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There is a startling gap between, allegedly, globalization-induced changes in international competition for foreign … its relevance well before globalization became a hotly debated issue. …
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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...
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