Birdsall, Nancy; Claessens, Stijn; Diwan, Ishac - In: World Bank Economic Review 17 (2003) 3, pp. 409-435
We assess the dynamics behind the high net resource transfers by donors and creditors to Sub-Saharan African countries. Analyzing the determinants of overall net transfers for a panel of 37 recipient countries in 1978--98, we find that country policies mattered little. Donors--especially...