Does Development Aid Stimulate a Progress in Achievement of Millennium Development Goals?
| Authors | |
|---|---|
| Year of publication | 2011 |
| Type | Article in Proceedings |
| Conference | Proceedings of the 6th International Conference on Institutions and Economic Performance. |
| MU Faculty or unit | |
| Citation | |
| Keywords | Millennium development goals, development, development aid |
| Description | This paper focuses on the joint effort of the development organizations and countries in reaching the Millennium Development Goals. The aim of the paper is to find out whether received volume of the official development aid is positively reflected in a progress of achieving selected Millennium Development Goals and other important indicators of economic development. The estimation results suggest that in most cases volume of the official development aid is weakly related to real development as measured by MDGs. However, the positive effects of development aid can be seen also in integration of a country into extensive development strategy. |