We focus on the role that the transmission of information between a multilateral (e.g., the IMF) and a country has for optimal (conditional) reform design. The main result is that the informational advantage of the country must be strictly greater than the advantage of the multilateral in order...

Natural disasters represent a major challenge for human welfare across the globe. Given the prominent role of international humanitarian aid in alleviating human suffering, the investigation of its determinants is of paramount importance. While existing studies show its allocation to be...