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Chapter 6

Aid Flows

D. Cassimon, D. Essers, R. Renard and K. Verbeke

Institute of Development Policy and Management (IOB), University of Antwerp, Antwerp, Belgium

Outline

Introduction

Situating Aid Flows Within Financial Globalization

The Particularities of Aid Flows

Aid Effectiveness and the NAA

Recipient Participation and Country Ownership

Harmonization and Alignment

Country Selectivity

Division of Labor

Importance of Budget Support

The Debate on Aid Effectiveness

Interaction of Aid Flows with the Larger Global Financial Architecture

Aid as a Catalyst, Complement, or Substitute?

Aid as a Stabilizing or Insurance Mechanism?

Aid Flows in the Global Financial and Economic Crisis

Introduction

A substantial subset of developing ...

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