AID IN THE DEVELOPMENT PROCESS

Anne O. Krueger

63 citations0/0 files storedThe World Bank Research Observer

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International Development and Aid Global Financial Crisis and Policies Economic Growth and Productivity

Abstract

This article examines the economic effects of aid and the relationships among private capital flows, official flows, and concessional assistance. It considers whether official and concessional flows improve the welfare of both recipient and grantor, and it outlines the economic rationale for concessional assistance. The impact of aid on a recipient's growth performance is analyzed, and some criticisms of aid are evaluated.

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2015Socio-Economic Development 1987MACROECONOMIC ADJUSTMENT IN DEVELOPING COUNTRIES: A POLICY PERSPECTIVE 1989Why Foreign Economic Assistance?2008Economic transformation in theory and practice: What are the messages for Africa?1992The Impact of Foreign Assistance on Agricultural Growth 1988Foreign aid for education 2007Ruling Ideas and Social Development in Sub-Saharan Africa: An Assessment of Nationalist, Keynesian and Neoliberal Paradigms 1986Introduction: Aid-effectiveness, Prisoners' Dilemmas, and Country Allocations

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