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restructure the international financial architecture. However, policymakers are rightly criticized for having made only limited … progress in adjusting the regulatory and institutional framework to increased international capital mobility. This failure is … authorities in the ongoing reform debate. In the international context, especially the Bundesbank seems to fight a losing battle …
Persistent link: https://www.econbiz.de/10011491119
We analyze the aid portfolio of various bilateral and multilateral donors, testing whether they have prioritised aid in line with the Millennium Development Goals (MDGs). In doing so, we combine sectorally disaggregated aid data with indicators reflecting the situation of recipient countries...
Persistent link: https://www.econbiz.de/10003247640
In this paper, we perform a Tobit analysis of aid allocation, covering the period 1999-2002 and accounting for both altruistic and selfish donor motives. It turns out that poorer countries get clearly more aid from both bilateral and multilateral donors. Most donors are also found to direct...
Persistent link: https://www.econbiz.de/10002898511
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