World Economics - Insight , Analysis and Data

World Economics - Insight , Analysis and Data
Going Beyond Averages
M.G. Quibria
World Economics, March 2013

One of the persistent, unresolved controversies of economic development is the effectiveness of development assistance – whether foreign aid contributes to economic development. This article argues that this controversy is largely an artefact of a methodology that focuses on the ‘averages’ and pays inadequate attention to the specific characteristics of individual societies. For enhancing aid effectiveness, one needs to discard the one-size-fits-all approach, and adopt a more nuanced, tailor-made strategy based on a comprehensive understanding of specific countries.

Download paper

Related thinking:
    The Poverty of Statistics: Military Power, Defence Expenditure and Strategic Balance
Jan Ludvík
World Economics, March 2015
    Measuring Employment in Developing Countries
Nomaan Majid
World Economics, September 2014
    Measuring Global Poverty Right
M. G. Quibria
World Economics, December 2005

© Copyright World Economics Ltd. 2017