POLI 1501 Lecture Notes - Lecture 21: Global Health, Moral Hazard
29 Apr 2019
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Anything we give to a foreign government (money, services, etc. ) Totalling is tricky because 20 different agencies give aid to other countries. About 1. 2% total spent and 4. 3% of discretionary (not mandatory like social. Interest on us debt is about billion. Economic aid (includes aid for strategic goals) - billion. Afghanistan - . 4 billion (economic support fund) Pakistan - million (economic support fund) . 7% development aid as % gdp (us not support) Development aid - something we think about as foreign aid. Oecd says that each country should give. 7% of gdp. Aid leads to growth. has no effect, decreases growth. Others argue that the effect of aid on economic growth is conditioned on other factors. Democracy - when a country is democratic, it is more able to translate aid into growth. Others argue that the effect of aid on growth is indirect. It"s not how much aid you give, it is how effective it is.
