본문 바로가기
KERD
논문KCI 등재

Should We Provide More Economic Aid to Recipient Countries in Crisis? - Focusing on the Effectiveness of Financial Aid -

이은미
(사)위기관리이론과실천 (Crisis and Emergency Management: Theory and Praxis)|2022.09|Crisisonomy|제18권 제9호|pp. 139-148|DOI https://doi.org/10.14251/crisisonomy.2022.18.9.139

0

조회

0

다운로드

1

인용

0

참고문헌

키워드

political stabilitybilateral aidHuman Development Index(HDI)panel data model

초록

This study analyzed the impact of bilateral aid among official development aid on recipient countries. The significance is that the effect of aid was investigated in a complex manner by dividing the perspective of economic growth measured by Gross National Income (GNI) per capita and quality of life measured by the Human Development Index(HDI). In addition, limited empirical analysis by continent or country in previous studies was expanded to cover all recipient countries. Official Development Assistance (ODA) data from 2005 to 2019 were collected. A data sample of bilateral aid from 60 countries was constructed from the official development aid data from 88 recipient countries. According to the Fixed-Effect (FE) and Random-Effect (RE) model estimation coefficient, the donor’s continued support was a statistically significant variable. This study concluded that the donor country’s continuous aid is important, but the recipient country’s political and administrative capabilities are also important factors in improving people’s economic quality of life.

Abstract

This study analyzed the impact of bilateral aid among official development aid on recipient countries. The significance is that the effect of aid was investigated in a complex manner by dividing the perspective of economic growth measured by Gross National Income (GNI) per capita and quality of life measured by the Human Development Index(HDI). In addition, limited empirical analysis by continent or country in previous studies was expanded to cover all recipient countries. Official Development Assistance (ODA) data from 2005 to 2019 were collected. A data sample of bilateral aid from 60 countries was constructed from the official development aid data from 88 recipient countries. According to the Fixed-Effect (FE) and Random-Effect (RE) model estimation coefficient, the donor’s continued support was a statistically significant variable. This study concluded that the donor country’s continuous aid is important, but the recipient country’s political and administrative capabilities are also important factors in improving people’s economic quality of life.

참고문헌 (38)

