Aid in Transition EU Development Cooperation with Russia and Eurasia

This book is the one of the first—if not the first one—to address aid effectiveness from a comparative economics perspective. Since the collapse of the Soviet Union and the transition of its republics to market structures and representative forms of gover

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Aid in Transition

EU Development Cooperation with Russia and Eurasia

Aid in Transition

Theocharis N. Grigoriadis

Aid in Transition EU Development Cooperation with Russia and Eurasia Foreword by Prof. Axel Dreher

Theocharis N. Grigoriadis Freie Universita¨t Berlin Berlin, Germany

ISBN 978-1-4614-6581-2 ISBN 978-1-4614-6582-9 (eBook) DOI 10.1007/978-1-4614-6582-9 Springer New York Heidelberg Dordrecht London Library of Congress Control Number: 2014949151 © Springer Science+Business Media New York 2015 This work is subject to copyright. All rights are reserved by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. Exempted from this legal reservation are brief excerpts in connection with reviews or scholarly analysis or material supplied specifically for the purpose of being entered and executed on a computer system, for exclusive use by the purchaser of the work. Duplication of this publication or parts thereof is permitted only under the provisions of the Copyright Law of the Publisher’s location, in its current version, and permission for use must always be obtained from Springer. Permissions for use may be obtained through RightsLink at the Copyright Clearance Center. Violations are liable to prosecution under the respective Copyright Law. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. While the advice and information in this book are believed to be true and accurate at the date of publication, neither the authors nor the editors nor the publisher can accept any legal responsibility for any errors or omissions that may be made. The publisher makes no warranty, express or implied, with respect to the material contained herein. Printed on acid-free paper Springer is part of Springer Science+Business Media (www.springer.com)

To my parents, Niko and Efi. With infinite love.

Foreword

A Google Scholar count of “development aid” shows almost 100,000 articles. Among the most widely cited papers in this field of study are those evaluating the effect of foreign aid on the recipient countries’ rate of economic growth. These studies are criticized for ignoring the multitude of donors’ objectives and modalities when allocating aid, thereby failing to establish a robust link between aid and outcomes. Contemporaneous research addresses this concern by (1) disentangling aid from a large range of different donors rather than lumping aid from all donors together, (2) investigating the effect of aid on more fine-grained outcomes than overall growt