VISION ON EFFECTIVE AID AND DEVELOPMENT

Aids by public or private organizations are often criticized for their negative effects. Aid does not contribute to economic growth and poverty reduction but a great concern given the role that aid isexpected to play in achieving specified objectives and promotion of under developed areas. The many developmental objectives that aid is expected to achieve are based on the fundamental assumption that aid achieve developmental outcomes. Feeny (2004) concludes that growth in the many countries would have been lower in the absence of aid. Burnside and Dollar (2000) aid works in all countries it works better in countries with better policy regimes. Kosack (2003) found that, contingent on the extent of democracy in beneficiary countries, aid was positively associated with the level of wellbeing achievement among countries. This paper focuses on vision on effective aid & development.