Development cooperation has to be visible to ensure domestic political support. This explains the frequent calls for greater visibility at the headquarters level of aid agencies. However, effective development cooperation is not compatible with every form of visibility. Actions geared toward...

The existence of under-aided countries, sectors, and sub-national regions – also known as “aid orphans” – implies inefficiencies in the current overall allocation of aid resources. This is of particular concern because aid effectiveness depends not only on how well resources are...

Development assistance has for many decades been aiming to support developing countries’ strategies to achieve more sustainable development. Yet, evidence shows that the impact of such assistance has been well below expectations. This study examines the efforts of assistance providers and...

In this paper we examine how remittances relate to the exchange rate, natural disasters and foreign aid in developing economies. By using panel VAR methods we are able to compensate for both data limitations and endogeneity among variables. We find that while foreign aid tends to appreciate the...

This paper surveys 50 years of empirical research on the macroeconomic impact of aid, looking mainly at studies examining the link between aid and growth. It argues that studies dating until the late 1990s produced either contradictory or inconclusive results. Aid either worked, or it didn’t,...