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Competing development paradigms and alternative evaluations of aid effectiveness: challenging the dominant neoliberal vision

McKay, John 2016, Competing development paradigms and alternative evaluations of aid effectiveness: challenging the dominant neoliberal vision. In Jakupec, Viktor and Kelly, Max (ed), Assessing the impact of foreign aid: value for money and aid for trade, Academic Press (Elsevier), Cambridge, Mass., pp.31-44, doi: 10.1016/B978-0-12-803660-0.00003-9.


Title Competing development paradigms and alternative evaluations of aid effectiveness: challenging the dominant neoliberal vision
Author(s) McKay, John
Title of book Assessing the impact of foreign aid: value for money and aid for trade
Editor(s) Jakupec, Viktor
Kelly, MaxORCID iD for Kelly, Max orcid.org/0000-0002-0036-5259
Publication date 2016
Chapter number 3
Total chapters 16
Start page 31
End page 44
Total pages 14
Publisher Academic Press (Elsevier)
Place of Publication Cambridge, Mass.
Keyword(s) development policy
role of aid
neoliberalism
Global Financial Crisis
Summary In the period since the end of the Second World War, thinking about the ways in which development takes place and can be fostered has gone through a series of fundamental shifts, and in each of the paradigms that have been dominant at particular times the role of aid has been given a quite different emphasis. In this chapter the nature of each of these major periods in development thinking is outlined, along with an exploration of changing priorities for aid policy, and hence of the criteria that might be used to evaluate aid effectiveness. The aim, then, is to develop an understanding of the political economy of aid policy, moving well beyond restricted economic criteria to encompass political considerations as well as insights from a range of other disciplines. Particular attention is given to the current neoliberal agenda, which in spite of many attacks since the Global Financial Crisis has retained its dominant position. It is argued that this produces a development and aid agenda that enhances a starkly unequal income distribution, and that ways in which a new paradigm that places more emphasis on the common good can be created must be explored.
ISBN 9780128036600
Language eng
DOI 10.1016/B978-0-12-803660-0.00003-9
Field of Research 160607 International Relations
Socio Economic Objective 970116 Expanding Knowledge through Studies of Human Society
HERDC Research category B1 Book chapter
ERA Research output type B Book chapter
Copyright notice ©2016, Academic Press (Elsevier)
Persistent URL http://hdl.handle.net/10536/DRO/DU:30084970

Document type: Book Chapter
Collection: School of Humanities and Social Sciences
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