FOREIGN AID & THE POVERTY PROBLEM. WARWICK ECONOMICS SUMMER SCHOOL International Development Dr. Mani July 2014. LECTURES OUTLINE. Lecture 1: Introduction – Foreign Aid & the Poverty Problem Lecture 2: Poverty & Nutrition; Intra-Household Resource Allocation
Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.
WARWICK ECONOMICS SUMMER SCHOOL International Development
Official Foreign Aid to LDCs (2006) = $103.6 billion !
Poverty Trap: A situation where
where g=growth rate of per capita income in country i at time t, y=per capita income, a=(aid receipts)/GDP, p=vector of policies (fiscal, monetary & trade) and z=vector of other exogenous variables that may affect growth and aid
Source: Burnside and Dollar(2000)
Source: Easterly, Levine & Roodman (2003)
---- (The Economist, 1995)
Easterly-Pfutze, Journal of Economic Perspectives (2008) evaluate Aid agencies (23 Bilateral & 17Multilateral) on criteria below: