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Aid as a Catalyst
Author(s) -
Pronk Jan P.
Publication year - 2001
Publication title -
development and change
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.267
H-Index - 93
eISSN - 1467-7660
pISSN - 0012-155X
DOI - 10.1111/1467-7660.00219
Subject(s) - corporate governance , function (biology) , prime mover , prime (order theory) , business , aid effectiveness , prime minister , political science , good governance , economics , public economics , economic growth , developing country , engineering , finance , law , politics , biology , mechanical engineering , mathematics , combinatorics , evolutionary biology
This article argues that aid is not the prime mover of development, but rather a catalyst. It might be used as a reward for good development governance. However, it will fulfil its catalytic function better by creating conditions for policy improvement. Better governance should be seen not only as a pre‐condition for development and for development aid, but also as a development objective in itself. This is particularly true for aid recipient countries in disarray.