UNU-WIDER WP/2012/24 Aid as a Second-Best Solution: Seven Problems of Effectiveness and How to Tackle Them
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WP/024 Aid as a Second-Best Solution: Seven Problems of Effectiveness and How to Tackle Them
Most rich countries developed without aid, and this ‘self-development’ has some intrinsic advantages. In today’s massively unequal world, however, such an approach would imply very low levels of human development for several generations for many poor countries. Aid can therefore usefully be thought of as a necessary but ‘second-best option’. The challenge then is how to manage this second-best option, particularly in the more aid-dependent states and the more fragile environments, in order to achieve sustainable results. The study examines seven problems that can limit the effectiveness of aid, and suggests possible ways of tackling them.
- Publisher:
- UNU-WIDER
- Series:
- WIDER Working Paper
- Volume:
- 2012/24
- Title:
- WP/024 Aid as a Second-Best Solution: Seven Problems of Effectiveness and How to Tackle Them
- Authors:
- Richard Manning
- Publication date:
- February 2012
- ISBN 13 Web:
- 978-92-9230-487-4
- Copyright holder:
- © UNU-WIDER
- Copyright year:
- 2012
- Keywords:
- aid, aid effectiveness, development
- JEL:
- F35
- Sponsor:
- This working paper has been prepared within the UNU-WIDER project ‘Foreign Aid: Research and Communication (ReCom)’, directed by Tony Addison and Finn Tarp. UNU-WIDER gratefully acknowledges specific programme contributions from the governments of Denmark (Ministry of Foreign Affairs, Danida) and Sweden (Swedish International Development Cooperation Agency—Sida) for the Research and Communication (ReCom) programme. UNU-WIDER also acknowledges core financial support to UNU-WIDER’s work programme from the governments of Finland (Ministry for Foreign Affairs), the United Kingdom (Department for International Development), and the governments of Denmark and Sweden.
- Format:
- online