Arbeitspapier
Reinventing foreign aid for inclusive and sustainable development: Kuznets, Piketty and the great policy reversal
This survey essay reviews over 200 papers in arguing that in order to achieve sustainable and inclusive development, foreign aid should not orient developing countries towards industrialisation in the perspective of Kuznets but in the view of Piketty. Abandoning the former's view that inequality will fall with progress in industrialisation and placing more emphasis on inequality in foreign aid policy will lead to more sustainable development outcomes. Inter alia: mitigate short-term poverty; address concerns of burgeoning population growth; train recipient governments on inclusive development; fight corruption and mismanagement and; avoid the shortfalls of celebrated Kuznets' conjectures. We discuss how the essay addresses post-2015 development challenges and provide foreign aid policy instruments with which discussed objectives can be achieved. In summary, the essay provides useful policy measures to avoid past pitfalls. 'Output may be growing, and yet the mass of the people may be becoming poorer' (Lewis, 1955). 'Lewis led all developing countries to water, proverbially speaking, some African countries have so far chosen not to drink' (Amavilah, 2014). Piketty (2014) has led all developing countries to the stream again and a challenging policy syndrome of our time is how foreign aid can help them to drink.
- Sprache
-
Englisch
- Erschienen in
-
Series: AGDI Working Paper ; No. WP/15/008
- Klassifikation
-
Wirtschaft
History of Economic Thought since 1925: General
Foreign Aid
International Relations, National Security, and International Political Economy: General
Economic Development: General
- Thema
-
Foreign aid
Piketty
Kuznets
Development
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Asongu, Simplice A.
- Ereignis
-
Veröffentlichung
- (wer)
-
African Governance and Development Institute (AGDI)
- (wo)
-
Yaoundé
- (wann)
-
2015
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Asongu, Simplice A.
- African Governance and Development Institute (AGDI)
Entstanden
- 2015
Ähnliche Objekte (12)
Reinventing foreign aid for inclusive and sustainable development: a survey
On foreign aid distortions to governance
On the effect of foreign aid on corruption
Institutional benchmarking of foreign aid effectiveness in Africa
Development thresholds of foreign aid effectiveness in Africa
On the effectiveness of foreign aid in institutional quality
On the dynamic effects of foreign aid on corruption
On taxation, political accountability and foreign aid: empirics to a celebrated literature
Taxation, foreign aid and political governance: figures to the facts of a celebrated literature
A brief clarification to the questionable economics of foreign aid for inclusive human development
The Evolving Debate on the Effect of Foreign Aid on Corruption and Institutions in Africa
Trade, Aid and Terror
Reinventing foreign aid for inclusive and sustainable development: a survey
On foreign aid distortions to governance
On the effect of foreign aid on corruption
Institutional benchmarking of foreign aid effectiveness in Africa
Development thresholds of foreign aid effectiveness in Africa
On the effectiveness of foreign aid in institutional quality
On the dynamic effects of foreign aid on corruption
On taxation, political accountability and foreign aid: empirics to a celebrated literature
Taxation, foreign aid and political governance: figures to the facts of a celebrated literature
A brief clarification to the questionable economics of foreign aid for inclusive human development
The Evolving Debate on the Effect of Foreign Aid on Corruption and Institutions in Africa
Trade, Aid and Terror
Reinventing foreign aid for inclusive and sustainable development: a survey
On foreign aid distortions to governance
On the effect of foreign aid on corruption
Institutional benchmarking of foreign aid effectiveness in Africa
Development thresholds of foreign aid effectiveness in Africa
On the effectiveness of foreign aid in institutional quality
On the dynamic effects of foreign aid on corruption
On taxation, political accountability and foreign aid: empirics to a celebrated literature
Taxation, foreign aid and political governance: figures to the facts of a celebrated literature
A brief clarification to the questionable economics of foreign aid for inclusive human development
The Evolving Debate on the Effect of Foreign Aid on Corruption and Institutions in Africa