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Article
An Equal-Opportunity Approach to the Allocation of International Aid
Journal of Development Economics (2001)
  • Humberto Llavador, Universitat Pompeu Fabra
  • John E. Roemer, Yale University
Abstract
How should international aid be distributed? The most common view is according to some utilitarian formula: in order to maximize the average growth rate of aid recipients or the growth rate of income of the class of recipient countries. Recently, the The World Bank [The World Bank, 1998. Assessing aid, World bank policy research report] has published a study demonstrating the importance of good economic management, within a recipient country, in transforming aid into economic growth. We identify good economic management with effort, and ask, how should aid be distributed to equalize opportunities [among recipient countries] for achieving growth, according to Roemer's theory of equal opportunity [Roemer, J.E., 1998. Equality of Opportunity. Harvard University Press, Cambridge, MA]
Keywords
  • International aid; equality of opportunity; utilitarianism
Disciplines
Publication Date
2001
Citation Information
Humberto Llavador and John E. Roemer. "An Equal-Opportunity Approach to the Allocation of International Aid" Journal of Development Economics Vol. 64 Iss. 1 (2001)
Available at: http://works.bepress.com/humberto_llavador/6/