China's renewed prominence is the most important development in international relations in the 21st century. Despite longstanding rhetoric of its own “peaceful rise”, China is increasingly viewed as a long-term strategic competitor, especially in the United States. Foreign aid is one arena...

This study assesses the role of foreign aid in reducing the hypothetically negative impact of terrorism on trade using a panel of 78 developing countries with data for the period 1984-2008. The empirical evidence is based on interactive GMM estimations with forward orthogonal deviations....

This paper investigates the impact of the US and China‘s foreign aid to Africa on trade flows between donor and recipient countries. Evidence from the gravity model estimates reveals that the two donors‘ exports are strengthened by their aids to African partners. Interestingly, China‘s aid...

In the past few years, the volumes of Russia's aid to foreign states remained high. Also, substantial growth was observed in the share of the bilateral development aid (when the aid is channeled directly to the recipient) as compared to the multilateral aid (when it is provided through...

Although it is not possible to identify a specific, theoretical optimum level of aid coordination for the European Union, there is a broad consensus on the need for reduced transaction costs and greater impact through a stronger adherence to coordination standards. However, neither member states...

Drawing on our recent work on local effects of Chinese development projects in Africa, this review article highlights a number of distinguishing features of Chinese aid, and discusses how these may translate into local aid impacts that differ from those of other donors. Unlike aid from other...

As a sovereign country, Mozambique initially relied on international solidarity and managed its donor relations well. Donor dependency entailed some loss of agency for the government as it allowed donors to challenge its capacity but never its authority. However, in the last decade, donor...

Since the turn of the millennium, China opened up internationally both in terms of its current account (trade) and its capital account, even though the opening of the latter happened de facto, not de jure. With respect to China being Africa's largest trading partner and developing investor in...

Aid for Trade is a new international program to help developing countries meet the challenges of the multilateral trading system and benefit from the liberalization process. The European Union as the largest aid provider in the world is among the donors which has accepted this program and...