This paper argues that investment in agriculture has a large and continuing developmental importance in terms of both economic growth and poverty reduction. Moreover, targeted public resources have proven to be indispensable in achieving these results. Both arguments are supported with novel...

Burnside and Dollar revisit the relationship between aid and growth using a new data set focusing on the 1990s. The evidence supports the view that the impact of aid depends on the quality of state institutions and policies. The authors use an overall measure of institutions and policies popular...

"We explore the efficiency and equity resulting from allocation of a fixed resource within a bargaining institution, using a modification of the Ultimatum Game with asymmetric productivity and a surplus-sharing step that permits us to explore trust. Sharing allows pie division independent of pie...

"One of the new institutional forms of coping with the problem of rationing access to the commons involves the use of tradable permits. Applications of this approach have spread to many different types of resources and many different countries. The most common applications involve the control of...

This paper contributes to the literature on foreign aid by exclusively explaining a donor’s motivation for foreign external assistance. The underlying framework focuses on recipients’ needs for foreign aid to address income inequality as and when growth occurs. A tax-subsidy policy is...

While the last half century gave rise to over a dozen developing nations whose economic expansion surpassed the growth rates of many industrialized economies, the same fifty years witnessed a majority of aid-dependent Sub-Saharan Africa suffer from economic stagnation and in some cases even...

"This paper has provided a model framework of foreign assistance policy in the context of dynamic optimal control and investigated the environmental policies in LDCs that received some financial support from abroad. The model framework features a specific behavior of the social planner who...

"Structural Funds are available as non-reimbursable grants, on the basis of co-financing ('part-financing') with the relevant Member States. The level of co-financing depends on the objective of the programme, and is up to a maximum of between 50 and 85%. There are five sets of priority...

Die vorliegende Dissertation besteht aus vier eigenständigen Forschungsarbeiten, die ich in der Zeit von April 2004 bis Juli 2007 an der Universität Konstanz verfasst habe. Gemeinsam ist allen Arbeiten eine empirische Ausrichtung und die Erkenntnis, dass die empirische Analyse für das...

This paper analyzes optimal foreign aid policy in a neoclassical growth framework with a conflict of interest between the donor and the recipient government. Aid conditionality is modeled as a limited enforceable dynamic contract. We define the contract to be self-enforcing if, at any point in...