Aid is not dead: The latest evidence on the effectiveness of ODA

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Tony Addison, Finn Tarp, Oliver Morrissey

The death of aid has often been declared, and private capital flows as well as earnings from natural resources now far exceed official development assistance (ODA) in aggregate. However, the recent and sharp downturn in resource earnings, the ability of ODA to fund public goods that private capital cannot, and the difficulty of small and fragile economies in attracting private capital, all imply that the need for aid might not be as dead as its critics believe.
Original languageEnglish
Publication dateDec 2017
Number of pages2
Publication statusPublished - Dec 2017
SeriesWIDER Policy Brief
Number8
Volume2017

ID: 195196243