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There are significant differences of opinion about the merits of additional aid in meeting the MDGs, including whether and how aid should be given in ‘fragile states’, whether additional aid on the scale envisioned can be effectively used even in well-managed economies, and whether the aid...
Persistent link: https://www.econbiz.de/10005162643
Donor countries have committed themselves to increase aid to developing countries by 60 percent over the next five years; and larger increases would be needed to meet the Millennium Development Goals (MDGs). But there are concerns that there may be a limit on the amount of aid that developing...
Persistent link: https://www.econbiz.de/10005162663
It is sometimes claimed that an increase in aid might cause Dutch Disease—that is, an appreciation of the real exchange rate which can slow the growth of a country’s exports— and that aid increases might thereby harm a country’s long-term growth prospects. This essay argues that it is...
Persistent link: https://www.econbiz.de/10005162670
The establishment of the UK Department for International Development in 1997, and the evolution of the UK’s foreign aid policies, has provoked international interest as a possible model for other countries to follow. The UK now combines in a single government department not only the delivery...
Persistent link: https://www.econbiz.de/10005509575
Why are millions dying of neglected diseases without vaccines, and is there a way to cheaply change that? Owen Barder, Michael Kremer and Heidi Williams advocate a proposal--Advance Market Commitments--that the G8 finance ministers plan to pilot in 2006.
Persistent link: https://www.econbiz.de/10005459231
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There is a healthy debate about how to achieve poverty reduction in developing countries, but not enough discussion of what we mean by “poverty reduction.” “Poverty reduction” is often used as a short-hand for promoting economic growth that will permanently lift as many people as...
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