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Grant number like: HR-50214-05

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Tomohisa Hattori
CUNY Research Foundation, Lehman College (Bronx, NY 10468-1527)

Faculty Research Awards
Research Programs

[Grant products]

$40,000 (approved)
$40,000 (awarded)

Grant period:
7/1/2006 – 6/30/2007

From Material to Moral Order: Ethical Justifications of Foreign Grants and Loans

In what sense can foreign grants and loans be understood as moral practices? This project answers this question in three steps. First, drawing on Aristotelian virtue ethic, it reconceptualizes a type of foreign aid in which this claim is most plausible--multilateral and nongovernmental grants--as an international form of philanthropy. Second, drawing on the ethic of reciprocity, it reconceptualizes two types of official loan relations: between states; and between states and international financial institutions. Third, drawing on the critical realist philosophy of social science, it uncovers a deeper reality in which grants and loans are separate but interdependent phenomena: it is not conincidental that grant recipients are also debtors.