Dreher, Axel; Marchesi, Silvia - 2013
example of a "delegation-scheme." Conversely, project aid represents a more "centralized" type of aid. According to the theory …, when countries ́local knowledge is more important than donors ́information, recipient countries ́discretion in the choice … influences the amount of project aid, while recipients ́local knowledge is positively correlated with the amount of budget …