Aid and policy preferences in oil-rich countries: comparing Indonesia and Nigeria/ Ahmad Helmy Fuady

By: Material type: TextTextPublication details: 2015Subject(s): Online resources: In: Third World Quarterly Vol.36, No.7, pp.1349-1364 (101) Summary: This paper analyses the role of foreign aid in assisting development in two oil-rich countries: Indonesia and Nigeria. It seeks to understand the way foreign aid provided assistance to transform Indonesia from a 'fragile' state in the 1960s into one of the 'Asian Tigers' in the mid 1990s, and why it did not prevent Nigeria from falling into 'African Tragedy'. This article argues that foreign aid may help not only to finance development, but also to navigate policy makers' policy choices. It shows how foreign aid may or may not help policy makers turn their policy preferences into action.
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This paper analyses the role of foreign aid in assisting development in two oil-rich countries: Indonesia and Nigeria. It seeks to understand the way foreign aid provided assistance to transform Indonesia from a 'fragile' state in the 1960s into one of the 'Asian Tigers' in the mid 1990s, and why it did not prevent Nigeria from falling into 'African Tragedy'. This article argues that foreign aid may help not only to finance development, but also to navigate policy makers' policy choices. It shows how foreign aid may or may not help policy makers turn their policy preferences into action.

INDON

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