Potential Pitfalls in Private Aid: A Cautionary Note for Non-Governmental Assistance

Duncan, Thomas K.

Potential Pitfalls in Private Aid: A Cautionary Note for Non-Governmental Assistance

in Nabamita Dutta and Claudia R. Williamson (eds.), Lessons on Foreign Aid and Economic Development: Micro and Macro Perspectives, Palgrave Macmillan, Forthcoming

24 Pages Posted: 4 Dec 2018 Last revised: 5 Dec 2018

See all articles by Thomas K. Duncan

Thomas K. Duncan

Radford University - Department of Economics

Date Written: November 5, 2018

Abstract

This chapter highlights the increasing utilization of private aid in economic development. While there is a broad appeal for using private development assistance over official development assistance, limitations to effectiveness do remain. Those who view private aid as a cure-all for development and humanitarian projects may assume too much. Private aid faces many of the same or similar issues as official aid. An understanding of these particular challenges is important for those who desire to improve the condition of those abroad, and a cautious approach is advised.

Keywords: private development assistance, foreign aid, non-government organizations, humanitarian action, economic development

JEL Classification: O10, O20, P16

Suggested Citation: Suggested Citation

Duncan, Thomas, Potential Pitfalls in Private Aid: A Cautionary Note for Non-Governmental Assistance (November 5, 2018). in Nabamita Dutta and Claudia R. Williamson (eds.), Lessons on Foreign Aid and Economic Development: Micro and Macro Perspectives, Palgrave Macmillan, Forthcoming, Available at SSRN: https://ssrn.com/abstract=3278858