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New Frontiers in Regional Science: Asian Perspectives

Effects of Foreign Aid

Evidence from Thailand

Authors: Sakurai, Hiroaki

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  • Proposes a comprehensive empirical method to measure the impact of foreign aid on economic growth
  • Uses applied econometric time series analysis to show the influence of foreign aid on a fiscal budget
  • Analyzes the relationships among major international aid agencies in the short term and long term
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eBook $89.00
price for USA in USD
  • ISBN 978-981-16-2482-7
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Hardcover $119.99
price for USA in USD
  • ISBN 978-981-16-2481-0
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About this book

This book focuses on the impact and effectiveness of foreign aid or official development assistance (ODA) from several aspects, as in the exemplary case of Thailand—factors that are important for formulating growth and fiscal policies to use foreign aid efficiently. Specifically, the book is devoted to analyzing the belief among aid practitioners that foreign aid, aimed mainly at wider access to social infrastructure, is one of the important elements for increasing living standards. Thailand has attained economic growth and poverty reduction while it has been receiving foreign aid for more than 50 years, with Japan providing one of the major portions of that aid. However, there is no established theory in the field of economics and related disciplines about whether foreign aid helps developing countries to improve the livelihoods of the poor. According to the analysis advocated in this book, foreign aid to Thailand contributes to economic growth. Moreover, the Thai government generally has governed foreign aid well and maintained sound management of finance primarily by reducing domestic borrowing as an alternative to foreign aid. The book shows that a kind of inter-dependent strategic relation has been established and managed well among aid agencies. These results, introduced by long-term data, are consistent with widely accepted ideas, while the effect of foreign aid itself is still under discussion. This book is intended to answer the needs of aid donors and policymakers as well as researchers and Ph.D. students. In addition, it suggests that other developing countries following similar policies should look to evidence from Thailand to reinforce their own cases.

About the authors

Hiroaki Sakurai is an associate professor at Business Administration of Bunkyo University, Japan. His field of expertise is empirical research on the southeast Asian region and Japan. He was engaged in the foreign aid and economic research as a public official of the Japanese government.

Table of contents (7 chapters)

Table of contents (7 chapters)

Buy this book

eBook $89.00
price for USA in USD
  • ISBN 978-981-16-2482-7
  • Digitally watermarked, DRM-free
  • Included format: EPUB, PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover $119.99
price for USA in USD
  • ISBN 978-981-16-2481-0
  • Free shipping for individuals worldwide
  • Institutional customers should get in touch with their account manager
  • Covid-19 shipping restrictions
  • Usually ready to be dispatched within 3 to 5 business days, if in stock
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Bibliographic Information

Bibliographic Information
Book Title
Effects of Foreign Aid
Book Subtitle
Evidence from Thailand
Authors
Series Title
New Frontiers in Regional Science: Asian Perspectives
Series Volume
50
Copyright
2021
Publisher
Springer Singapore
Copyright Holder
The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Singapore Pte Ltd.
eBook ISBN
978-981-16-2482-7
DOI
10.1007/978-981-16-2482-7
Hardcover ISBN
978-981-16-2481-0
Series ISSN
2199-5974
Edition Number
1
Number of Pages
XII, 82
Number of Illustrations
6 b/w illustrations, 21 illustrations in colour
Topics