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Islands Australia Working paper no. 90/13 of the National Centre for Development Studies. An analysis of the effect of the aid boom on the Papua New Guinean economy. Includes diagrams, tables and a list of the centre's publications relating to Papua New Guinea and the Pacific.
Assessing Aid determines that the effectiveness of aid is not decided by the amount received but rather the institutional and policy environment into which it is accepted. It examines how development assistance can be more effective at reducing global poverty and gives five mainrecommendations for making aid more effective: targeting financial aid to poor countries with good policies and strong economic management; providing policy-based aid to demonstrated reformers; using simpler instruments to transfer resources to countries with sound management; focusing projects oncreating and transmitting knowledge and capacity; and rethinking the internal incentives of aid agencies.
The Aid Trap by R. Glenn Hubbard,William Duggan Pdf
Over the past twenty years more citizens in China and India have raised themselves out of poverty than anywhere else at any time in history. They accomplished this through the local business sector the leading source of prosperity for all rich countries. In most of Africa and other poor regions the business sector is weak, but foreign aid continues to fund government and NGOs. Switching aid to the local business sector in order to cultivate a middle class is the oldest, surest, and only way to eliminate poverty in poor countries. A bold fusion of ethics and smart business, The Aid Trap shows how the same energy, goodwill, and money that we devote to charity can help local business thrive. R. Glenn Hubbard and William Duggan, two leading scholars in business and finance, demonstrate that by diverting a major share of charitable aid into the local business sector of poor countries, citizens can take the lead in the growth of their own economies. Although the aid system supports noble goals, a local well-digging company cannot compete with a foreign charity that digs wells for free. By investing in that local company a sustainable system of development can take root.
While the booming humanitarian sector faces daunting challenges, humanitarian economics emerges as a new field of study and practice--one that encompasses the economics and political economy of war, disaster, terrorism and humanitarianism. Carbonnier's book is the first to present humanitarian economics to a wide readership, defining its parameters, explaining its utility and convincing us why it matters. Among the issues he discusses are: how are emotions and altruism incorporated within a rational-choice framework? How do the economics of war and terrorism inform humanitarians' negotiations with combatants, and shed light on the role of aid in conflict? What do catastrophe bonds and risk-linked securities hold for disaster response? As more actors enter the humanitarian marketplace (including private firms), Carbonnier's revealing portrayal is especially timely, as is his critique of the transformative power of crises.
An authoritative assessment of the reform efforts in African economies during the 1980s and early 1990s. The focus is on the reform process in the socialist countries which began from a position of pervasive state intervention. The impact of the subsequent economic liberalization and the changing role of the state during the period of transition is the focus of this theoretical overview, with particular coverage of macroeconomic management and the privatization of state enterprises. A companion volume (0-333-71237-4) contains in-depth country studies. These books are the first in an important new series in association with the Centre for the Study of African Economies, University of Oxford.
Institutional Economics and Fisheries Management by Elizabeth H. Petersen Pdf
'The litany of world fishery failures shows that reform of fisheries governance and institutions is essential. The valuable insights and applications in this book will be enormously useful for fishery regulators as they try to sustainably and profitably manage fish stocks, especially highly migratory species such as tuna.'- Quentin Grafton, Australian National UniversityElizabeth H. Petersen argues that economists and other social scientists are increasingly focusing their attention towards institutions (defined as humanly-devised rules) as critical determinants of economic, social and politic.
Sharing the premise that an adequate, credible defense is the best guarantee of peace, sixteen distinguished foreign policy experts test the chances of peace by examining American foreign policy in To Promote Peace. Writing from the vantage point of the mid-1980s, these contributors approach a broad spectrum of the day's issues, developing fresh ideas and innovative policy approaches at every turn. Their essays—always challenging, clear, and incisive—furnish a realistic blueprint for peace in a world dominated by nuclear fantasies and cutting-edge technologies. Declaring that the Allies must bear their fair share of NATO's common defense, Melvyn Krauss argues the time has come to begin phasing out U.S. forces in Europe. Pointing out that compromised intelligence has squandered much of our technological advantage, Arnold Beichman demands that top priority be given to the establishment of an effective, sophisticated intelligence network. Showing the effects of dÉtente-inspired build-down of tactical nuclear weapons, H. Joachim MaÎtre explores a variety of weapons systems in achieving true mutual deterrence. From an analysis of the critical relationship between energy supply and peace to tough and well-reasoned predictions on what the future holds, To Promote Peace is not afraid to spark debate and seek new initiatives and direction. Its assessments consider global issues with more realism, more courage, and more certainty of the necessity of maintaining the United States as a forceful presence throughout the world.
