Descriptive and prescriptive analyses of aid allocation : approaches, issues and consequences

McGillivray, Mark 2004, Descriptive and prescriptive analyses of aid allocation : approaches, issues and consequences, International Review of Economics and Finance, vol. 13, no. 3, pp. 275-292.

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Title Descriptive and prescriptive analyses of aid allocation : approaches, issues and consequences
Author(s) McGillivray, Mark
Journal name International Review of Economics and Finance
Volume number 13
Issue number 3
Start page 275
End page 292
Publisher Elsevier BV
Place of publication The Netherlands
Publication date 2004
ISSN 1059-0560
Keyword(s) Aid allocation
Relative needs
Per capita income
Performance index
Poverty
Summary Studies of the interrecipient allocation of aid may be categorized threefold. First, there are those that attempt to explain the observed allocation of aid. Second, there are those that seek to describe or evaluate the allocation of aid against normative criteria. Third, there are those that seek to prescribe the interrecipient allocation of aid by calculating the amounts of aid each country should receive, also based on normative criteria. This article looks at the second and third categories of studies. It commences by looking at the different approaches and a descriptive measure used, and then repeats this exercise for the prescriptive literature. It then looks at differences between the prescribed allocations of the different approaches used in the literature. These allocations are then compared with actual allocations and evaluated against various normative criteria. This reveals significant differences, both between prescribed and actual allocations and the evaluations of the different prescriptive approaches.
Language eng
Field of Research 140219 Welfare Economics
Socio Economic Objective 970114 Expanding Knowledge in Economics
HERDC Research category C1.1 Refereed article in a scholarly journal
Copyright notice ┬ęCopyright 2004 Elsevier Inc. All rights reserved.
Persistent URL http://hdl.handle.net/10536/DRO/DU:30028861

Document type: Journal Article
Collection: Alfred Deakin Research Institute
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