Recent literature has debated possible adverse impacts of aid volatility on a country's economic performance. Our paper adds to this literature in three ways: First it tests the validity of the aid volatility and growth relationship from various aspects: across time horizons, by sources of aid,...

Pakistan being a frontline state in the war against terrorism has also remained one of the highest recipients of foreign aid. This paper analyses foreign assistance through four main facets namely: the link between aid, security and growth with special reference to Pakistan, general equilibrium...

In this paper, we consider an extension of the commonly used poverty gap measure that may be used to address he question of whether the elimination of poverty is a feasible objective, given sufficient political commitment. The resources potentially available to address poverty may be measured by...

A new aid rhetoric emphasises the selective allocation of otherwise unconditional funds in support of recipients drafting their own sensible plans, in contrast to the old practice of lumping money and policies together in donor-wrapped packages. This line of thinking is supported by both the...

This study explores a basic idea in political economy: Trading money for political influence. Our focus is at the level of international institutions, where governments may exploit their influence in one organization to gain leverage over another. In particular, we consider the lending...

This study explores a basic idea in political economy: Trading money for political influence. Our focus is at the level of international institutions, where governments may exploit their influence in one organization to gain leverage over another. In particular, we consider the lending...

This paper seeks to articulate the perspectives from Bangladesh as an aid recipient country on the evolving international aid system and more particularly on the Accra agenda. Based on secondary information from various sources including the Economic Relations Division, Ministry of Finance...

Where imports are financed predominantly by rents from resource extraction or aid, the revenue generated by tariffs is illusory. Reveue earned by the tariff is offset by a reduction in the real value of aid and resource rents. Revenue is however moved between accounts in the government budget...

We investigate whether elected members of the United Nations Security Council receive favorable treatment from the International Monetary Fund (IMF), analyzing panel data on the level of conditionality attached to (a maximum of) 314 IMF arrangements with 101 countries over the period of 1992 to...

New forms of aid, including “philanthrocapitalism” such as The Bill and Melinda Gates Foundation, are rapidly altering the international aid architecture for health. These organisations have financial power, actively shape agendas and influence policy. The rise of non-traditional donor...