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Development Aid and the CDM - How to interpret "Financial Additionality"

Dutschke, Michael; Michaelowa, Axel - 2003

International climate negotiations have specified that projects under the Clean Development Mechanism (CDM) should not lead to a „diversion“ of official development assistance (ODA). It is however unchallenged that ODA can be used in capacity building for the CDM. Diversion can be...

Persistent link: https://www.econbiz.de/10010295330

Aid, Governance, and Private Foreign Investment: Some Puzzling Findings and a Possible Explanation

Harms, Philipp; Lutz, Matthias - 2003

Does official aid pave the road for private foreign investment or does it suffocate private initiative by diverting resources towards unproductive activities? In this paper we explore this question using data for a large number of developing and emerging economies. Controlling for countries?...

Persistent link: https://www.econbiz.de/10010295379

Aid Effectiveness Reconsidered: Panel Data Evidence for the Education Sector

Michaelowa, Katharina - 2004

Applying the general question of aid effectiveness to the sector of education, this paper reveals an overall positive effect of development assistance on primary enrolment. However, even the most optimistic estimates clearly show that at any realistic rate of growth, aid will never be able to...

Persistent link: https://www.econbiz.de/10010295397

The World Bank as an International Financial Institution

Shams, Rasul - 2004

The World Bank is a prestigious and large international financial institution. Since its foundation it has widened the scope and the size of its activities. One interpretation of what the World Bank is doing is the provision of public goods. If we take this interpretation seriously the...

Persistent link: https://www.econbiz.de/10010295425

The Political Economy of US Aid to Pakistan

Anwar, Mumtaz; Michaelowa, Katharina - 2004

Variations of bilateral aid flows are difficult to explain on the basis of official development objectives or recipient need. At the example of US aid to Pakistan, this paper suggests alternative political economic explanations, notably the relevance of ethnic lobbying and the relevance of US...

Persistent link: https://www.econbiz.de/10010295435

What Determines Evaluation Outcomes? Evidence from Bi- and Multilateral Development Cooperation

Michaelowa, Katharina; Borrmann, Axel - 2004

Donor agencies invest considerable financial and human resources to evaluate the outcome of their development activities. To derive institutional conditions conducive to an efficient use of these resources, we develop a multi-level principal-agent model focusing on the various interests of the...

Persistent link: https://www.econbiz.de/10010295443

Modelling the fiscal effects of aid: An impulse response approach for Ghana

Morrissey, Oliver; Osei, Robert; Lloyd, Tim - 2002

An important feature of aid to developing countries is that it is given to the government. As a result aid has the potential to affect budgetary behaviour. Although the (albeit limited) aid-growth literature has addressed the effect of aid on policy, it has tended to neglect the effect of aid on...

Persistent link: https://www.econbiz.de/10010295493

EU aid for ACP investment

Wolf, Susanna - 2002

Kommission in den 90er Jahren zum fünftgrößten Geber von Entwicklungshilfe in der Welt entwickelt. Die AKP-Staaten liegen bei … Betrachtung der Gesamthilfe überproportional unter denen, welche die meiste Entwicklungshilfe pro Kopf in der Welt erhalten. Es … Beitrag zu der gegenwärtigen Debatte über die Wirksamkeit von Entwicklungshilfe geleistet. Es wird argumentiert dass die …

Persistent link: https://www.econbiz.de/10010295514

Sustainable forestry investment under the clean development mechanism: The Malaysian case

Dutschke, Michael - 2002

In the light of the development of the Malaysian forestry sector in recent years, the article gives an overview over the current discussions around the inclusion of biological carbon sink projects under the Clean Development Mechanism (CDM) of the Kyoto Protocol, like forest definitions,...

Persistent link: https://www.econbiz.de/10010295520

National CDM criteria, baseline methodologies and case studies for Uzbekistan

Zavyalova, Liliya; Michaelowa, Axel - 2001

The Clean Development Mechanism of the Kyoto Protocol could create a great chance for developing countries to profit from projects that reduce greenhouse gas emissions and improve the economic and environmental situation in the host country. The project cycle for the CDM differs from a usual...

Persistent link: https://www.econbiz.de/10010295586