Effective Foreign Aid, Economic Integration And Subsidiarity: Lessons from Europe

Chowdhury, Abdur and Garonna, Paolo (2007) Effective Foreign Aid, Economic Integration And Subsidiarity: Lessons from Europe. [Working Paper]. CASE Center for Social and Economic Research, Warsaw, Poland. p. 31. CASE Network Studies and Analyses (No. 346). (Submitted)

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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 egional level conducive to economic growth. The recipient countries of development assistance have much to learn from the European experience.

Item Type: Report / Paper (Working Paper)
Research documents and activity classification: Working Papers > Non-Refereed Working Papers / of national relevance only
Divisions: Department of Business and Management
Additional Information: Posted on SSRN Working Paper Series on 23rd July 2009
Uncontrolled Keywords: Foreign Aid, Economic Integration, Subsidiarity
MIUR Scientific Area: Area 13 - Economics and Statistics > SECS-P/01 Political Economy
Deposited by: Maria Teresa Nisticò
Date Deposited: 22 Nov 2010 15:11
Last Modified: 22 Apr 2015 00:13
URI: http://eprints.luiss.it/id/eprint/730


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