New Perspectives on Foreign Aid and Economic Development.

Intro -- New Perspectives on Foreign Aid and Economic Development -- Contents -- Illustrations -- TABLES -- FIGURES -- EXHIBITS -- Preface -- Introduction -- NOTES -- Part I Allocation of International Aid -- 1 Modeling Intertemporal Aid Allocation to Papua New Guinea -- INTRODUCTION -- MODELING INTERTEMPORAL AID ALLOCATION -- ESTIMATION PROCEDURE AND DATA -- Estimation Procedure -- Data -- RESULTS AND INTERPRETATIONS -- CONCLUSION -- NOTES -- REFERENCES -- 2 Multilateral Aid Coordination by the International Financial Institutions -- INTRODUCTION -- LITERATURE REVIEW -- Canadian Aid Literature -- Empirical Aid Allocation Literature -- Multilateral Determinants -- EVALUATING DONOR COORDINATION -- Simple Correlation Analysis -- Regression Analysis -- Non-Canadian ODA Estimations -- Canadian ODA Estimations -- CONCLUSIONS -- ACKNOWLEDGMENTS -- NOTES -- REFERENCES -- APPENDIX DATA DEFINITIONS AND SOURCES -- 3 Aid Principles and Policy -- INTRODUCTION -- METHODOLOGY -- A Model without Sample Selection -- Model with Sample Selection -- An Index of Donor Performance -- EMPIRICAL APPLICATION -- Developmental, Commercial and Political Indicators -- Data -- Results -- Performance Based on Developmental Criteria Alone -- Interpretation and Implication of Results -- CONCLUSION -- ACKNOWLEDGMENTS -- NOTES -- REFERENCES -- APPENDIX DEVELOPING COUNTRY SAMPLE AND OBSERVED AND OPTIMAL ODA ALLOCATIONS BY FRANCE, JAPAN, THE UNITED KINGDOM, AND THE UNITED STATES -- 4 Interventions, Accountability, and Aid -- INTRODUCTION -- UNDERSTANDING THE DILEMMA: NGOS, INCENTIVES, AND ACCOUNTABILITY -- INTERVENTION, CONSERVATION, AND WFT -- CAUSE OR CATALYST? -- PRIORITIES, POLITICS, AND ACCOUNTABILITY -- CONCLUSIONS -- ACKNOWLEDGMENTS -- NOTES -- REFERENCES -- 5 Foreign Aid and Donor Export Performance -- INTRODUCTION.

THE CUMULATIVE PRIMARY AND SECONDARY EFFECTS OF AID ON DONORS' EXPORTS -- ESTIMATION OF EXPORT ELASTICITIES -- The Model and Its Philosophy -- Data -- Estimation Results -- Pooled Estimates -- Individual Country Estimates -- CONCLUSIONS -- NOTES -- REFERENCES -- 6 Coordinated and Uncoordinated Foreign Aid -- INTRODUCTION -- THE BASIC FRAMEWORK -- THE CASE OF SMALL OPEN ECONOMIES -- INTRODUCING TERMS-OF-TRADE EFFECTS -- CONCLUSIONS -- ACKNOWLEDGMENTS -- NOTES -- REFERENCES -- Part II Impact of Aid on Development -- 7 Empirical Evidence of the Relationship between Foreign Aid and Economic Growth -- INTRODUCTION -- ECONOMIC PERFORMANCE AND FOREIGN AID FLOWS TO THE SOLOMON ISLANDS: A BRIEF OVERVIEW -- FOREIGN AID-GROWTH RELATIONSHIP: AN OVERVIEW -- EMPIRICAL ANALYSIS: MODELS AND METHODOLOGY -- EMPIRICAL RESULTS FOR THE SOLOMON ISLANDS AID-GROWTH NEXUS -- CONCLUSION -- NOTES -- REFERENCES -- 8 Is Democracy a Component of Donors' Foreign Aid Policies? -- INTRODUCTION -- HSIAO'S VERSION OF GRANGER CAUSALITY -- DATA AND VARIOUS SAMPLES -- RESULTS FROM THE CAUSALITY TEST -- AN ERROR-CORRECTION CAUSAL STRUCTURE AND RESULTS FOR INDIVIDUAL COUNTRIES -- Stationarity Tests -- Cointegration and Error-Correction -- Estimation Results with Error-Correction -- CONCLUSION -- NOTES -- REFERENCES -- APPENDIX THE FREEDOM HOUSE DEMOCRACY INDEX -- A.1 POLITICAL RIGHTS CHECKLIST -- A.2 EXPLANATION OF THE POLITICAL RIGHTS RATINGS -- 9 Policy Implications for Aid Allocations of Recent Research on Aid Effectiveness and Selectivity -- INTRODUCTION -- AID EFFECTIVENESS AND ASSESSING AID -- The Impact of Aid on Growth and Poverty Reduction -- The Impact of Aid on Policy and the Fungibility of Foreign Aid -- COLLIER/DOLLAR POVERTY-EFFICIENT AID ALLOCATIONS -- The Collier/Dollar Models Described -- Step 1: Estimate the Impact of Aid on Growth.

