Aid and development: Issues and reflections

Michael Tribe

No 1309, Working Papers from University of Strathclyde Business School, Department of Economics

Abstract: The paper has three main sections. The first is a review of two particular propositions which appear in Dambisa Moyo’s 2009 book Dead Aid which were not subjected to rigorous analysis in the reviews which appeared following its publication. The finding is that neither proposition survives serious scrutiny – that aid is responsible for most of sub-Saharan Africa’s economic woes and that the international bond market represents a viable alternative to foreign aid for the finance of development-oriented investment. The second questions some of the characteristics and uses of the World Bank’s Country Policy and Institutional Assessment (CPIA), particularly focussing on the use of an essentially ordinal measure in cardinal applications. The third subjects the UK Department for International Development’s Needs-Effectiveness Index to critical review, concluding that further consideration of its attributes is necessary.

Keywords: developing countries; foreign aid; sub-Saharan Africa; book review (search for similar items in EconPapers)
JEL-codes: F35 O2 O24 O55 Y3 (search for similar items in EconPapers)
Pages: 21 pages
Date: 2013-06
New Economics Papers: this item is included in nep-afr, nep-cwa and nep-dev
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Related works:
Working Paper: Aid and Development: Issues and Reflections (2013)
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Persistent link: https://EconPapers.repec.org/RePEc:str:wpaper:1309

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