economics. Hobert Paperback 16. London: Institute of Economic Affairs. Llavador, H.G. og J.E. Roemer. 2001. An Equal-opportunity Approach to the Allocation of International Aid. Journal of Development Economics 64(1): 147-71. Mace, B.J. 1991. Full Insurance in the Presence of Aggregate Uncertainty, Journal of Political Economy 99(5): 928-56. Meier, G.M. og J.E. Rauch. 2000. Leading Issues in Development. Syvende udgave. New York: Oxford University Press. Mosley, P. 1987. Overseas Aid: Its Defence and Reform. Brighton: Wheatsheaf Books. Mosley, P., J. Harrigan og J. Toye. 1991. Aid and Power. London: Routledge. Nair-Reichert, N. og D. Weinhold. 2001. Causality Tests for Cross-Country Panels: A New Look at FDI and Economic Growth in Developing Countries. Oxford Bulletin of Economic and Statistics 63(2): 153-71. OECD. 2002. International Development Statistics 2002. Paris: OECD. Paldam, M. 1997. Dansk U-Landshjælp – Altruismens Politiske Økonomi. Aarhus: Aarhus Universitetsforlag. Prescott, E.C. og N. Wallace, red. 1987. Contractual Arrangements for Intertemporal Trade. Minneapolis: University of Minnesota Press. Ravallion, M. 2001. Growth, Inequality and Poverty: Looking Beyond Averages. World Development 29(11): 1803-15. Rogerson, W.P. 1985. Repeated Moral Hazard. Econometrica 53(1): 69-76. Roland-Holst, D. og F. Tarp. 2002. New Perspectives on Aid Effectiveness. Annual Bank Conference on Development Economics (ADCDE), 24-26 juni, Oslo, Norge. Rosenzweig, M. R. 1988, Risk, Implicit Contracts and the Family in Rural Areas of Low-Income Countries. Economic Journal 98(393): 1148-70. Rosenzweig, M.R. og H.P. Binswanger. 1993. Wealth, Weather Risk and the Composition and Profitability of Agricultural Investments. Economic Journal 103(416): 56-78. Sahn, D., P. Dorosh og S. Younger. 1996. Exchange Rate, Fiscal and Agricultural Policies in Africa: Does Adjustment Hurt the Poor? World Development 24(4): 719- 47. Solow, R. 2001. Applying Growth Theory Across Countries. World Bank Economic Review 15(2): 283-88. Spear, S.E. og S. Srivastava. 1987. On Repeated Moral Hazard with Discounting. Review of Economic Studies 54(4): 599- 18. Stiglitz, J.E. 1974. Incentives and Risk Sharing in Sharecropping. Review of Economic Studies 41(2): 219-55. Stiglitz, J.E. og A. Weiss 1981. Credit Rationing in Markets with Imperfect Information. American Economic Review 71(3): 393-410 Tarp, F., red. 2000. Foreign Aid and Development: Lessons Learnt and Directions for the Future. London and New York: Routledge Thomas, J. og T. Worrall. 1990. Income Fluctuation and Asymmetric Information: An Example of a Repeated Principal-Agent Problem. Journal of Economic Theory 51(2): 367-90. Udry, C. 1990. Credit Markets in Northern Nigeria: Credit as Insurance in a Rural Economy. The World Bank Economic Review 4(3): 251-69. UNCTAD. 1999. World Investment Report: Foreign Direct Investment and the Challenge of Development – Overview. New York and Geneva: United Nations. UNCTAD. 2002. World Investment Report 1991 – 2001. New York and Geneva: United Nations. Williamson, J. 2000. What Should the World Bank Think about the Washington Consensus. The World Bank Research Observer 15(2): 251-64. World Bank. 1998. Assessing Aid: What Works, What Doesn’t and Why. New York: Oxford University Press. World Bank. 2001. World Development Indicators 2001 CD-Rom. Washington, D.C.: World Bank. World Bank. 2002. A Case for Aid: Building a Consensus for Development Assistance. Washington, D.C.: World Bank. World Bank. Forskellige år. Global Development Network Database, available at www.worldbank.org/research/growth/ Zhang, K.H. 2001. Does Foreign Direct Investment Promote Economic Growth? Evidence from East Asia and Latin America. Contemporary Economic Policy 19(2): 175-85. |
URI: | https://mpra.ub.uni-muenchen.de/id/eprint/64172 |