This paper extends and applies principal-agent theory to the performance of donor projects. There is variation in the degree of divergence between the interests of the donor (the principal) and the recipient government (the agent). Further, the effort expended on observation of the agent is a...

(english) After debt cancellations, in particular MDRI (Multilateral Debt Relief Initiative) debt ratios in Low Income Country dropped to historic lows. They are now getting into debt again, because of Bretton Woods Institutions (BWI) new loans, of emerging countries’ (namely China) loans, and...

(english) This last decade has seen the emergence of a new field of research in development economics: randomised control trials. This paper explores the contrast between the (many) limitations and (very narrow) real scope of these methods and their success in sheer number and media coverage....

(english) Vietnam is a very important country for the World Bank. It is the first recipient of IDA credits. It is also presented by the Bank as a model country for development success, especially in terms of poverty reduction. At the same time, the Bank is very active in Vietnam: it is the first...

Macroeconomic data on 45 countries are combined with microeconomic data on 4 case-study countries to reveal significant differences in the levels of education attained under the different colonial powers in Africa during the colonial period. In 1960, former British colonies exhibited higher...

This study aims at analyzing the standard of living of the Balbala residents in Djibouti, whose will benefit from an integrated urban development project (PDUI). The objective of the PDUI project is to improve standard of living of 30,000 people in three districts of Balbala, by developing basic...

(english) We build and implement a normative procedure to allocate international aid based on equality of opportunity concerning the risk of poverty. This is an alternative to Collier and Dollar’s proposal (2001) which stresses the impact of aid on worldwide poverty reduction. The big problem...

(english) In this paper we use a simple standard overlapping-generation model to assess the impact of foreign aid. Because of deference to the elders, donors are not able to modify the sharing out of aid between the old and the young in the recipient economy. The model shows that, if aid is...

(english) The emergence of institutions, governance and especially corruption as major development considerations has generated a whole host of international databases intended to measure these concepts. These databases are now widely used in both the academic world and for public policies,...

(english) The ownership of the development policies is the very basis of the new international consensus formulated in the Paris Declaration (2005). The theoretical foundations of this approach remain somehow unclear, and we can hardly consider that PRSPs are really “owned” by the recipient...