Foreign aid and poverty reduction in developing countries: a systematic literature review
This systematic literature review examines the relationship between foreign aid and poverty reduction in developing countries. The review identified and analyzed 50 relevant studies that were published between 2010 and 2021. The studies were selected based on specific inclusion criteria, includin...
Saved in:
Main Authors: | , , , , |
---|---|
Format: | Article |
Language: | English |
Published: |
The European Academy of Sciences Ltd
2023
|
Subjects: | |
Online Access: | http://irep.iium.edu.my/107184/1/107184_Foreign%20aid%20and%20poverty%20reduction.pdf http://irep.iium.edu.my/107184/ https://conferencii.com/en/archive |
Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
Summary: | This systematic literature review examines the relationship between foreign aid
and poverty reduction in developing countries. The review identified and analyzed 50 relevant
studies that were published between 2010 and 2021. The studies were selected based on specific
inclusion criteria, including a focus on foreign aid and poverty reduction in developing countries.
The results of the review indicate that foreign aid can play a positive role in poverty reduction when
it is effectively targeted and implemented in conjunction with good governance. The studies suggest
that aid can be used to finance critical social development programs such as healthcare, education,
and poverty reduction initiatives. The review also highlights several challenges associated with
foreign aid, including the potential for aid dependency, the risk of creating distortions and
undermining local institutions, and the issue of corruption in countries with weak governance.
Overall, the literature suggests that foreign aid can play a critical role in promoting poverty
reduction in developing countries, but that its effectiveness depends on a range of contextual
factors. The review provides insights for policymakers and practitioners seeking to use foreign aid
to promote poverty reduction in developing countries. |
---|