In this paper, I provide an overall empirical assessment of the motivations of official development assistance granted by rich countries to developing countries, as they are revealed by their aid allocation behaviours. Such behaviours result from a combination of self-interest purposes and of...

This paper empirically investigates whether donor countries punish sovereign defaults by reducing foreign aid ows. Our ndings reject the hypothesis formulated in the theoretical literature that a default leads to a loss of foreign aid for the defaulting country. Creditor countries directly...

Literature on the relationship between aid and inequality is scarce and contradictory. Most studies are based on dynamic panel data using internal instruments to deal with endogeneity. In addition to these techniques, this article introduces the persistency of inequality and a double-censored...

I examine in detail the motives of bilateral aid allocation decisions, as they are revealed by data on bilateral aid commitments. I identify both self-interest and recipient needs and merits motives in aid allocation. Self-interest motives are related to economic and political ties between...

1999 wurde die so genannte HIPC-Initiative zugunsten der ärmsten Länder (Highly Indebted Poor Countries), von der Weltbank und dem IWF 1996 ins Leben gerufen, erheblich erweitert. Die lnitiative zielt darauf ab, die Bekämpfung der Armut ins Zentrum der internationalen...

Within the last decade governments of donors and developing countries have committed themselves to achieving a number of International Development Targets (IDTs) to be reached by 2015. These include halving the proportion of people living in extreme poverty and ensuring universal primary...