✦ LIBER ✦

New face of development assistance: public goods and changing ethics

✍ Scribed by Todd Sandler; Daniel G. Arce

Publisher: John Wiley and Sons
Year: 2007
Tongue: English
Weight: 139 KB
Volume: 19
Category: Article
ISSN: 0954-1748
DOI: 10.1002/jid.1385

No coin nor oath required. For personal study only.

✦ Synopsis

Abstract

This article indicates the policy implications of the increasing emphasis of public goods in foreign assistance. Even the Millennium Development Goals (MDGs) reflect this public good emphasis. This changing composition of aid has important ethical implications: public good aid is driven by altruism and self‐interest owing to benefit spillovers to donor nations. We show how key properties of publicness influence not only the desired direction of income transfers, but also the identity of the appropriate donor (i.e. donor nation, multilateral agency, or charitable foundation). The article also highlights how the spatial spillovers of public goods affect aid decisions. Finally, we relate five essential sectors to their public good properties and policy implications. Copyright © 2007 John Wiley & Sons, Ltd.

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