Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/63314
Authors: 
Ranis, Gustav
Year of Publication: 
2007
Series/Report no.: 
Research Paper, UNU-WIDER, United Nations University (UNU) 2007/42
Abstract: 
At the very time that professional skepticism concerning the effectiveness of foreign aid has reached new heights, donors seem to be ready to substantially increase the volume of aid they are willing to make available. This paper attempts to address this paradox by first examining the record of aid in the past, distinguishing between crosscountry regressions and select country experience. It subsequently proceeds to propose the establishment of a new modus operandi for foreign aid, based on a much more passive, bankerlike posture by donors, leaving the initiative for defining what reforms are feasible, plus the establishment of self-conditionality, to third world recipients before they approach the international community of donors.
Subjects: 
foreign aid
development
JEL: 
O11
O19
ISBN: 
9291909858=978-92-9190-985-8
Document Type: 
Working Paper

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