Is aid oil? An analysis of whether Africa can absorb more aid

This paper considers whether Africa can absorb a doubling of aid. If oil revenues provide a "natural experiment" the results are disappointing: far from being transformational, they have been markedly less successful than aid. One implication is that the delivery modalities of aid, though...

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主要作者: Collier, P
格式: Journal article
語言:English
出版: Elsevier 2006
主題:
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author Collier, P
author_facet Collier, P
author_sort Collier, P
collection OXFORD
description This paper considers whether Africa can absorb a doubling of aid. If oil revenues provide a "natural experiment" the results are disappointing: far from being transformational, they have been markedly less successful than aid. One implication is that the delivery modalities of aid, though heavily criticized, have substantially added value: the paper discusses which modalities may have been most useful. Unfortunately, aid appears to be subject to diminishing returns, so that doubling aid through conventional modalities would not double its impact. The paper concludes by considering innovations in aid modalities, which might offset diminishing returns.
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spelling oxford-uuid:be263d06-c5a9-4e2e-a29c-16e80cdd7bc02022-03-27T05:37:07ZIs aid oil? An analysis of whether Africa can absorb more aidJournal articlehttp://purl.org/coar/resource_type/c_dcae04bcuuid:be263d06-c5a9-4e2e-a29c-16e80cdd7bc0AfricaDevelopment economicsEnglishOxford University Research Archive - ValetElsevier2006Collier, PThis paper considers whether Africa can absorb a doubling of aid. If oil revenues provide a "natural experiment" the results are disappointing: far from being transformational, they have been markedly less successful than aid. One implication is that the delivery modalities of aid, though heavily criticized, have substantially added value: the paper discusses which modalities may have been most useful. Unfortunately, aid appears to be subject to diminishing returns, so that doubling aid through conventional modalities would not double its impact. The paper concludes by considering innovations in aid modalities, which might offset diminishing returns.
spellingShingle Africa
Development economics
Collier, P
Is aid oil? An analysis of whether Africa can absorb more aid
title Is aid oil? An analysis of whether Africa can absorb more aid
title_full Is aid oil? An analysis of whether Africa can absorb more aid
title_fullStr Is aid oil? An analysis of whether Africa can absorb more aid
title_full_unstemmed Is aid oil? An analysis of whether Africa can absorb more aid
title_short Is aid oil? An analysis of whether Africa can absorb more aid
title_sort is aid oil an analysis of whether africa can absorb more aid
topic Africa
Development economics
work_keys_str_mv AT collierp isaidoilananalysisofwhetherafricacanabsorbmoreaid