Aid is not dead: The latest evidence on the effectiveness of ODA

TY - ICOMM

T1 - Aid is not dead

T2 - The latest evidence on the effectiveness of ODA

AU - Addison, Tony

AU - Tarp, Finn

AU - Morrissey, Oliver

PY - 2017/12

Y1 - 2017/12

N2 - The death of aid has often been declared, and private capital flows as well as earnings from natural resources now far exceed official development assistance (ODA) in aggregate. However, the recent and sharp downturn in resource earnings, the ability of ODA to fund public goods that private capital cannot, and the difficulty of small and fragile economies in attracting private capital, all imply that the need for aid might not be as dead as its critics believe.

AB - The death of aid has often been declared, and private capital flows as well as earnings from natural resources now far exceed official development assistance (ODA) in aggregate. However, the recent and sharp downturn in resource earnings, the ability of ODA to fund public goods that private capital cannot, and the difficulty of small and fragile economies in attracting private capital, all imply that the need for aid might not be as dead as its critics believe.

M3 - Net publication - Internet publication

T3 - WIDER Policy Brief

ER -