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Foreign Aid in the Twenty-First Century

Even after half a century of work and much criticism, the driving importance of foreign aid shows no sign of abating. Widespread and acute poverty still ravages many countries of the world, and the understanding of how aid affects the economies of the recipient countries is still far from perfect. T...

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Bibliographic Details
Main Authors: Akhand, Hafiz A., Gupta, K. L. (Author)
Format: eBook
Language:English
Published: New York, NY Springer US 2002, 2002
Edition:1st ed. 2002
Series:Recent Economic Thought
Subjects:
Economic Policy
Economics / History
Economic Development
Social Sciences
Society
Economic Growth
History Of Economic Thought And Methodology
International Economics
International Economic Relations
Online Access:
Collection: Springer Book Archives -2004 - Collection details see MPG.ReNa
Table of Contents:
  • 1. Introduction
  • 2. Foreign Aid in the Twenty-First Century
  • 3. Aid Allocation and Donor Motives
  • 1 On the determinants of aid
  • 2 Brief review of empirical literature
  • 3 Methodology
  • 4 Data
  • 5 Results: an overview
  • 6 Sensitivity analysis
  • 7 Conclusion
  • 4. Aid, Policy and Growth: A Sensitivity Analysis
  • 1 A selective literature review
  • 2 Methodology
  • 3 Data
  • 4 Results: an overview
  • 5 Sensitivity analysis
  • 6 Conclusion
  • 5. Aid, Policies and Growth: Implications of Simultaneity
  • 1 Simultaneous equations model of aid, policies and growth
  • 2 The reduced form multipliers
  • 6. Estimation Results
  • 1 Introduction
  • 2 Empirical structural form model
  • 3 Empirical restricted reduced form model
  • 4 Stability analysis
  • 5 Estimation procedure
  • 6 Structural form estimates
  • 7 Reduced form estimates
  • 8 Conclusion
  • 7. Effects of Exogenous Shocks: One-Period Analysis
  • 1 The impact multipliers
  • 2 Growth
  • 3 Investment
  • 4 Life expectancy
  • 5 Infant mortality rate
  • 6 Output per capita
  • 7 Consumption
  • 8. Implications of Aid and Policy Regime Shifts: Some Simulation Results
  • 1 The simulation strategy
  • 2 Growth rate
  • 3 Consumption and investment behaviour
  • 4 Output per capita
  • 9. Summing Up and Lessons
  • Appendices
  • Data appendix I
  • Data appendix II
  • Simulation results on life expectancy
  • Simulation results on infant mortality
  • References

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