Graduate level, 7.5 credit points
The role of aid in the development process for long-termeconomic growth, poverty reduction and improving quality of life is a classic theme inboth Economic History and Development Economics.The aim of this course is to analyze the theoretical and ideological underpinnings,practical implementation and long-term effects of aid directed towards thedeveloping countries from 1950s onwards.It takes as a point of departure the contemporary, and animated, debate on the fruitfulness of aid to assess success or failure of different types of both bilateral andmultilateral aid initiatives in a historical perspective. It also considers the implications of the rapidly changing aid landscape in terms of new aid actors and alternatives toaid during the changes taking place in the global economy. The real-world practiceand allocation in terms of aid flows and donor preferences will be related to thedevelopment needs of recipient countries. Empirically, the course will have a broad geographical scope including experiencesfrom Asia, Latin America and Africa. This will allow for a deeper understanding of notonly cases where development aid has played a prominently conducive role fordevelopment but also cases where it has impeded economic and social progress.