Please use this identifier to cite or link to this item: http://hdl.handle.net/10397/55883
Title: Does the European Union’s development aid policy require a major policy rethink?
Authors: Talesco, C
Keywords: European Union
Development
Foreign aid
China
Peace-building
Issue Date: 2014
Publisher: Grafo 7 Editrice
Source: Palaver, 2014, v. 3, no. 2, p. 101-114 How to cite?
Journal: Palaver 
Abstract: This essay attempts to establish whether the current development aid policy of the European Union would need a major policy rethink. In fact, in a period of austerity, fiscal consolidation is prima facie understandable, and hence cuts on foreign aid funds. However, is it really about cutting on aid? Or is it about aid effectiveness and the challenges posed by the new emerging economies? Scholars have been pointing out the need for a cohesive aid structure, because at present the shared competence between the EU and the member states is creating a fragmented European aid agenda. For the purpose of this essay, I will strictly consider the impact that the European development aid policies have on its image abroad. I will answer the abovementioned questions by asserting that a major rethink of the EU development aid policies should be accompanied by a win-win situation for donor and recipient countries by investing in the private sector. This new approach will solve the lack of effectiveness of the current patchy European aid projects, and also the challenges posed to the EU aid regime by the emerging economies. Moreover, this essay argues that cutting on aid could be perilous for the future of the EU, especially when such cuts will affect African recipients.
URI: http://hdl.handle.net/10397/55883
ISSN: 2280-4250
DOI: 10.1285/i22804250v3i2p101
Appears in Collections:Journal/Magazine Article

Access
View full-text via PolyU eLinks SFX Query
Show full item record

Page view(s)

15
Last Week
1
Last month
Checked on Aug 13, 2017

Google ScholarTM

Check

Altmetric



Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.