Development assistance and development finance: Evidence and global policy agendas
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Development assistance and development finance : Evidence and global policy agendas. / Addison, Anthony John; Mavrotas, George; McGillivray, Mark.
In: Journal of International Development, Vol. 17, No. 6, 2005, p. 819-836.Research output: Contribution to journal › Journal article › Research › peer-review
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TY - JOUR
T1 - Development assistance and development finance
T2 - Evidence and global policy agendas
AU - Addison, Anthony John
AU - Mavrotas, George
AU - McGillivray, Mark
PY - 2005
Y1 - 2005
N2 - Understanding the development effects of official aid is crucial to building a better bridge between research and policy. This paper reviews the current evidence regarding the impact of aid on growth and poverty reduction, and develops a new narrative. In the light of this narrative, the paper then examines aid trends, focusing on the regions of sub-Saharan Africa and the Pacific. The paper then turns to recent discussion of new and innovative sources of development finance and considers how research has influenced the policy debate through a recent World Institute for Development Economics Research (UNU–WIDER) study for the United Nations (UN) General Assembly. The paper concludes that aid broadly works, that poverty would be higher in the absence of aid, and that the shortfall in aid during the 1990s has, by implication, made it more difficult to meet the Millennium Development Goals (MDGs). Hence, a considerable catch-up in aid and other development finance flows is now necessary if poverty is to be substantially reduced by 2015.
AB - Understanding the development effects of official aid is crucial to building a better bridge between research and policy. This paper reviews the current evidence regarding the impact of aid on growth and poverty reduction, and develops a new narrative. In the light of this narrative, the paper then examines aid trends, focusing on the regions of sub-Saharan Africa and the Pacific. The paper then turns to recent discussion of new and innovative sources of development finance and considers how research has influenced the policy debate through a recent World Institute for Development Economics Research (UNU–WIDER) study for the United Nations (UN) General Assembly. The paper concludes that aid broadly works, that poverty would be higher in the absence of aid, and that the shortfall in aid during the 1990s has, by implication, made it more difficult to meet the Millennium Development Goals (MDGs). Hence, a considerable catch-up in aid and other development finance flows is now necessary if poverty is to be substantially reduced by 2015.
U2 - 10.1002/jid.1243
DO - 10.1002/jid.1243
M3 - Journal article
VL - 17
SP - 819
EP - 836
JO - Journal of International Development
JF - Journal of International Development
SN - 0954-1748
IS - 6
ER -
ID: 335692993