Arbeitspapier
Halving poverty by doubling aid: how well founded is the optimism of the World Bank?
The article criticizes the World Bank as overy optimistic concerning its ability to raise the effectiveness of aid by concentrating aid on countries with "good" policies. It is shown that aid flows to the main recipient regions yielded the highest correlation to growth when their magnitudes shrank. It is argued that more aid can impair the quality of domestic policies in the recipients (endogeneity problem). The paper instead pleads for a shift of aid policies from country-oriented to issue-oriented aid. An international endowment fund under supranational law should help to finance such issues.
- Language
-
Englisch
- Bibliographic citation
-
Series: Kiel Working Paper ; No. 1116
- Classification
-
Wirtschaft
- Subject
-
economic growth
poverty reduction
aid effectiveness
policy orientation
‘Dutch Disease’ effects of aid
development aid
Entwicklungshilfe
Anpassungsprogramm des IWF
Armutspolitik
Wirtschaftspolitische Wirkungsanalyse
Dutch Disease
Entwicklungsländer
- Event
-
Geistige Schöpfung
- (who)
-
Langhammer, Rolf J.
- Event
-
Veröffentlichung
- (who)
-
Kiel Institute for World Economics (IfW)
- (where)
-
Kiel
- (when)
-
2002
- Handle
- Last update
-
10.03.2025, 11:42 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Langhammer, Rolf J.
- Kiel Institute for World Economics (IfW)
Time of origin
- 2002
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