Book contents
- Frontmatter
- Contents
- List of Acronyms
- Acknowledgments
- 1 Introduction: Motivation and Perspective
- 2 What Is Foreign Aid, Who Does It, Why and How Much Is There?
- 3 How Far Has Development Aid Been Effective?
- 4 Why Has Development Aid Done So Little?
- 5 Changing the Dynamics of Development
- 6 “New Aid”: New Ways to Promote and Finance Development?
- 7 Another Pathway Out of Poverty?
- 8 Exit Strategy – Replacing Foreign Assistance
- 9 Postscript
- Notes
- Index
- Frontmatter
- Contents
- List of Acronyms
- Acknowledgments
- 1 Introduction: Motivation and Perspective
- 2 What Is Foreign Aid, Who Does It, Why and How Much Is There?
- 3 How Far Has Development Aid Been Effective?
- 4 Why Has Development Aid Done So Little?
- 5 Changing the Dynamics of Development
- 6 “New Aid”: New Ways to Promote and Finance Development?
- 7 Another Pathway Out of Poverty?
- 8 Exit Strategy – Replacing Foreign Assistance
- 9 Postscript
- Notes
- Index
Summary
There are two organizations based in India. One is “3ie,” the international aid evaluation center set up in 2009, aid-funded, with close links to academia, spending over ten million dollars each year on research to try to find out, after 50 years, what works in development assistance. The other is “TiE,” the Indus Entrepreneurs, a privately funded diaspora organization supporting investors in the high technology sector. The names and locations are similar, but nothing else. The first is an artifact of development aid that is reinterpreting past decisions on public donations and the second is an artifact of diaspora initiative which is addressing the needs of future wealth creation.
The country of my childhood, now Malawi, has received US$13 billion in aid since independence (US$22 billion in today's prices), averaging well over 20 percent of its gross national income over the past 20 years. It is being assisted by about 40 official multilateral and bilateral aid agencies and approximately 200 foreign non-government organizations. In an average year it hosts several hundred donor missions. It faces similar or worse problems than it did at independence half a century ago: income levels well below the average for the poorest countries, emphasis on the same (and inappropriate) agricultural products (e.g. tobacco), a lack of infrastructure, a severe public health problem, population pressure and a lack of governance capacity.
- Type
- Chapter
- Information
- Development without AidThe Decline of Development Aid and the Rise of the Diaspora, pp. 177 - 180Publisher: Anthem PressPrint publication year: 2013