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Lessons on Foreign Aid and Economic Development - Micro and Macro Perspectives (Paperback, 1st ed. 2019)
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Lessons on Foreign Aid and Economic Development - Micro and Macro Perspectives (Paperback, 1st ed. 2019)
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A response to the pressing need to address and clarify the
substantial ambiguity within current literature, this edited volume
aims to deepen readers' understanding of the impact of foreign aid
on development outcomes based on the latest findings in research
over the past decade. Foreign aid has long been seen as one of two
extremes: either beneficial or damaging, a blessing or a curse.
Consequently, many readers perceive aid's effectiveness based on
the work of scholars who are assessing the impact of aid from one
of two antithetical perspectives. This book takes a different
approach, shedding light on recent research that can deepen our
understanding of the complex relationship between aid and its
aftereffects. Drawing from an extensive set of studies that have
explored micro and macro impacts of foreign aid for recipient
nations, chapter authors highlight more layered and nuanced
findings, with a focus on donor characteristics, political motives,
and an evaluation of aid projects and their effectiveness,
including the differential impact based on type of aid. This volume
is the first of its kind to unpack aid as a complex rather than a
unitary concept and explore the wide areas of grey that have long
enshrouded foreign aid.
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