Measuring Aid Flows: A New Approach

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dc.creator Chang, Charles C.
dc.creator Fernández-Arias, Eduardo
dc.creator Servén, Luis 2011-02-04T21:20:02Z 2011-02-04T21:20:02Z 1998-12-01 1998-12 2014-09-08T22:53:54Z 2014-09-08T22:53:54Z 2014-09-08
dc.description The debate on the effectiveness of foreign aid has intensified in recent years as aid has come under increasing budgetary pressures in donor countries. Whatever the merits of the opposing arguments, the fundamental issue arises of whether conventionally-used measures of aid such as ODA, which lump together grants and loans, accurately reflect true aid flows. This paper analyzes the methodological shortcomings of conventional aid measures, and proposes a new valuation approach that measures official aid flows as the sum of grants and the grant equivalents of official loans. This conceptually superior aid measure can diverge significantly from the conventional aggregates and provide a quite different view on major aid trends.
dc.format 34
dc.format ACROBAT
dc.language en
dc.relation Working Paper Series; 387
dc.subject Social Policy & Protection
dc.subject Política social y protección
dc.subject Interest rates
dc.subject Tasas de interés
dc.subject Effective Development Assistance
dc.subject EDA
dc.subject aid flows
dc.subject development assistance
dc.subject ODA
dc.subject Official Development Assistance
dc.subject WP-387
dc.title Measuring Aid Flows: A New Approach
dc.type Working Papers

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