Are donor countries giving more or less aid? /

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Bibliographic Details
Author / Creator:Gupta, Sanjeev, author.
Imprint:[Washington, D.C.] : International Monetary Fund, African Dept., 2006.
Description:1 online resource (27 pages) : color illustrations
Language:English
Series:IMF working paper ; WP/06/1
IMF working paper ; WP/06/1.
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/12494908
Hidden Bibliographic Details
Other authors / contributors:Pattillo, Catherine A. (Catherine Anne), author.
Wagh, Smita, author.
International Monetary Fund. African Department.
ISBN:1282448307
9781282448308
9781451907971
1451907974
Notes:"January 2006."
Title from title screen (viewed Aug. 31, 2009).
Includes bibliographical references (pages 23-27).
Summary:The volume of foreign aid has increased during the last four decades, albeit with interruptions in certain years. Over time, the major recipients have changed: while the share of aid to Asia has diminished since the 1980s, that destined for sub-Saharan Africa has grown. There is some evidence that, since the late 1990s, debt relief has assumed a larger share of the increased aid flows to sub-Saharan Africa. The share of technical cooperation-a component of aid that is viewed as being driven by donors-has risen. More recently, there has been an increased emphasis on providing budget support to recipient governments, especially in the form of debt relief. Donor harmonization, national ownership of development plans, and sound policies on the part of the recipients are crucial for the aid to be effective in reducing poverty.