11. Aid Effectiveness and Selectivity: Integrating Multiple Objectives into Aid Allocations
- Author:
- Mark McGillivray
- Publication Date:
- 10-2003
- Content Type:
- Working Paper
- Institution:
- United Nations University
- Abstract:
- This paper surveys recent research on aid and growth. It also provides an overview of research on inter-recipient aid allocation. The overall focus of the paper is on the relevance of these issues for poverty-efficient aid, defined as a pattern of inter-recipient aid allocation which maximises poverty reduction. It identifies a range of poverty- reducing criteria on which aid allocation or selectivity might be based, calling for a broader selectivity framework. The paper argues that this framework should be built on a recognition that the effectiveness of aid in increasing growth, and by implication in reducing poverty, is contingent on a range of factors in addition to the quality of recipient country policy regimes. These factors include political stability, democracy, post conflict reconstruction, and economic vulnerability.
- Topic:
- Development, Political Economy, and Poverty