Development Effectiveness of the Paris Declaration: An Empirical Evaluation
This study aims to assess the development effectiveness of the Paris Declaration (2005). Using data collected by the OECD/DAC from 78 developing countries for the period 2005~2010, this study evaluates the role played by the Paris Declaration principles alone and in interaction with aid in promoting...
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| Format: | Article |
| Language: | English |
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Korea Development Institute
2013-09-01
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| Series: | KDI Journal of Economic Policy |
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| Online Access: | https://doi.org/10.23895/kdijep.2013.35.3.65 |
| _version_ | 1828474058147102720 |
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| author | Lee, Kye Woo |
| author_facet | Lee, Kye Woo |
| author_sort | Lee, Kye Woo |
| collection | DOAJ |
| description | This study aims to assess the development effectiveness of the Paris Declaration (2005). Using data collected by the OECD/DAC from 78 developing countries for the period 2005~2010, this study evaluates the role played by the Paris Declaration principles alone and in interaction with aid in promoting per-capita GDP growth. The analysis shows that the overall net impact of aid on promoting economic growth has been negative. However, aid effectiveness has been enhanced by the sound policies or institutions and some Paris Declaration (PD) principles. Of the five principles of the PD, only the alignment and, to some extent, mutual accountability principles of the PD did show a significant and positive role in making aid more effective for economic growth of aid recipient countries. Therefore, OECD’s statement that the PD enhances aid effectiveness is supported only partially. These findings have significant implications for the importance accorded to sound policies and institutions in the growth literature, and for future international development cooperation agenda. |
| first_indexed | 2024-12-11T05:54:54Z |
| format | Article |
| id | doaj.art-cfdd2d4e0c6747a891e05b7af7fb103d |
| institution | Directory Open Access Journal |
| issn | 2586-2995 2586-4130 |
| language | English |
| last_indexed | 2024-12-11T05:54:54Z |
| publishDate | 2013-09-01 |
| publisher | Korea Development Institute |
| record_format | Article |
| series | KDI Journal of Economic Policy |
| spelling | doaj.art-cfdd2d4e0c6747a891e05b7af7fb103d2022-12-22T01:18:43ZengKorea Development InstituteKDI Journal of Economic Policy2586-29952586-41302013-09-01353658910.23895/kdijep.2013.35.3.65Development Effectiveness of the Paris Declaration: An Empirical EvaluationLee, Kye Woo0Visiting Professor, KDI School of Public Policy and ManagementThis study aims to assess the development effectiveness of the Paris Declaration (2005). Using data collected by the OECD/DAC from 78 developing countries for the period 2005~2010, this study evaluates the role played by the Paris Declaration principles alone and in interaction with aid in promoting per-capita GDP growth. The analysis shows that the overall net impact of aid on promoting economic growth has been negative. However, aid effectiveness has been enhanced by the sound policies or institutions and some Paris Declaration (PD) principles. Of the five principles of the PD, only the alignment and, to some extent, mutual accountability principles of the PD did show a significant and positive role in making aid more effective for economic growth of aid recipient countries. Therefore, OECD’s statement that the PD enhances aid effectiveness is supported only partially. These findings have significant implications for the importance accorded to sound policies and institutions in the growth literature, and for future international development cooperation agenda.https://doi.org/10.23895/kdijep.2013.35.3.65Foreign Aid(대외원조)Aid Effectiveness(원조효과성)Evaluation(평가)Economic Growth (경제성장)Paris Declaration(파리선언) |
| spellingShingle | Lee, Kye Woo Development Effectiveness of the Paris Declaration: An Empirical Evaluation KDI Journal of Economic Policy Foreign Aid(대외원조) Aid Effectiveness(원조효과성) Evaluation(평가) Economic Growth (경제성장) Paris Declaration(파리선언) |
| title | Development Effectiveness of the Paris Declaration: An Empirical Evaluation |
| title_full | Development Effectiveness of the Paris Declaration: An Empirical Evaluation |
| title_fullStr | Development Effectiveness of the Paris Declaration: An Empirical Evaluation |
| title_full_unstemmed | Development Effectiveness of the Paris Declaration: An Empirical Evaluation |
| title_short | Development Effectiveness of the Paris Declaration: An Empirical Evaluation |
| title_sort | development effectiveness of the paris declaration an empirical evaluation |
| topic | Foreign Aid(대외원조) Aid Effectiveness(원조효과성) Evaluation(평가) Economic Growth (경제성장) Paris Declaration(파리선언) |
| url | https://doi.org/10.23895/kdijep.2013.35.3.65 |
| work_keys_str_mv | AT leekyewoo developmenteffectivenessoftheparisdeclarationanempiricalevaluation |