  1. Hyeonmi Ahn, "Donor Country’s Fiscal Status and ODA Decisions before and after 2008 Global Financial Crisis", 산경연구논집, 9(1), pp.25~38 (2018), 한국유통과학회
  2. Alfaro, L., "FDI and Economic Growth : The Role of Local Financial Markets", Journal of International Economics, 64(1), pp.89~112 (2004)
  3. Ang, J. B, "Does Foreign Aid Promote Growth? Exploring the Role of Financial Liberalization", Review of Development Economics, 14(2), pp.197~212 (2010)
  4. Arestis, P., "Financial Development and Economic Growth : Assessing the Evidence", The Economic Journal, 107(442), pp.783~799 (1997)
  5. 백승관, "ASEAN+3의 금융 및 경제협력과 제도의 질: 평가와 전망", 국제금융연구, 5(2), pp.5~43 (2015), 한국국제금융학회[DOI]
  6. Bourguignon, F., "Aid Effectiveness? Opening the Black Box", American Economic Review, 97(2), pp.316~321 (2007)
  7. Burnside, C., "Aid, Policies, and Growth", American Economic Review, 90(4), pp.847~868 (2000)
  8. Calder, C., "The Direction of Causality between Financial Development and Economic Growth", Journal of Development Economics, 72(1), pp.321~334 (2003)
  9. Chenery, H. B., "Foreign Assistance and Economic Development", The American Economic Review, 56(4), pp.679~733 (1966)
  10. 최공필, "AIIB를 활용한 역내 개방 플랫폼 구축 전략", 국제금융연구, 6(2), pp.5~24 (2016), 한국국제금융학회[DOI]
  11. 정태영, "우리나라 공적개발원조(ODA)의 효과성에 관한 연구", 국제경영리뷰, 20(4), pp.211~229 (2016), 한국국제경영관리학회
  12. Dalgaard, C. J., "On the Empirics of Foreign Aid and Growth", The Economic Journal, 114(496), pp.191~216 (2004)
  13. Dang, H. A., "International Aid and Financial Crises in Donor Countries", European Journal of Political Economy, 32, pp.232~250 (2013)
  14. Easterly, W, "Can Foreign Aid Buy Growth?", Journal of Economic Perspectives, 17(3), pp.23~48 (2003)
  15. 엄영호, "한국 ODA의 구속성 여부에 관한 경험적 분석", 행정논총, 52(1), pp.123~144 (2014), 한국행정연구소
  16. Ferrarini, B., "Chinese Corporate Leverage Determinants", Journal of Asian Finance Economics and Business, 4(1), pp.5~18 (2017)
  17. "Aid and the Financial Crisis: Shall We Expect Development Aid to Fall?" (2009)[URL]
  18. Hansen, H., "Aid Effectiveness Disputed", Journal of International Development, 12(3), pp.375~398 (2000)
  19. 황재희, "공적개발원조(ODA)의 원조효과성과 한국 ODA에 대한 시사점", 한국지역개발학회지, 28(5), pp.177~198 (2016), 한국지역개발학회
  20. 강윤호, "한국 ODA(공적개발원조) 제도의 문제점과 개선방안", 한국행정논집, 26(3), pp.601~628 (2014), 한국정부학회
  21. 구정우, "세계사회와 공적재발원조: 한국 ODA 결정요인 분석, 1989-2007", 한국사회학, 45(1), pp.153~190 (2011), 한국사회학회
  22. Kosack, S, "Effective Aid: How Democracy Allows Development Aid to Improve the Quality of Life", World Development, 31(1), pp.1~22 (2003)
  23. 이천우, "국제 공적개발원조의 신조류와 한국의 ODA정책", 산업경제연구, 24(2), pp.777~808 (2011), 한국산업경제학회
  24. Lee, Eunmi, "Searching for the Various Effects of Subprograms in Official Development Assistance on Human Development Across 15 Asian Countries: Panel Regression and Fuzzy Set Approaches", Sustainability, 11(4), pp.1152~ (2019)
  25. 이미혜, "Do Firm and Bank Level Characteristics Matter for Lending to Firms during the Financial Crisis?", 산경연구논집, 9(5), pp.37~46 (2018), 한국유통과학회
  26. Levine, R, "Financial Development and Economic Growth:Views and Agenda", Journal of Economic Literature, 35(2), pp.688~726 (1997)
  27. Levine, R, "Bank-based or Market-based Financial Systems:Which Is Better?", Journal of Financial Intermediation, 11(4), pp.398~428 (2002)
  28. Maizels, A., "Motivations for Aid to Developing Countries", World Development, 12(9), pp.879~900 (1984)
  29. Milner, H. V, "Delegation and Agency in International Organizations", pp.107~ (2004), Delegation and Agency in International Organizations
  30. Min, In Sik, "STATA Panel Data Analysis" (2009), The Korean Association of Stata
  31. Minoiu, C., "Development Aid and Economic Growth : A Positive Long-run Relation", The Quarterly Review of Economics and Finance, 50(1), pp.27~39 (2010)
  32. Health Aid and Infant Mortality, "Mishra, P.", International Monetary Fund, ~, pp.No.2007-2100 (2007)
  33. Neumayer, E, "The Determinants of Aid Allocation by Regional Multilateral Development Banks and United Nations Agencies", International Studies Quarterly, 47(1), pp.101~122 (2003)
  34. Neumayer, E, "Is Respect for Human Rights Rewarded? An Analysis of Total Bilateral and Multilateral Aid Flows", Human Rights Quarterly, 25(2), pp.510~527 (2003)
  35. Ram, R, "Roles of Bilateral and Multilateral Aid in Economic Growth of Developing Countries", Kyklos, 56(1), pp.95~110 (2003)
  36. "The Export-Import Bank of Korea", ~ (2020)
  37. Williamson, C. R, "Foreign Aid and Human Development:The Impact of Foreign Aid to the Health Sector", Southern Economic Journal, 75(1), pp.188~207 (2008)
  38. Wooldridge, Jeffrey M, "Introductory Econometrics: A Modern Approach" (2013), South-Western, Cengage Learning

관련 논문AI추천

금융시장발전과 공적개발원조의 효과성: 양자간･다자간 원조를 중심으로박단비, Hyeonmi Ahn한국유통과학회 · 산경연구논집2019 · 제10권 제1호Exploratory Test of the Effectiveness of Educational Aid in Official Development Assistance이은미(사)위기관리이론과실천 · Journal of Safety and Crisis Management2022 · 제12권 제9호Donor Country’s Fiscal Status and ODA Decisions before and after 2008 Global Financial Crisis박단비, Hyeonmi Ahn한국유통과학회 · 산경연구논집2018 · 제9권 제1호A Research on the ODA and economic growth: with European countries’ data김연준동유럽발칸연구소 · 동유럽발칸연구2013 · 제37권 공적개발원조(ODA)가 경제성장과 소득불평등에 미치는 영향문명재, 최정인한국아시아학회 · 아시아연구2022 · 제25권 제1호Empirical Analysis of Korea's Official Development Assistance in the Health Sector설진배, 이은미(사)위기관리이론과실천 · Journal of Safety and Crisis Management2022 · 제12권 제11호

이 간행물의 다른 논문 (10건)

위기관리 핵심 수단으로서 상황관리 관계 법률 검토강대훈pp. 1-9코로나 팬데믹 시기에 50세 이상 1인가구와 다인가구의 우울에 영향을 미치는 요인 - 2020 국민건강영양조사 자료 분석 -이미영, 이미경pp. 11-23통계적 분석기법을 통한 하천 정비사업의 효과도 평가이승수, 이태현pp. 25-37산불특수진화대의 효율적 운영에 관한 연구류주열, 김성용, 서경원, 권춘근pp. 39-50응급의료인력의 폭력반응과 자기효능감이 업무만족도에 미치는 영향 - 응급의료기관 및 소방서 인력을 중심으로 -김윤영, 배현지, 방활란, 박금옥, 권동현pp. 51-62
원문 보기