Can foreign aid buy growth University of Birmingham可外国援助购买增长伯明翰大学.ppt

The effects of corruption and foreign aid on developing countries 2007?Foreign Aid contribution?UK and N.Ireland ￡6,299,418,300 The Reality… Between 1970 and 1998, when aid flows to Africa were at their peek, poverty in Africa rose from 11% to a staggering 66% -Dambisa Moyo, Dead Aid Can Foreign Aid Buy Growth? - Easterly William Easterly (2003) “Financing Gap” Burnside and Dollars Aid, Policies and Growth (2000) Flaws? “The Big Idea” A Real World Perspective Corruption and Development - Pranab Bardhan 1. Good policies do not necessarily have to be moral. 2. The only thing worse than a rigid over centralised DISHONEST bureaucratic government is a rigid over-centralised HONEST one -Samuel P. Huntington 3. The concept of Speed Money 4. Misuse of foreign Aid policy Resources and Incentives to Reform Low rates of investment and growth can be due to poor infrastructure, bad policies and institutions. b) societys welfare as?a whole.? The ruling elite will implement bad policies?to sustain their position where?aid can become ineffectual. A self interested government concerned with : a) the welfare of its supporters Conclusion: aid should be conditional A Model and some evidence on sub Saharan African countries The proposed Model… To what extent does policy in government influence the effectiveness of foreign aid? The Question and Verdict...