This thesis involves an analysis of international aid, its implementation and its effectiveness in Southern Asia. An analysis of this topic leads to show the complex relationship between donors and recipients. when it comes to development goals and priorities.
[...] We recognise the importance and particularities of South-South cooperation and acknowledge that we can learn from the experience of developing countries. We encourage further development of triangular co-operation." (Accra Agenda for Action The binary process evolved into a more complex mechanism: For instance, some other countries such as new EU member states are also showing their interests in participating to the development assistance of the targeted countries. The fact that the emerging donors differ from each other make it difficult to actually put a name on the « group » they represent. [...]
[...] Moreover, the part of identified concessional aid flows is on a declining path since 2011, accentuating the described trend. Such phenomena could be explained by the fact that major part of this aid pass through Chinese export agencies and banks (China Construction Bank, Industrial and Commercial Bank of China . As a result, the financial flows coming from the country bears an interest close to the market rate, with thus a small or even negative grant element. Such foreign aid strategy is at the opposite of traditional donors model of foreign aid, as the latter provide a great majority of foreign assistance through concessional instruments. [...]
[...] Construction is also an important economic pillar in the Maldives. The Maldives also face numerous environmental issues: the country has been affected by various climate disasters, and its future environment is at play, notably because of its coral reefs, lagoons and islands which are currently under danger. Overview of foreign aid assistance in Maldives The country has benefitted over the past decades great support from the international community, making the country the success described above. As a result, the country is receiving lesser and lesser foreign aid since the 1990s, as debates around the promotion of Maldives from Low-Income country to a Middle-Income country. [...]
[...] In another paper, Morrisey also introduced the concept of Aid Tying, where foreign aid provision is conditional to recipient purchase of donor's goods and services purchase. As a result, and as explained by Morrissey, in this case the aid is actually a sort of trade, and the recipient country is forced to economically cooperate with the donor country. Another example of Trade cooperation through aid could be found on the instruments used by the donor to provide aid. In more and more countries, aid is provided though exports agencies, which provide semi-concessional funding to the recipient country. [...]
[...] We aim to take into consideration global aid economic development theories and apply them to the South Asia context. Allocation of foreign aid in South Asia Geographical scope and context Our study will take the World Bank definition and scope of South Asia region. According to this institution, the region includes eight countries: Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, Sri Lanka. Regarding the area backgrounds, two different dynamics make the study of foreign aid in the region all the more relevant. [...]
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