The Impact of Development Aid on the International Migrations in the African, Caribbean, and Pacific Group of States
Marko Gregl Klavdij Logožar
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Marko Gregl Klavdij Logožar: PhD Candidate, University of Maribor, Faculty of Economics and Business, Slovenia. University of Maribor, Faculty of Economics and Business, Slovenia.
Zagreb International Review of Economics and Business, 2017, vol. 20, issue 1, 101-112
Abstract:
Development aid, one of the most important mechanisms for the redistribution of global wealth, represents financial flows that have economic growth and social improvement as their main objective. It has also frequently been described as an instrument which is able to diminish international migrations and is used by several developed countries. Recently, much empirical evidence and several contributors have argued that connection and set out other grounds. This paper explores the interaction between development aid and migrations from developing to developed countries. We want to determine, if the amount of development aid has any impact on migrations from African, Caribbean, and the Pacific Group of States. Our results show that development aid does not have a direct effect on migrations and therefore, in terms of international migrations, is not effective. Moreover, we will argue that the donor side should use different policies and other mechanisms to manage migrations from those countries. JEL Classification: F35; F22; F59
Keywords: development aid; international migrations; ACP Group of States; aid effectiveness; international development (search for similar items in EconPapers)
Date: 2017
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