A comparative assessment of the employment consequences of UK and West German aid

Abstract

This paper applies standard input-output methodology to estimate the employment affects of aid flows for the UK and the FRG. The conclusion is at variance with what some other economists have claimed earlier in that it shows that aid flows to developing countries do not generate a lot of jobs at home. Indeed, it is estimated that they generate fewer jobs than alternative uses of money at home, hence this paper contends that the argument of ‘self-interest’ for channelling aid to developing countries does not hold water. It is concluded that overseas development aid as a tool of alleviating domestic problems (unemployment, regional problems etc.) is pretty ineffective and aid allocation priorities should be based on grounds other than those of domestic economic considerations.

Cite this work

No public copy is stored for this record, so only the metadata is cited.

Stored only when both papers are in the corpus — 1 citations exist upstream.

Papers that cite the same references — the relational fallback while embeddings are still backfilling.