Nunnenkamp, Peter; Thiele, Rainer; Triveño, Luis; … - 2005
measured by the World Bank's Country Policy and Institutional Assessment (CPIA). If the CPIA is replaced by the Kaufmann index … on institutional conditions in recipient countries, however, the policy orientation of aid becomes extremely weak. In … contrast to a recent paper by Dollar and Levin, our estimates do not suggest that multilateral aid is more poverty- and policy …