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Going Beyond Aid

Author

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  • Lin,Justin Yifu
  • Wang,Yan

Abstract

Developing countries have for decades been trying to catch up with the industrialized high-income countries, but only a few have succeeded. Historically, structural transformation has been a powerful engine of growth and job creation. Traditional development aid is inadequate to address the bottlenecks for structural transformation, and is hence ineffective. In this book, Justin Yifu Lin and Yan Wang use the theoretical foundations of New Structural Economics to examine South-South development aid and cooperation from the angle of structural transformation. By studying the successful economic transformation of countries such as China and South Korea through 'multiple win' solutions based on comparative advantages and economy of scale, and by presenting new ideas and different perspectives from emerging market economies such as Brazil, India and other BRICS countries, they bring a new narrative to broaden the ongoing discussions of post-2015 development aid and cooperation as well as the definitions of aid and cooperation.

Suggested Citation

  • Lin,Justin Yifu & Wang,Yan, 2017. "Going Beyond Aid," Cambridge Books, Cambridge University Press, number 9781107153295, October.
    • Handle: RePEc:cup:cbooks:9781107153295
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    Cited by:

    1. Xia, Ying & Chen, Muyang, 2023. "The Janus face of stateness: China's development-oriented equity investments in Africa," World Development, Elsevier, vol. 162(C).
    2. José Antonio Alonso & Guillermo Santander, 2022. "Triangular Cooperation: Change or Continuity?," The European Journal of Development Research, Palgrave Macmillan;European Association of Development Research and Training Institutes (EADI), vol. 34(1), pages 248-271, February.
    3. Tong, Hefeng & Wang, Yan & Xu, Jiajun, 2020. "Green transformation in China: Structures of endowment, investment, and employment," Structural Change and Economic Dynamics, Elsevier, vol. 54(C), pages 173-185.
    4. Gregory T. Chin & Kevin P. Gallagher, 2019. "Coordinated Credit Spaces: The Globalization of Chinese Development Finance," Development and Change, International Institute of Social Studies, vol. 50(1), pages 245-274, January.
    5. Muyang Chen, 2021. "China–Japan development finance competition and the revival of mercantilism," Development Policy Review, Overseas Development Institute, vol. 39(5), pages 811-828, September.
    6. Bryant, Scott T. & Straker, Karla & Wrigley, Cara, 2024. "The need for sectoral transition design: A case of the shift to renewable energy," Technological Forecasting and Social Change, Elsevier, vol. 198(C).
    7. Gnangnon, Sèna Kimm, 2021. "Effect of Development Aid on Productive Capacities," EconStor Preprints 233973, ZBW - Leibniz Information Centre for Economics.
    8. Marson, Marta & Savin, Ivan, 2022. "Complementary or adverse? Comparing development results of official funding from China and traditional donors in Africa," Structural Change and Economic Dynamics, Elsevier, vol. 62(C), pages 189-206.
    9. Justin Yifu Lin, 2022. "China’s Belt and Road Initiative: The rationale and likely impacts of the new structural economics perspective," Journal of International Business Policy, Palgrave Macmillan, vol. 5(2), pages 259-265, June.
    10. Zhang, Liyunpeng & Li, Xiao & Zhuang, Yuhang & Li, Ningning, 2022. "World Bank aid and local multidimensional poverty in Sub-Saharan Africa," Economic Modelling, Elsevier, vol. 117(C).
    11. Yifang Wan & Yunxian Chen, 2022. "China’s Foreign Aid and Sustainable Growth of Recipient Countries: Mechanism and Evaluation," Sustainability, MDPI, vol. 14(17), pages 1-17, August.
    12. Miquel Muñoz Cabré & Kevin P. Gallagher & Zhongshu Li, 2018. "Renewable Energy: The Trillion Dollar Opportunity for Chinese Overseas Investment," China & World Economy, Institute of World Economics and Politics, Chinese Academy of Social Sciences, vol. 26(6), pages 27-49, November.
    13. Alexandra O. Zeitz, 2021. "Emulate or differentiate?," The Review of International Organizations, Springer, vol. 16(2), pages 265-292, April.

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