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Does conditionality work? : a test for an innovative US aid scheme
Öhler, Hannes; Nunnenkamp, Peter; Dreher, Axel - 2011
Performance-based aid has been proposed as an alternative to the failed traditional approach whereby donors make aid conditional on the reform promises of recipient countries. However, hardly any empirical evidence exists on whether ex post rewards are effective in inducing reforms. We attempt...
Persistent link: https://www.econbiz.de/10009127656
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Managing reductions in aid inflows : assessing policy choices in Haiti
Moldovan, Ioana R.; Rousset, Marina; Walker, William … - 2018
A low-income country such as Haiti that confronts an environment of diminishing aid inflows must assess tradeoffs among the available policy options: spending cuts, monetization, sales of debt, or use of foreign reserves. To provide the analytical tools for this task, the paper draws from a set...
Persistent link: https://www.econbiz.de/10011932211
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Does conditionality mitigate the potential negative effect of aid on revenues?
Crivelli, Ernesto; Gupta, Sanjeev - 2016
This paper assesses whether conditionality in IMF-supported programs has helped offset the potential negative effect of …-income countries-shows that growing use of revenue conditionality by low-income countries partially offsets the depressing effect of … foreign grants on tax revenue, particularly on taxes on goods and services. The impact of conditionality is strong in …
Persistent link: https://www.econbiz.de/10011711794
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How Does Conditional Aid (Not) Work?
Ramcharan, Rodney - 2002
Does policy conditionality worsen domestic welfare, as governments are forced to attempt unpopular reforms resulting in … damaging protests, or does conditionality help implement reforms that otherwise would have been impossible? This paper analyzes …
Persistent link: https://www.econbiz.de/10014399551
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Debt relief and good governance : new evidence
Freytag, Andreas; Pettersson, Jonatan; Schmied, Julian - 2017
Initiative (MDRI), the World Bank has refrained from this policy, and that debt relief decisions are rather politically driven …
Persistent link: https://www.econbiz.de/10011611187
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Donor ideology and types of foreign aid
Brech, Viktor; Potrafke, Niklas - 2013
We examine how donor government ideology influences the composition of foreign aid flows. We use data for 23 OECD countries over the period 1960]2009 and distinguish between multilateral and bilateral aid, grants and loans, recipient characteristics such as income and political institutions,...
Persistent link: https://www.econbiz.de/10009764976
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The political economy of multilateral aid funds
Simon, Jenny; Valasek, Justin - 2016
In 2014 over $60 billion was mobilized to help developing nations mitigate climate change, an amount equivalent to the GDP of Kenya. Interestingly, breaking from the traditional model of bilateral aid, donor countries distributed nearly fifty percent of their aid through multilateral aid funds...
Persistent link: https://www.econbiz.de/10011452801
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Determinants of pre-pandemic demand for the IMF’s concessional financing
Hills, Timothy; Nguyen, Huy; Sab, Randa - 2021
This study focuses on identifying the main factors that influenced country-specific and aggregate demand for IMF concessional financing between 1986 and 2018 and makes within-period and out-of-period forecasts. We find that the external debt level, inflation, and real effective exchange rate are...
Persistent link: https://www.econbiz.de/10012487316
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Macroeconomic outcomes in disaster-prone countries
Cantelmo, Alessandro; Melina, Giovanni; Papageorgiou, Chris - 2019
Using a dynamic stochastic general equilibrium model, we study the channels through which natural disaster shocks affect macroeconomic outcomes and welfare in disaster-prone countries. We solve the model using Taylor projection, a solution method that is shown to deal effectively with...
Persistent link: https://www.econbiz.de/10012112128
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The effects of foreign aid on refugee flows
Dreher, Axel; Fuchs, Andreas; Langlotz, Sarah - 2018
causal effects of a country’s aid receipts on both total refugee flows to the world and flows to donor countries. The …
Persistent link: https://www.econbiz.de/10011794246