A Half Penny on the Federal Dollar: The Future of Development Aid

O'Hanlon, Michael, and Graham, Carol

ISBN 10: 0815764456 / ISBN 13: 9780815764458

Edité par Brookings Institution Press, Washington, DC, 1997

A propos de cet article

xiii, 102 p. Illustrations. In this book, O'Hanlon and Graham focus on the U.S. 's international spending, primarily on foreign assistance; placing official development assistance in a broad historical, international, and economic perspective. From the back cover: O'Hanlon and Graham have tackled an important but often ignored subject: Foreign aid for the poorest countries. Rather than argue for throwing more resources at the problem, they advocate a more selective U.S. approach: targeting development assistance to countries that have adopted sound economic policies. This book-and this approach-bears close scrutiny. Both Congress and the executive branch are looking for new ways to structure foreign assistance, especially ones that do not require significantly increased spending. The ideas outlined in this book, if adopted, could help restore congressional support for reasonable levels of foreign assistance. Very good. No dust jacket as issued.

N° de réf. du vendeur 60556

Détails bibliographiques

• Titre: A Half Penny on the Federal Dollar: The Future of Development Aid
• Éditeur: Brookings Institution Press, Washington, DC
• Date de parution: 1997
• Langue: anglais
• ISBN à 10 chiffres: 0815764456
• ISBN à 13 chiffres: 9780815764458
• Reliure: Trade paperback
• Édition: First edition. First printing [stated].

A propos de ce titre

Synopsis

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Spending on U.S. foreign affairs, which constitutes only about one percent of the federal budget, is being sharply reduced. Under the President's 1996 budget plan, it will decline by just as great a percentage as defense between 1990 and 2002--and by substantially more than defense over the 1980-2002 period. No other major category of federal spending will undergo a real cut over either time period. The shrinking budget, totaling about $19 billion in 1997, will still have to fund the State Department, international broadcasting and educational exchanges, trade subsidies and investment guarantees for U.S. business overseas; United Nations operations including peacekeeping, and all types of foreign assistance.

In this book, O'Hanlon and Graham focus primarily on this last component of international spending. Specifically, they analyze U.S. official development assistance (ODA) to poor countries. The authors place U.S. ODA in a broad historical, international, and economic perspective. They then recommend an alternative approach to ODA for the United States as well as other donors. They favor continuing to provide humanitarian and grass-roots aid to most poor countries, but providing ODA to promote macroeconomic growth only to those countries that maintain coherent, market-oriented economic policy frameworks. The authors argue that to provide effective aid, as well as to maintain U.S. leadership in world affairs, net resources for ODA and the international account need to increase only modestly.

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À propos de l?auteur

Michael O'Hanlon is the director of research and a senior fellow in the Foreign Policy program at the Brookings Institution, where he holds the Sydney Stein Jr. Chair. His books include The Science of War (Princeton University Press, 2009) and numerous Brookings books.Carol Graham is a senior fellow in the Economic Studies program and codirector of the Center on Social and Economic Dynamics at the Brookings Institution.