Step 2: Estimate the Impact of Growth on Poverty Reduction -- Step 3: Optimize Aid Allocations between Countries so as to Maximize the Number of People Lifted Out of Poverty -- Results of the Collier/Dollar Models -- Econometric Results -- Allocation Results -- Implications-The Benefits of Poverty-Efficient Reallocation -- Some More Recent Collier/Dollar Analysis -- COMPARING ACTUAL AID ALLOCATIONS WITH COLLIER/DOLLAR'S ALLOCATIONS -- Global Aid Allocations (1996) Compared with CD2 -- Trends in Aid Allocations in the 1990s: A Comparison with Collier/Dollar -- A MORE CRITICAL ASSESSMENT OF BURNSIDE/DOLLAR AND COLLIER/DOLLAR -- Econometric Issues and Model Specification -- Weaknesses of Cross-Country Regression Analysis -- Selective Use and Interpretation of Policy Variables -- Model Sensitivity to Respecification: The Case of Burnside/Dollar -- External Shocks and Aid Instability -- Wider Literature Highlights Positive Impact of Aid -- Model Sensitivity and Data Anomalies: The Case of Collier/Dollar -- Summary -- Importance of Poverty -- Fungibility, Conditionality, and Implications for Selectivity -- Is Aid Really Fungible? -- Is Policy Conditionality Really Ineffective? -- Implications For and Merits of Selectivity -- Other Routes to Poverty Reduction and Other Benefits of Aid -- Growth Is Not the Only Route to Poverty Reduction -- Growth Is Not the Only Benefit of Aid -- National or Global Poverty Reduction? -- Other Issues -- CONCLUSIONS AND POLICY IMPLICATIONS -- Reform Aid Allocation Processes -- Reallocate Aid to Poor Countries -- Reallocate-Somewhat-to Good Performers -- More Flexible Aid Delivery Systems -- Lobby for More Aid -- ACKNOWLEDGMENTS -- NOTES -- REFERENCES -- APPENDIX RESULTS AND ANALYSIS OF THE COLLIER/DOLLAR POVERTY-EFFICIENT AID ALLOCATION MODELS.

10 Foreign Aid, Wage Inequality, and Skill Formation in a North-South Product-Cycle Model -- INTRODUCTION -- HECKSCHER-OHLIN-SAMUELSON PRODUCTION AND DISTRIBUTION -- THE ENDOGENOUS SKILL DECISION -- LEARNING-BASED RICARDIAN TRADE IN HIGH-TECH GOODS -- THE DERIVED DEMAND FOR HIGH-TECH INTERMEDIATES -- EQUILIBRIUM IN THE MARKETS FOR HIGH-TECH INTERMEDIATES -- LONG-RUN EQUILIBRIUM AND THE DYNAMICS OF EXPERIENCE -- PURE UNILATERAL TRANSFERS -- FOREIGN AID THAT PROMOTES TECHNOLOGY TRANSFER -- CONCLUSION -- NOTES -- REFERENCES -- Index -- About the Contributors.

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Electronic reproduction. Ann Arbor, Michigan : ProQuest Ebook Central, 2024. Available via World Wide Web. Access may be limited to ProQuest Ebook Central affiliated libraries.