Record Details

An Inflow of Foreign Aid in Nepal

Economic Journal of Nepal

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Field Value
 
Title An Inflow of Foreign Aid in Nepal
 
Creator Karna, Sohan Kumar; Associate Professor, CEDECON
 
Subject Economics
Foreign aid; Economic development; Poverty reduction
Foreign aid
 
Description Foreign aid is a much debated and controversial phenomenon. The debate is mainly centered on whose interest aid actually serves—the recipients' or donors'. Intellectuals, thinkers. development practitioners and writers have experienced difficulty on the rationale, adequacy, efficiency and effectiveness of aid. Traditionally, foreign aid sus supposed to overcome the savingsinvestment gap. Hard currency and technological shortages in recipient countries, which would ultimately uplift the developing economy and living standards of people. As understandings of development changed from being not so much a materialistic pursuit but a humanitarian one, the rationale for aid likewise shifted from being needed to fulfill hard economic aggregates to contributing to human development through poverty reduction for socioeconomic. Political and cultural enhancement. Increased aid over the years has helped reduce poverty and create a just and equal world.Key words: Foreign aid; Economic development; Poverty reductionEconomic Journal of NepalA Quarterly Publication of the Central Department of Economics, Tribhuvan University, Kirtipur, KathmanduVol. 30, No.4, October-December, Issue No. 120, 2007Page: 201-214Uploaded date: 22 July, 2011
 
Publisher Central Department of Economics Tribhuvan University
 
Contributor
 
Date 2011-07-26
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion


 
Identifier https://www.nepjol.info/index.php/EJON/article/view/5147
 
Source Economic Journal of Nepal; Vol 30, No 4 (2007); 201-214
 
Language en
 
Coverage Nepal