Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/45892 
Erscheinungsjahr: 
2011
Schriftenreihe/Nr.: 
Kiel Working Paper No. 1691
Verlag: 
Kiel Institute for the World Economy (IfW), Kiel
Zusammenfassung: 
The Monterrey Consensus agreed at the UN summit on Financing for Development in 2002 promised a breakthrough in terms of donor generosity, aid effectiveness and new means of financing. However, the development orientation of world leaders proved to be short-lived. This is even though our evaluation reveals progress since Monterrey in some areas, notably debt relief and private (FDI) flows. Calls for substantially scaling up regular aid had little effect, and financial innovations contributed only marginally to overall development financing so far. There is not much progress either from the perspective of critics focusing on the quality of aid. In particular, we find that the targeting of aid according to need and merit leaves much to be desired. The gap between words and deeds continues to be wide with regard to aid proliferation and donor coordination, too.
Schlagwörter: 
Official development assistance
debt relief
aid for trade
donor coordination
financial innovations, foreign direct investment, corruption
JEL: 
F35
F53
Dokumentart: 
Working Paper

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