Despite the widespread occurrence of humanitarian emergencies such as epidemics, earthquakes, droughts, floods and violent conflict and despite the significant financial resources devoted to humanitarian assistance, systematic learning from such interventions using rigorous theory-based impact...

We examine the interaction between foreign aid and binding borrowing constraint for a recipient country. We also analyze how these two instruments affect economic growth via non-linear relationships. First of all, we develop a two-country, two-period trade-theoretic model to develop testable...