The issue of foreign aid dependency in African countries remains controversial among policy makers. So far, there is no … consensus on aid effectiveness and the resulting policy prescriptions have been conflicting. The Euro zone which provides the … bulk of foreign aid to developing countries, is currently implementing fiscal consolidation and some austerity programs. It …

quality of foreign aid matters to economic growth of least developed countries (LDCs). Quality effects are captured using … different specifications of both bilateral and multilateral aid. The quantity effects are measured by the squared term on the … aid variable. The timing of effects between aid and growth are controlled for using both short term (annual) and long term …

In September 1999, the International Monetary Fund (IMF) established the Poverty Reduction and Growth Facility (PRGF … in its poorest member countries. This paper studies the spending and absorption of aid in PRGF-supported programs …, verifies whether the use of aid is programmed to be smoothed over time, and analyzes how considerations about macroeconomic …

Recent theoretical literature suggests that aid, geography, and resource endowments affect diversification of exports … African countries. The evidence suggests that aid, the quality of infrastructure, and resource endowments are robust …

assistance by unconditioned budget aid would be counter-productive with respect to poverty-oriented development policies. …

Although the literature on aid effectiveness is vast, most of it is based on cross-country studies and does not address …

foreign aid. This paper analyses foreign assistance through four main facets namely: the link between aid, security and growth …, aid effectiveness in Pakistan, and priorities for aid policy reform in the country. The empirical literature on the impact … of aid on economic development in Pakistan is inconclusive due to aid being fragmented and volatile. The donors have …

In this paper, we explore the role of trade openness, overseas development aid (ODA), remittance inflows and financial … while remittances, trade openness and financial development have lagged negative effects. Therefore, understanding that aid … consistent flow of aid whilst effectively managing and deploying aid in productive infrastructure projects to generate employment …

The present paper is an essay about the future of aid, understood as a global, durable, social phenomenon. Special … attention is attached to the issue of governance, both the governance of aid itself, and institutional reforms in the recipient … countries. A short review of literature on the topic serves to support a general thesis that the stream of aid is a stream of …