Aid, poverty reduction and the 'new conditionality'

• 成果类型: Article
• 署名作者: Mosley, P; Hudson, J; Verschoor, A
• 署名单位: University of Sheffield; University of Bath
• 刊物名称: ECONOMIC JOURNAL
• ISSN/ISSBN: 0013-0133
• DOI: 10.1111/j.1468-0297.2004.00220.x
• 发表日期: 2004
• 页码: F217-F243
• 关键词: growth; AFRICA

摘要

The paper examines the effect of aid on poverty, rather than on economic growth. We devise a 'pro-poor (public) expenditure index', and present evidence that, together with inequality and corruption, this is a key determinant of the aid's poverty leverage. After presenting empirical evidence which suggests a positive leverage of aid donors on pro-poor expenditure, we argue for the development of conditionality in a new form, which gives greater flexibility to donors in punishing slippage on previous commitments, and keys aid disbursements to performance in respect of policy variables which governments can influence in a pro-poor direction.