Developing indicators to diagnose Dutch Disease by Lorenz Meyenburg Pdf
Inhaltsangabe:Introduction: The term Dutch Disease (abbreviated to DD throughout the paper), introduced in 1977, refers to the adverse effects on Dutch manufacturing of the natural gas discoveries of the 1960s. The crucial sub-period from 1974 to 1979 after the oil price shock in 1973 / 1974 was then marked by a consumption driven booming government sector in the context of a European stagnation, and though this process in itself did not bear a disease character, the strong real appreciation due to an overvaluation of the Dutch Guilder and an inflexible labour market were at least the clearest possible signs of a disease. It is actually doubted that the DD is Dutch, but the existence of the DD as a general phenomenon is widely accepted in the literature. The fascination of the DD arises from its paradoxical nature that something intuitively good develops a dark side. There is a good side of every boom, its initial impact is beneficial and amounts to Pareto-improvement for the economy as a whole. This implies a rise in real living standards due to higher levels of public and private consumption and higher levels of investment (and savings). Windfalls, the linked fiscal revenues, and easier domestic and foreign borrowing can finance core public goods. Especially regarding developing countries, windfalls principally allow breaking out of the poverty trap: poverty lack of public finance lack of public goods lack of private investment poverty. Approaching the dark side, a favourable shock like a discovery of oil is a mixed blessing to developing countries, and research does not show a clear outperformance of the oil nations as a whole. The DD can be formulated as a provoking dilemma: Enjoy boom revenues to boost economic development while those revenues in fact turn out to be responsible for the economic stagnation through the deterioration of the tradeable sectors. The provoking nature of the DD runs the risk of being misused in the media in the longing for exciting economical statements, and a healthy mistrust should always accompany an alleged DD even in the literature, as the real problem can lie somewhere else in the dynamic economy. For example, in many countries, the downward trend in the share of manufacturing in national output is dominated by other reasons than a favourable shock. In general, policy choices can exacerbate or mitigate the DD, so that there is a direct connection, but the majority of influences rather works [...]
The White Man's Burden by William Easterly,William Russell Easterly Pdf
Argues that western foreign aid efforts have done little to stem global poverty, citing how such organizations as the International Monetary Fund and the World Bank are not held accountable for ineffective practices that the author believes intrude into the inner workings of other countries. By the author of The Elusive Quest for Growth. 60,000 first printing.
Enlightened Aid is a unique history of foreign aid. The book begins with the modern concept of progress in the Scottish Enlightenment, follows the development of this concept in nineteenth- and early twentieth-century economics and anthropology, describes its transformation from a concept into a tool of foreign policy, and ends with the current debate about foreign aid's utility. In his 1949 inaugural address, Harry Truman vowed to make the development of the underdeveloped world a central part of the U.S. government's national security agenda. This commitment became policy the following year with the creation of Point Four--America's first aid program to the developing world. Point Four technicians shared technology, know-how, and capital with people in nations around the world. They taught classes on public health and irrigation, distributed chickens and vaccines, and helped build schools and water treatment facilities. They did all of this in the name of development, believing that economic progress would lead to social and political progress, which, in turn, would ensure that Point Four recipient nations would become prosperous democratic participants in the global community of nations. Point Four was a weapon in the fight against poverty, but it was also a weapon in the fight against the Soviet Union. Eisenhower reluctantly embraced it and Kennedy made it a central part of his international policy agenda, turning Truman's program into the United States Agency for International Development. Point Four had proven itself to be a useful tool of diplomacy, and subsequent administrations claimed it for themselves. None seemed overly worried that it had not also proven itself to be a particularly useful tool of development. Using Ethiopia as a case study, Enlightened Aid examines the struggle between foreign aid-for-diplomacy and foreign aid-for-development. Point Four's creators believed that aid could be both at the same time. The history of U.S. aid to Ethiopia suggests otherwise.
