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The AIDS epidemic threatens Kenya with a long wave of premature adult mortality, and thus with an enduring setback to … counterfactual in which there is no epidemic. Although AIDS does not bring about a catastrophic economic collapse, it does cause …
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Results-based aid (RBA) models link funds to outcomes, rather than paying for inputs. Despite their theoretical appeal and recent adoption by donors and multilateral development banks, there is limited empirical evidence supporting this form of aid for national governments. We estimate the...
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