The Myth of Declining Aid
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The perception is widespread at present that aid — overseas development assistance (ODA) — has been declining for some years. It is further argued that future declines must be expected because of general pressure to reduce public spending and because the public in donor countries is no longer interested.
KeywordsPoverty Reduction Vested Interest Development Cooperation Constant Prex Domestic Saving
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- 2.Bernard Wood, ‘The Expanding Potential of Development Cooperation’, speech presented in Stockholm, January 1994 (mimeo.).Google Scholar