Document Type
Presentation
Language
eng
Format of Original
31 p.
Publication Date
2007
Publisher
Center for Social and Economic Research, Warsaw
Source Publication
CASE Network Studies and Analyses
Source ISSN
1506-1701
Abstract
The paper shows that the question that is relevant for the debate on the efficacy of development assistance is not so much as an issue of how much, but rather for what. In view of the growing awareness of ODA’s inefficiency in achieving intended aims, this paper proposes an alternative approach to development assistance policies – economic integration and subsidiarity provides the conditions necessary for ODA to produce higher rates of economic growth on a sustainable basis. Europe is an excellent case in point, in this context. Europe has in the last decades experienced a number of success stories in moving out of poverty and onto sustainable economic growth. The secret of success has been the push towards economic integration, and the adoption of economic reforms at the local, national, and regional level conducive to economic growth. The recipient countries of development assistance have much to learn from the European experience.
Recommended Citation
Chowdhury, Abdur and Garonna, Paolo, "Effective Foreign Aid, Economic Integration and Subsidiarity: Lessons from Europe" (2007). Economics Faculty Research and Publications. 539.
https://epublications.marquette.edu/econ_fac/539
Comments
Published version. Effective Foreign Aid, Economic Integration and Subsidiarity: Lessons from Europe. The paper was presented at the international conference “Winds of Change”, organized by CASE – Center for Social and Economic Research and CASE Ukraine in Kiev on March 23- 24, 2007. Publisher Link. © 2007 CASE – Center for Social and Economic Research, Warsaw. Used with permission.