Foreign aid

Finn Tarp

doi:10.1057/9780230226203.0593

Foreign aid

Abstract

Foreign aid has evolved significantly since the Second World War in response to a dramatically changing global political and economic context. This article (a) reviews this process and associated trends in the volume and distribution of foreign aid; (b) reviews the goals, principles and institutions of the aid system; and (c) discusses whether aid has been effective. While much of the original optimism about the impact of foreign aid needed modification, there is solid evidence that aid has indeed helped further growth and poverty reduction

Original language	English
Title of host publication	The New Palgrave Dictionary of Economics
Editors	Steven N. Durlauf, Lawrence E. Blume
Place of Publication	London
Publisher	Palgrave Macmillan
Publication date	2008
Edition	2
DOIs	https://doi.org/10.1057/9780230226203.0593
Publication status	Published - 2008

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10.1057/9780230226203.0593

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Foreign aid

Abstract

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