Showing 1 - 2 of 2
We investigate the degree of leeway donors of foreign aid should grant to recipient governments when their preferences over how to implement the aid are different, and both the donor and recipient possess some private information about the most effective policies. Intuitively, our model shows...
Persistent link: https://www.econbiz.de/10012965388
example of a "delegation-scheme." Conversely, project aid represents a more "centralized" type of aid. According to the theory …
Persistent link: https://www.econbiz.de/10014149197