Aid - World Economics - The journal of current economic analysis and policy

Tim Lankester on Paul Collier, The Bottom Billion: Why the Poorest Countries Are Failing and What Can Be Done About It

Volume 8, Number 3, 2007, pages 195 - 199

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How to Tackle Poverty
Economists are closing in on the answers
Diane Coyle
Volume 8, Number 3, 2007, pages 1 - 5

There has been an unprecedented political focus on economic development and poverty reductions since the Gleneagles Summit of 2005, yet it seems economists have been unable to agree on how to capitalise on the opportunity. Is more aid the solution? Or the problem? This article argues that, beyond th ... Read more

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Shalendra D. Sharma on the Sachs–Easterly debate.
Can Massive Foreign Aid Eliminate Extreme Poverty?

Volume 8, Number 1, 2007, pages 245 - 253

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Aid for Trade
An essential component of the multilateral trading system and WTO Doha development agenda
Faizel Ismail
Volume 8, Number 1, 2007, pages 15 - 45

The paper argues that increased Trade and Aid are both essential to enhance the development of many developing countries. It argues further that trade-related technical assistance and capacity building is not only an essential element of the concept of special and differential treatment but i ... Read more

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Book Review
Carol Graham on William Easterly, The White Man’s Burden: Why the West’s Efforts to Aid the Rest Have Done So Much Ill and So Little Good

Volume 7, Number 4, 2006, pages 251 - 253

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Making Fiscal Space Happen!
Managing fiscal policy in a world of scaled-up aid
Peter S. Heller, Menachem Katz, Xavier Debrun, Theo Thomas, Taline Koranchelian & Isabell Adenauer
Volume 7, Number 3, 2006, pages 89 - 132

Debt relief and the scaling up of aid to low-income countries should allow for increased fiscal space for expenditure programs to spur long-term growth and reduce poverty. But as discussed in Peter Heller’s article “Pity the Finance Minister” (World Economics, Vol. 6, No. 4), designing a suit ... Read more

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“Pity the Finance Minister”
Issues in managing a substantial scaling up of aid flows
Peter S. Heller
Volume 6, Number 4, 2005, pages 69 - 110

Substantial scaling up of aid flows will require development partners to address many issues, including the impact of higher aid flows on the competitiveness of aid recipients, the management of fiscal and monetary policy, the delivery of public services, behavioral incentives, and the rate of growt ... Read more

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A Global Compact to End Poverty
Jeffrey Sachs on stabilisation, transition and weapons of mass salvation
An interview with introduction by Brian Snowdon
Volume 6, Number 4, 2005, pages 11 - 68

Brian Snowdon presents the text of a two-hour interview conducted with Jeffrey D. Sachs of Columbia University—a wide-ranging discussion relating to Professor Sachs’s work over the past thirty years on macroeconomic stabilisation, the economics of transition, and several important issues in the fiel ... Read more

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Rethinking Development Effectiveness
Facts, issues and policies
M. G. Quibria
Volume 6, Number 1, 2005, pages 101 - 117

This article reviews some recent research on aid effectiveness. An important finding of this research is that foreign aid has been much more effective than is generally presumed. It also suggests that the current aid allocation policy of development agencies, based on selectivity, has a fragile e ... Read more

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The Influence of Political Distortions on Economic Performance
The contributions of Alberto Alesina
An interview with introduction by Brian Snowdon
Volume 5, Number 4, 2004, pages 91 - 136

Alberto Alesina is the Nathaniel Ropes Professor of Political Economy and Chairman of the Department of Economics at Harvard University. In this interview he discusses with Brian Snowdon his views on several important contemporary issues, including politics and the business cycle, budget deficits ... Read more

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International Aid
Experience, prospects and the moral case
Tim Lankester
Volume 5, Number 1, 2004, pages 17 - 39

This article describes the main reasons why aid has not been as effective at addressing the world’s poverty problem as it could have been: lack of will on the part of donors, inadequate policies and governance on the part of recipients, and a lack of understanding of development and of how aid wo ... Read more

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In Search of the Holy Grail
William Easterly on the Elusive Quest for Growth and Development
An interview with introduction by Brian Snowdon
Volume 4, Number 3, 2003, pages 51 - 92

Having conducted extensive research in the field of economic growth and development, William Easterly has broad knowledge and expertise on the problems facing developing countries. While working for the World Bank, he travelled extensively in Africa, Latin America and Asia, and is well placed to ... Read more

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More Aid—Making It Work for the Poor
Peter S. Heller & Sanjeev Gupta
Volume 3, Number 4, 2002, pages 131 - 146

This paper highlights the economic challenges that would be associated with a successful effort by industrial countries to meet the goal of devoting 0.7 percent of their GNP to official development assistance (ODA) to help poor countries. To help achieve the Millennium Development Goals, enhanced ... Read more

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The Debt-Relief Initiative for Poor Countries
Good news for the poor?
Gustav Ranis & Frances Stewart
Volume 2, Number 3, 2001, pages 111 - 124

This paper reviews the new debt-relief initiative for Highly-Indebted Poor Countries (HIPCs) designed to reduce the debt burden of potentially 36 poor countries. It finds that the HIPC initiative is not likely to make a major contribution to the problems of the world’s poor. It offers limited and ... Read more

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