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Case Study: Aid, debt relief and trade: an agenda for fighting world poverty

Title
Aid, debt relief and trade: an agenda for fighting world poverty 

Author
Alfaro, L; Werker, E; Kim, R 

Pages
29 

Product Type
 

Reference #
9-707-029 

Teaching Note
5-707-049 

Institute

Setting
Africa 

Year
2007 

Keywords
Debt management; Developing countries; Economic conditions; International trade; Macroeconomics; Non-profits



Summary/
Abstract
At the 2005 Group of Eight summit, world leaders agreed to relieve the world's poorest countries' debt burden and double aid to Africa by 2010. The announcement raised questions whether debt relief would really help the poor. By examining past aid trends and policies of multilateral institutions, such as the International Monetary Fund and the World Bank, this case also questions whether aid can allow poor countries to break their vicious cycle of poverty, and / or how aid can be used effectively

 


 

 

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