HIV/AIDS: Political Will and Hope by Gregory Ejiogu Umunna Pdf
HIV/AIDS: Political Will and Hope, demonstrates that the scourge of the AIDS, flourishes within the weaknesses of the Nigerian state and in the deficiencies of socio-cultural, economic and political constructs. The abovementioned structures have nurtured a culture and politics of neglect, inequalities and marginalisation of disempowered and subordinated children, men and more especially women. These disease-prone circumstances expose human behavioural weaknesses and the limitations in the government structures as well as poor implementation of policies especially within the health care sector. The result is the inefficiencies, insufficiencies and inadequacies in the HIV/AIDS preventive as well as care and support programmes. It therefore makes clear that for the Nigerian state to prove itself in the present scourge of AIDS, it would have to exert all its political will in order to construct a proper caring responsibility as a basic attitude for her citizenry in general and for her overwhelming HIV/AIDS patients in particular. This is a challenge to a health-care reform and an adequate caring responsibility for people living with AIDS. To do this effectively, this book recommends a few steps.
External Finance and Adjustment by Karel Jansen,Rob Vos Pdf
This book studies the impact of different sources of external finance on growth and development in different country contexts. An important finding of the study is that 'success' or 'failure' in the productive use of external and domestic financial resources cannot be explained on the basis of single factors such as external shocks or 'bad' versus 'sound' policies. Rather, they are outcomes of complex interactions between changes in exogenous factors (such as fluctuations in external finance and trade shocks), existing economic structures and the responses to shocks by domestic public and private sector agents. This finding also implies that there are no recipes in economic policy-making which are generally applicable; the 'best' policy has to be designed specifically for each country.
In the past fifty years, more than $1 trillion in development-related aid has been transferred from rich countries to Africa. Has this assistance improved the lives of Africans? No. In fact, across the continent, the recipients of this aid are not better off as a result of it, but worse—much worse. In Dead Aid, Dambisa Moyo describes the state of postwar development policy in Africa today and unflinchingly confronts one of the greatest myths of our time: that billions of dollars in aid sent from wealthy countries to developing African nations has helped to reduce poverty and increase growth. In fact, poverty levels continue to escalate and growth rates have steadily declined—and millions continue to suffer. Provocatively drawing a sharp contrast between African countries that have rejected the aid route and prospered and others that have become aid-dependent and seen poverty increase, Moyo illuminates the way in which overreliance on aid has trapped developing nations in a vicious circle of aid dependency, corruption, market distortion, and further poverty, leaving them with nothing but the "need" for more aid. Debunking the current model of international aid promoted by both Hollywood celebrities and policy makers, Moyo offers a bold new road map for financing development of the world's poorest countries that guarantees economic growth and a significant decline in poverty—without reliance on foreign aid or aid-related assistance. Dead Aid is an unsettling yet optimistic work, a powerful challenge to the assumptions and arguments that support a profoundly misguided development policy in Africa. And it is a clarion call to a new, more hopeful vision of how to address the desperate poverty that plagues millions.
At Your Service? by Gaurav Nayyar,Mary Hallward-Driemeier,Elwyn Davies Pdf
Manufacturing-led development has provided the traditional model for creating jobs and prosperity. But in the past three decades the conventional pattern of structural transformation has changed, with the services sector growing faster than the manufacturing sector. This raises critical questions about the ability of developing economies to close productivity gaps with advanced economies and to create good jobs for more people. At Your Service? The Promise of Services-Led Development (www.worldbank.org/services-led-development) assesses the scope of a services-driven development model and policy directions that can maximize the model’s potential.