Foreign aid has been a debatable issue for the past few decades due to its implications for developing countries to foster their growth processes by supplementing their domestic sources of finance. Different writers have different views regarding aid inflows, with some favoring aid inflows and others opposing the inflow of foreign aid. The aim of the given paper is to inculcate the relationship between foreign aid and the economic development of South Asian economies from 2000 to 2019. The findings from the study, based on a panel data regression model and a quantile regression model, reveal that the amount of foreign aid received has increased the economic development of the aid-receiving country, but it has failed to improve the living standards of the people.

Keywords: Foreign aid, Economic Development, Human Development, International Finance
JEL Codes: F35, F63, O15, F3
 

the household, but also for the nation. For disaster prone countries like Bangladesh, durable shelter provides security, social inclusion and citizen’s rights. “Housing for All” was adopted by the Ministry of Housing in 2008, as it is indispensable for developing resilience of family units. According to the Constitutional right, article 15, Part II; the provision of the basic necessities of life, including food, clothing, shelter, education, medical care is guaranteed. This paper attempts to bring to the fore, the need for global participation in terms of technology, financial cover for resilient, resistant and solid multi-storied housing structures for people who are beset by disaster in Bangladesh.

Resilient affordable, accessible, safe housing, is now imperative. In addition, there must be implementation of programs for the resettlement of slum dwellers, the disadvantaged, the destitute and the shelter-less poor. Enhancing economic opportunities, appropriate technology, house building materials, infrastructure for rural people, nexus between NGOs, CBOs and Government creates scope for NHA to foster participation. Housing comprises an intrinsic component of a comprehensive Urban Plan and is integral to a Regional Plan, embedded-inclusive involvement. Vertical space utilization, to ease off on horizontal expansion through “Compact Settlements”, (PRSP II: 2012), and strategies of shelter in rural Bangladesh to harness development gains, is urgently needed.

Keywords: Shelter O18; Finance H84; Compact Settlements O19; Disadvantaged Q54; Socio-economic-advancement O15; Resilience R21

The aim of this study is to review the various definitions and measures of pro-poor growth and suggesting a suitable definition and a measurement for subsequent research. The “weak” versus “strong” definitions and “relative” versus “absolute” approaches of pro-poor growth are compared to neighboring concepts and the policy implications of each are revealed. The distribution-focused approaches bear the characteristics of progressive growth or the construction of a middle class, advocating redistribution policies and limiting the scope of growth. The poverty-outcome-focused approaches are compared to trickle down growth or inclusive growth, involving growth accelerating policies. The analysis votes for a strong and absolute definition and suggests the vast majority income as a sound measure of pro-poor growth. Keywords: inclusive growth, middle class, progressive growth, pro-poor growth, trickle down growth, vast majority income.

JEL Classification: D30, D60, E60, I30, 011.