The Foreign Aid Business

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The Foreign Aid Business

Economic Assistance and Development Co-operation

9781858984469 Edward Elgar Publishing
Kunibert Raffer, formerly Professor, Department of Economics, University of Vienna, Austria and the late H.W. Singer, formerly Institute of Development Studies, University of Sussex, UK
Publication Date: 1997 ISBN: 978 1 85898 446 9 Extent: 256 pp

In The Foreign Aid Business, Kunibert Raffer and Hans Singer offer an incisive analysis of aid and development finance, examine the key issues and new trends in aid as well as proposing a series of fundamental improvements.

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In The Foreign Aid Business, Kunibert Raffer and Hans Singer offer an incisive analysis of aid and development finance, examine the key issues and new trends in aid as well as proposing a series of fundamental improvements.

Distinguishing clearly between ‘aid’ and ‘help’ in development finance, the authors discuss aid in the context of other North-South flows, such as trade or debt service, and describe its role and evolution during the Cold War. They address in detail issues such as food aid, the European Union’s Lomé co-operation, Japan’s emergence as the largest donor and its specific aid philosophy, the often neglected question of South-South aid and the role of non-governmental organizations. The new trends analyzed in this book include political conditionality, the UNDP’s proposal to reorient aid towards human development and the question of aid diversion to the former communist countries.

The Foreign Aid Business concludes by proposing a series of innovative reforms for development aid and finance. The authors advocate major improvements which include combining emergency and development aid, the financial accountability of donors, international insolvency to stop aid bailing-out creditors and the emulation of the Marshall plan’s successful self-monitoring by recipients.

Combining a sophisticated analysis of current issues and trends with innovative new ideas for raising the effectiveness of development aid and finance, this substantial new book will be welcomed by academic scholars, policymakers and practitioners as a major contribution to our understanding of the foreign aid business.
Critical Acclaim
‘Raffer and Singer’s volume contains many useful chapters on issues such as Lomé, food aid and conditionality.’
– Howard White, Development and Change

‘. . . the book is a useful contribution to the literature. Most of the major contemporary issues surrounding aid are discussed.’
– Mark McGillivray, Journal of Development Studies
Contents
Contents: Part I: Aid – What is it? 1. Aid and Help – A Necessary Distinction 2. Aid as One Aspect of North–South Relations 3. Multilateralism in the Aid and Development Business 4. Aid During the Cold War Part II: Specific Sources and Forms of Aid 5. Food Aid: A Conceptual and Statistical Quagmire 6. Advantages and Disadvantages of Food Aid 7. Lomé: From Contractuality to Conditionality 8. Japan, the Emerging Aid Giant 9. South-South Aid: OPEC and other Southern Donors 10. Aid and NGOs Part III: New Trends in Aid 11. Aid Conditionality 12. Political Conditionality – Illustrating Double Standards 13. Aid and Human Development 14. The Future of Aid: Proposals for Change Bibliography Index

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