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http://dspace.mediu.edu.my:8181/xmlui/handle/10419/2785| Title: | Halving poverty by doubling aid : how well founded is the optimism of the World Bank? |
| Keywords: | O4 O2 ddc:330 development aid economic growth poverty reduction aid effectiveness policy orientation ‘Dutch Disease’ effects of aid Entwicklungshilfe Anpassungsprogramm des IWF Armutspolitik Wirtschaftspolitische Wirkungsanalyse Dutch Disease Entwicklungsländer |
| Issue Date: | 16-Oct-2013 |
| Publisher: | Kiel Institute for the World Economy (IfW) Kiel |
| Description: | 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. |
| URI: | http://koha.mediu.edu.my:8181/xmlui/handle/10419/2785 |
| Other Identifiers: | http://hdl.handle.net/10419/2785 ppn:351269932 ppn:351269932 |
| Appears in Collections: | EconStor |
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