Author Archives: Karl Thompson

More Arguments for Official Development Aid

The following two thinkers argue that aid can work, but it needs to be better targeted in order to be effective. This is really a return to ‘neo-modernisation theory’. Paul Collier (2008) Collier’s analysis of aid suggests that aid is … Continue reading

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Criticisms of Official Development Aid

Criticism 1 – The most vociferous recent critiques of Official Development Aid comes in the form of Dambisa Moyo’s recent book (2009) Dead Aid: Why Aid is not Working And How there is another way for Africa. At root, her … Continue reading

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Arguments for Official Development Aid

Early modernisation theorists believed that it was essential to inject aid into countries to establish infrastructure and change attitudes. From the 1950s to 70s aid programs seemed to have a positive effect on many developing countries as both economic and … Continue reading

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Different Types of Aid in International Development

Aid refers to any flow of resources from developed countries to the developing world. Aid can come in the form of money, technology, gifts or training, and can either be provided in the form of a grant which does not … Continue reading

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What is Happiness?

 Happy – lucky, fortunate; contented with one’s lot, glad or pleased[i] Synonyms [of happy]: Pleasure, joy, exhilaration, bliss, contentedness, delight, enjoyment, satisfaction.[ii] “Happiness is the meaning and purpose of life, the whole aim and end of human existence” (Aristotle) [iii] “The very … Continue reading

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The Role of the World Trade Organisation in International Development

The World Trade Organisation (WTO) is the body through which governments and businesses (mainly TNCs) negotiate the rules of trade, and settle trade disputes once these rules have been established. The concept of the WTO first began with the 1947 … Continue reading

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Arguments Against Trade as a Strategy for Development

Andre Gunder Frank (1971) argues that the reason trade doesn’t work for poor countries is a legacy of colonialism – before independence, the colonizing power simply took these commodities. After independence, developing societies are often still over-dependent on exporting these … Continue reading

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Arguments for Trade as a Strategy for Development

‘Free’ trade* refers to the relative absence of government interference in the affairs of private businesses and the consumers who buy their products. Free trade depends on free trade agreements. Free Trade agreements are policies established between countries and private businesses … Continue reading

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Criticisms of the World Bank

The World Bank claims that its major goal is to promote global development through poverty reduction, but there are many critics who argue this is a smoke-screen, and the real aim of the World Bank is to use conditional loans … Continue reading

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The Role of the World Bank in International Development

The World Bank’s main function is to provide long-term loans to developing countries for development. These loans support a wide array of investments in such areas as education, health, infrastructure, agriculture, and environmental and natural resource management.   According to … Continue reading

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