Category Archives: Aid, trade and debt

Outline and explain two reasons why trade does not always promote development (10)

One reason is that poorer countries tend to export low-value primary products such as agricultural goods, while richer countries export higher value goods. Frank (1971) argues this is a legacy of colonialism during which rich countries made their colonies specialize … Continue reading

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Does Aid Work? The Aid Audit

Does Aid Work? The Aid Audit: Below is a summary of this World Service Podcast from 2015 Intro ‘Fifteen years ago, German journalist, Ulli Schauen helped compile a book of the top 500 global aid programmes… they ranged from schools … Continue reading

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How Private Aid Foundations Influence Economic Policy in Developing Countries

It could be used in the Global Development topics on ‘Organisations in Development’ or ‘the role of Private Aid in Development’ A flow chart of what’s below would run something like this… TNCs (pump their profits into their) – Charitable … Continue reading

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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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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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