What are the most efficient means to ensure basic learning competencies for a high number of children? This question is analysed on the basis of the exceptionally rich data set provided by the Programme d'analyse des systèmes éducatifs des pays de la CONFEMEN (PASEC), standardised and...

The rapid growth of trust funds at multilateral development organizations has been widely neglected in the academic literature so far. Using a simple illustrative model, this paper examines the choice by sovereign donors among various trust fund options. The authors contend that the choice among...