Jump to ContentJump to Main Navigation
Development Cooperation in Times of Crisis$
Users without a subscription are not able to see the full content.

José Antonio Ocampo and José Antonio Alonso

Print publication date: 2012

Print ISBN-13: 9780231159661

Published to Columbia Scholarship Online: November 2015

DOI: 10.7312/columbia/9780231159661.001.0001

Show Summary Details
Page of

PRINTED FROM COLUMBIA SCHOLARSHIP ONLINE (www.columbia.universitypressscholarship.com). (c) Copyright University of Minnesota Press, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in CUPSO for personal use.date: 14 June 2021

The Economic Crisis and the International Aid

The Economic Crisis and the International Aid

Chapter:
(p.142) Chapter 4 The Economic Crisis and the International Aid
Source:
Development Cooperation in Times of Crisis
Author(s):

Andrew Mold

Annalisa Prizzon

Publisher:
Columbia University Press
DOI:10.7312/columbia/9780231159661.003.0004

This chapter examines the effect the financial crisis may have on development funding and on flows of international aid. The results of previous crises have been varied, indicating that the effect on aid is highly dependent on the severity of a given crisis and on the political will of governments and the priorities that they establish. Examples of other periods of instability reveal that if a fall in resources occurs, it tends to happen some time after the start of the crisis (one year to two years later). This helps explain the relative stability of aid flows during the first phases of the current crisis and suggests that the effects of the recession on aid may yet be felt during later budgetary cycles. It is, therefore, essential to emphasize the need for countries to maintain their international aid commitments.

Keywords:   2008 financial crisis, development funding, international aid, governments, aid flows, international aid, recession

Columbia Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs, and if you can't find the answer there, please contact us .