We present an analysis of the effects of foreign aid on economic development when the quality of governance may be compromised by corruption. The analysis is based on a dynamic general equilibrium model in which growth is driven by capital accumulation and public policy is administered by...

This document investigates the effectiveness of foreign aid in Bolivia. When comparing accumulated aid in each sector during the period 1998-2002 with the progress in each sector during the same period, it becomes clear that the four sectors receiving by far the most aid (Institutional...

This document investigates the effectiveness of foreign aid in Bolivia. When comparing accumulated aid in each sector during the period 1998-2002 with the progress in each sector during the same period, it becomes clear that the four sectors receiving by far the most aid (Institutional...

Remittances are a very important source of income for many Nicaraguan families. More than 40% of all households receive remittances that on average amount to 12-15% of total household income in these households. More than 30% of these households receive remittances at least monthly, implying...

The paper reexamines empirically the robustness of competing theories of foreign aid effectiveness. By shifting the focus from the effects of aid on income to effects of aid on productivity, it is possible to put to test 3 existing theories of foreign aid effectiveness. The results provide...

Millennium Development Goal number 8 (MDG8) concerns those external flows (Official Development Assistance, trade and debt relief) that ought to help developing countries achieve the MDGs by 2015. This paper reviews the role of these MDG8-related external flows in the case of Bolivia. Riding on...

This paper utilizes a unique three-wave panel of household data from Nicaragua, which allows a thorough exploration of the relationships between migration, remittances and household consumption. The paper distinguishes between the effects of emigration and the impacts of remittances received....

This document investigates the effectiveness of foreign aid in Bolivia. When comparing accumulated aid in each sector during the period 1998-2002 with the progress in each sector during the same period, it becomes clear that the four sectors receiving by far the most aid (Institutional...

Remittances are a very important source of income for many Nicaraguan families. More than 40% of all households receive remittances that on average amount to 12-15% of total household income in these households. More than 30% of these households receive remittances at least monthly, implying...

This document investigates the effectiveness of foreign aid in Bolivia. When comparing accumulated aid in each sector during the period 1998-2002 with the progress in each sector during the same period, it becomes clear that the four sectors receiving by far the most aid (Institutional...