growth, macroeconomic stability, and terms of trade shocks are found to be significant determinants of Fund financing …

We conduct an empirical study on how 22 donors allocate their bilateral aid among 147 recipient countries over the 1970 …-2004 period to investigate whether recent changes in the international aid architecture-at the international and country level …, bilateral aid responds more to economic needs and the quality of a country’s policy and institutional environment and less to …