FOREIGN AID AND DEVELOPMENT: LOOKING BEYOND THE GROWTH EFFECT
1
조회
0
다운로드
2
인용
0
참고문헌
키워드
초록
On the question of whether aid stimulates GDP growth, the profession provides inconclusive and often contradictory findings. While waiting for a stronger consensus, this paper analyzes the direct effect of aid on other non-monetary dimensions of development. I construct an index of social and human development similar to the UNDP’s human development index but which differs from it by excluding per capita GDP. Using both non-parametric and parametric methods, I find a negative relationship between aid and social development. After controlling for per capita income, the econometric analysis suggests that higher dependence on foreign aid worsens social and human development.
Abstract
On the question of whether aid stimulates GDP growth, the profession provides inconclusive and often contradictory findings. While waiting for a stronger consensus, this paper analyzes the direct effect of aid on other non-monetary dimensions of development. I construct an index of social and human development similar to the UNDP’s human development index but which differs from it by excluding per capita GDP. Using both non-parametric and parametric methods, I find a negative relationship between aid and social development. After controlling for per capita income, the econometric analysis suggests that higher dependence on foreign aid worsens social and human development.
참고문헌 (30)
- Addison, T., "Aid, Debt Relief and New Sources of Finance for Meeting the Millennium Development Goals", Journal of International Affairs, 58, pp.113~127 (2005)
- The Roles of Foreign Aid and Education in the War on Terror, "Azam, J. -P.", ARQADE, ~ (2007)
- Barro, R., "International Data on Educational Attainment: Updates and Implications", Oxford Economic Papers, 53, pp.541~563 (2001)
- Boone, P., "Politics and the Effectiveness of Foreign Aid", European Economic Review, 40(2), pp.289~330 (1996)
- Burnside, C., "Aid, Policies and Growth", The American Economic Review, 90(4), pp.847~868 (2000)
- Carmignani, F., "The Social Development Effects of Primary Commodity Export Dependence", Ecological Economics, 70(2), pp.317~330 (2010)
- Cassen, R., "Does Aid Work?" (1994), Oxford University Press
- Measuring Aid Flows, "Chang, C.", World Bank, ~ (1998)
- Cleveland, W. S., "The Elements of Graphing Data" (1994), Hobart Press
- Aid, Shocks, and Growth, "Collier, P.", World Bank, ~, pp.Working Paper, 2688 (2001)
- Collier, P., "Aid Allocation and Poverty Reduction", European Economic Review, 45 (2002)
- Collier, P., "Aid, Policy and Growth in Post-Conflict Societies", European Economic Review, 48 (2004)
- Dalgaard, C. -J., "On Aid, Growth and Good Policies", Journal of Development Studies, 37 (2001)
- Davidson, R., "Some Non-Nested Hypothesis Tests and the Relations among Them", Review of Economic Studies, 49, pp.551~565 (1982)
- Easterly, W., "Can Foreign Aid Buy Growth?", The Journal of Economic Perspectives, 17(3), pp.23~48 (2003)
- Aid, Pro-poor Government Expenditure and Welfare, "Gomanee, K.", CREDIT, ~ (2002)
- A New Framework for Development Cooperation, "Griffin, K.", UNDP, ~ (1994)
- Hansen, H., "Aid and Growth Regressions", Journal of Development Economics, 64 (2001)
- Imbs, J., "Stages of Diversification", The American Economic Review, 93, pp.63~86 (2003)
- Kosack, S., "Effective Aid: How Democracy Allows Development Aid to Improve the Quality of Life", World Development, 31(1) (2003)
- Maren, M., "The Road to Hell: The Ravaging Effect of Foreign Aid and International Charity" (1997), Free Press
- Does Foreign Aid Reduce Poverty? Empirical Evidence from Nongovernmental and Bilateral Aid, "Masud, N.", IMF, ~, pp.Working Paper, 05 (2005), 100
- McGillivray, M., "Aid and Public Sector Behaviour in Developing Countries", Review of Development Economics, 4, pp.156~163 (2000)
- McGillivray, M., "Aid, Adjustment and the Public Sector in the Philippines", Journal of the Asia-Pacific Economy, 4(2), pp.381~391 (1999)
- Morduch, J., "Poverty and Vulnerability", The American Economic Review, 84(2), pp.221~225 (1994)
- Roodman, D., "The Anarchy of Numbers: Aid, Development, and Cross-country Empirics" (2004), Center for Global Development
- Swaroop, V., "Fiscal Effects of Foreign Aid in a Federal System of Governance: The Case of India", Journal of Public Economics, 77, pp.307~330 (2000)
- Human Development Report 1990: Concept and Measurement of Human Development, "UNDP", Oxford University Press, ~ (1990)
- World Development Report, "World Bank", The World Bank, ~ (2009)
- World Development Report, "World Bank", The World Bank, ~ (2012)