Can Foreign Aid End Poverty?
The following paper assesses foreign aid’s impact on poverty. While there has been a growing amount of papers that have studied the impact of aid on different economic growth outcomes, only a few of these contributions have focused on poverty. Among them, there have been several studies that have studied multidimensional measures with a large part of the literature going back prior to the 2000s. This paper aims to revisit the relationship and assess foreign aid’s impact on poverty between 1992 and 2017, with Official Development Assistance (ODA) as an independent variable and Human Development Index (HDI) as a dependent variable. By using a multiple regressions approach while using both entity and time fixed effects, the paper concludes that foreign aid does help reduce poverty by improving HDI, which includes aspects of education, health and standard of living. This improvement, however, is fairly limited with a percentage increase in aid associated with only approximately .002 percentage increase in HDI, holding constant relevant control variables. The impact for countries categorized as ‘lower-income’, however, seem to be slightly more meaningful. This study, thus, shows that aid’s influence changes between nations that have different economic conditions, while also helping develop lessons for future aid-poverty policies as well.
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The Ethics of Poverty and the Poverty of Ethics: The Case of Palestinian Prisoners in Israel Seeking to Sell Their Kidneys in Order to Feed Their Children Epstein, Miran (2007-08)Bioethical arguments conceal the coercion underlying the choice between poverty and selling ones organs.