Foreign Aid in South Asia examines the individual South Asian country experience in dealing with foreign aid. The articles in this book show that the effectiveness of foreign aid as a developmental tool over the last few decades has been mixed, and that the Paris Declaration of 2005 has brought about some improvement in aid ownership, harmonization, mainstreaming, utilization, etc. The book examines how emerging as well as less developed South Asian economies are adapting to these developments in the context of security issues, post-conflict rehabilitation/reconstruction, and so on.

The book provides many lessons for designing an international framework for aid or international aid architecture through case studies, highlighting the future policy priorities for that country. For the very first time, focus is laid on Bhutan, Maldives and Afghanistan—the three least-documented countries in the region—besides discussing about India, Pakistan, Bangladesh, Sri Lanka and Nepal.

Overview of Global Reforms in Foreign Aid

Overview of Global Reforms in Foreign Aid

Overview of global reforms in foreign aid
IndrajitCoomaraswamy

Introduction

The international aid architecture may be defined as the world's agencies, institutions and systems for managing the transfer of resources (finance and expertise) to low-income countries. In recent years, the aid industry has been experiencing significant changes. Aid volumes have increased since the Millennium Summit and subsequent commitments made by G-8 leaders at their Gleneagles meeting. However, the recession in the US and Europe is constraining future prospects for aid volumes. At the same time, the aid architecture is characterized by a proliferation of agencies and special purpose vehicles. The United Nations Development Programme (UNDP) has estimated that there are over 1000 financing mechanisms.

Since 2002 there have been several multilateral initiatives that ...

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