Abstract
Foreign aid is a much explored topic in both the economics and political science literature. While extensive studies have helped us understand the role of foreign aid and the impact that it might have, ambiguous conclusions remain. This edited volume is an attempt to pull together the relatively recent established findings related to foreign aid. It not only summarizes the conclusions in the literature about aid’s impact on specific development outcomes but also highlights the role of politics in aid allocation as well as the role of private aid in affecting development outcomes. A distinguishing feature is that it deepens the reader’s understanding of the impact of foreign aid on development outcomes based on the latest findings in the research literature over the past decade.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
References
Bauer, Peter T. 2000. From Subsistence to Exchange and Other Essays. Princeton: Princeton University Press.
Boockmann, Bernhard and Axel Dreher. 2003. The contribution of the IMF and the World Bank to economic freedom. European Journal of Political Economy, 19 (3): 633–649.
Bräutigam, Deborah A., and Stephen Knack. 2004. Foreign Aid, Institutions and Governance in Sub-Saharan Africa, Economic Development and Cultural Change. 52: 255–285.
Bruce Bueno de Mesquita, and Alastair Smith. 2010. Leader Survival, Revolutions and the Nature of Government Finance, American Journal of Political Science. 54: 936–950.
Burnside, Craig, and David Dollar. 2000. Aid, policies and growth. American Economic Review, 90(4): 847–869.
Djankov, Simeon, Jose G. Montalvo, and Marta Reynal-Querol. 2008. The curse of aid. Journal of Economic Growth 13, 169–194.
Dreher, Axel and Nathan M. Jensen. 2013. “Country or Leader? Political Change and UN General Assembly Voting.” European Journal of Political Economy 29 (3): 183–196.
Dreher, Axel., and Sarah M. Rupprecht. 2007. IMF programs and reforms – inhibition or encouragement? Economics Letters 95 (3): 320–326.
Dunning, Thad. 2004. Conditioning the Effects of Aid: Cold War Politics, Donor Credibility, and Democracy in Africa, International Organization, 58: 409–423.
Easterly, W. 2007a. Are aid agencies improving? Economic Policy, 22(52): 633–678.
Easterly, W. 2007b. Was development assistance a mistake? American Economic Review Papers and Proceedings, 97(2): 328–332.
Easterly, W., R. Levine, and D. Roodman. 2004. New Data, New Doubts: A Comment on Burnside and Dollar’s ‘Aid, Policies, and Growth’ (2000), American Economic Review, 94(3): 774–80.
Goldsmith, Arthur A. 2001. Foreign Aid and Statehood in Africa, International Organization 55: 123–148.
Heckelman, Jac C., and Stephen Knack. 2008. Foreign aid and market-liberalizing reform. Economica, 75: 524–548.
Jones, Benjamin F. and Benjamin A. Olken. 2009. Hit or miss? The effect of assassinations on institutions and war. American Economic Journal: Macroeconomics 1: 55–87.
Jones, Benjamin F. and Benjamin A. Olken. 2005, Do leaders matter? National leadership and growth since World War II. Quarterly Journal of Economics 120: 835–864.
Knack, Stephen. 2001. Aid dependence and the quality of governance: cross-country empirical tests. Southern Economic Journal, 68 (2), 310–329.
Knedlik, Tobias, and Franz Kronthaler. 2007. Aid and economic freedom: an empirical investigation using the heritage index. Journal of Development Perspectives 3 (1): 116–135.
McGillivray, F., and A. Smith. 2004. The impact of leadership turnover on trading relations between states, International Organization, 58: 567–600.
Potrafke, Niklas. 2009. Does government ideology influence political alignment with the US? An empirical analysis of voting in the UN General Assembly. Review of International Organizations 4: 245–268.
Rajan, Raghuram, and Arvind Subramanian. 2008. Aid and growth. Review of Economics and Statistics, 90 (4): 643–665.
Rajan, Raghuram, and Arvind Subramanian. 2007. Does aid affect governance? American Economic Review, 97(2): 322–327.
Sachs, Jeffrey D. 2005a. The end of poverty: Economic possibilities of our time. New York: Penguin.
Sachs, Jeffrey D. 2005b. Investing in development: A practical plan to achieve the millennium development goals (UN Millennium Project). London: Earthscan.
Sachs, J.D., J.W. McArthur, G. Schimdt-Traub, M. Kruk, C. Bahadur, M. Faye and G. McCord. 2004. Ending Africa’s poverty trap. Brookings Papers on Economic Activity, 1: 117–240 (Washington: The Brookings Institution).
Smith, Alastair. 2008. The Perils of Unearned Income, Journal of Politics, 70: 780–793.
Tingley, D. 2010. Donors and domestic politics: Political influences on foreign aid effort. The Quarterly Review of Economics and Finance, 50(1): 40–49.
Young, Andrew T. and Kathleen M. Sheehan. 2014. Foreign aid, institutional quality, and growth. European Journal of Political Economy, 36: 195–208.
Author information
Authors and Affiliations
Corresponding author
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2019 The Author(s)
About this chapter
Cite this chapter
Dutta, N., Williamson, C.R. (2019). Introduction. In: Dutta, N., Williamson, C.R. (eds) Lessons on Foreign Aid and Economic Development. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-030-22121-8_1
Download citation
DOI: https://doi.org/10.1007/978-3-030-22121-8_1
Published:
Publisher Name: Palgrave Macmillan, Cham
Print ISBN: 978-3-030-22120-1
Online ISBN: 978-3-030-22121-8
eBook Packages: Economics and FinanceEconomics and Finance (R0)