Within the last decades, the share of government aid in overall external financial flows to developing countries has decreased. It is estimated that between 75 and 85% of all current financial flows to developing countries derive from a variety of private sources, including remittances,...

Support for private sector development is an important item on the ODA budgets of most donor countries and recently, there has even been an upsurge in the weight given to 'private sector led growth'. The paper raises the basic questions: Why inherently commercial activities should actually be...

At the centre of the Paris Declaration on Aid Effectiveness is the idea of country ownership. It is meant to change the situation in many aid dependent African countries where donors dominate decision-making over which policies are adopted, how aid is spent, and what conditions are attached to...

Success with direct support to the poor is highly dependent on the particular context in which it is implemented. Cash Transfer Programmes, handing over funds directly to poor households - typically on certain conditions, such as school attendance of the children - have the potential of creating...

How EU policy for global development will look in the future depends on how the organisation manages two key challenges: The changing political dynamics within an enlarged EU with a diverse set of preferences - and the evolving external environment characterized by emphasis on global public...

This paper makes two main contributions. First, we examine the long-run effect of foreign aid on domestic output for 59 developing countries using heterogeneous panel cointegration techniques to control for omitted variable and endogeneity bias to detect possible cross-country differences in the...

In the study "Do elites benefit from democracy and foreign aid in developing countries" (Journal of Development Economics, 2009) Bjørnskov asks if political elites benefit from foreign aid relative to the rest of the population. He concludes that his results provide qualified support for the...