scholarly journals Lack of foreign aid effectiveness in developing countries between a hammer and an anvil

2016 ◽  
Vol 9 (1) ◽  
pp. 82-99 ◽  
Author(s):  
Moosa Elayah

This article examines reasons for the ineffectiveness of foreign aid interventions in developing countries, using the examples of Yemen, Egypt and Jordan. It starts with a review of two contradictory theories used to explain foreign aid ineffectiveness: the public interest perspective (PIP) and the public choice perspective (PCP). On the basis of the PCP, this article shows that deficiencies are locked within a vicious circle of a poor policy and institutional environments in developing countries and donors' self-interest. The article ends by proposing a third explanation of foreign aid ineffectiveness that goes beyond the scope of the PCP.

Author(s):  
Sarah Blodgett Bermeo

This chapter introduces the role of development as a self-interested policy pursued by industrialized states in an increasingly connected world. As such, it is differentiated from traditional geopolitical accounts of interactions between industrialized and developing states as well as from assertions that the increased focus on development stems from altruistic motivations. The concept of targeted development—pursuing development abroad when and where it serves the interests of the policymaking states—is introduced and defined. The issue areas covered in the book—foreign aid, trade agreements between industrialized and developing countries, and finance for climate change adaptation and mitigation—are introduced. The preference for bilateral, rather than multilateral, action is discussed.


Author(s):  
Keith L. Dougherty

This chapter describes how the public-choice perspective has provided new insights into the U.S. Constitutional Convention of 1787. It reviews articles on the impact of the rules of the Convention, attempts to infer delegate votes, and reviews how public choice has helped us understand the adoption of various clauses in the Constitution and studies of the Beard thesis.


2019 ◽  
Vol 11 (1) ◽  
pp. 1-22
Author(s):  
Dimitrii Trubnikov

Purpose – The liberalization of European telecommunications has been expressed in highly concentrated markets with several major players at the pan-European level. Instead of fostering competitive marketplaces, the reform has created an oligopolistic landscape with powerful private corporations. This induces reasonable questions about the real objectives and the chosen ways of the reform. Methodology/approach/design – The deregulatory movement in the telecommunications sector is analyzed through contrasting perspectives of the public interest approach and public choice theory. Findings – The chance to change the landscape of the industry has been missed, and the current trend towards the global oligopolistic marketplace yields an unprecedented amount of economic power to narrow groups at the global scale. The liberalization movement introduced market mechanisms in the industry, but the real free and open market has never been formed, and it is possible to assert that it has never been among the real objectives and intentions of the policymakers. Originality/value – The recent surge of “liberalization” in the telecommunications industry speaks rather in favor of the hypothesis of vested private interests in the policy and that they have always been greatly covered by the sauce of public interest justifications. The case of telecommunications shows that ideas and understanding of economic phenomena played an important role in adoption of regulatory regimes, and it is apparent that people on the top of the social pyramid have opportunities to pick up and foster those ideas that better fit their private needs.


2019 ◽  
pp. 261-313
Author(s):  
Jean Drèze

This chapter covers a range of issues that do not fit in earlier chapters. These include urban poverty, universal basic income, the Gujarat model, electoral politics, India's bullet train, the economics of corruption, the aberrations of the caste system, and India's disastrous experience with demonetisation in late 2016. The book concludes with an extended essay on “Development and Public‐spiritedness”. This essay takes issue with the notion, common in economics, that people generally act out of self‐interest. This assumption has no theoretical or empirical basis. Public‐spiritedness, in the sense of a reasoned habit of consideration for the public interest, is a common feature of social life. Expanding the scope of public‐spiritedness is an important aspect of social development.


2020 ◽  
pp. 214-234
Author(s):  
Jon Elster

This chapter emphasizes the incompleteness of knowledge on key economic variables, which is in part due to the reluctance of individuals, from all social classes, to comply with requests for information. It notes how individuals and institutions had an incentive to misreport, exaggerate, or understate their income and property. At a different level, statements by royal officials, venal magistrates, and elected deputies can rarely be taken at face value. The chapter analyzes the universal tendency of speakers or writers to disguise self-interest or group interest as the public interest. It also argues that by the end of the ancien régime, public opinion was considered a poor substitute for publicity as it is often based on rumors rather than on facts in the public domain.


2011 ◽  
Vol 23 (3) ◽  
pp. 303-319 ◽  
Author(s):  
D. Roderick Kiewiet ◽  
Michael S. Lewis-Beck

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