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shape the landscape of development co-operation. -- aid effectiveness ; health ; fungibility ; harmonization … health sector. It summarizes the history of aid and outlines the methodological challenges encountered when assessing its …. The review finds that resource allocation, lack of predictability of funds, fragmentation, fungibility and the system of …
Persistent link: https://www.econbiz.de/10009581435
This paper examines the application of the first two principles of the 2005 Paris Declaration on Aid Effectiveness, namely ownership and alignment, to the cases of Mali and Ghana. It argues that Western donors and recipient governments have adopted the Paris Principles mainly in form, rather...
Persistent link: https://www.econbiz.de/10011573201
Persistent link: https://www.econbiz.de/10010242963
We explore whether foreign aid affects developing countries' creditworthiness, as proxied by the Institutional Investor's measure of country credit risk. Based on a simple model of international borrowing and lending, we develop the hypothesis that current aid reduces the likelihood of future...
Persistent link: https://www.econbiz.de/10011397590
Does official aid pave the road for private foreign investment or does it suffocate private initiative by diverting resources towards unproductive activities? In this paper we explore this question using data for a large number of developing and emerging economies. Controlling for countries'...
Persistent link: https://www.econbiz.de/10011397707
The aim of this survey is to explain the real impact of aid on governance in the developing countries: including the sub-sahara and the MENA region during the period 1990-2004 by using the ʻthreshold theoryʼ. Stephen Knack proved that foreign aid tends a harmful impact on governance of the...
Persistent link: https://www.econbiz.de/10013055238
The OECD Survey on Blended Finance Funds and Facilities represents a major step forward to consolidate evidence and provide further policy guidance in support of the OECD DAC Blended Finance Principles, whose focus is unlocking commercial finance for the Sustainable Development Goals. This...
Persistent link: https://www.econbiz.de/10012137012
We study how 22 donors allocate their bilateral aid among 147 recipient countries over the 1970-2004 period to investigate whether changes in the international aid architecture - at the international and country level - have led to changes in behavior. We find that after the fall of the Berlin...
Persistent link: https://www.econbiz.de/10014049228
Research on the macroeconomic effects of aid has expanded rapidly in recent years. In this paper, we provide a survey of this literature. We start by reviewing some theoretical models that suggest a positive impact of aid on investment and growth. We then discuss the empirical evidence, giving...
Persistent link: https://www.econbiz.de/10014069847
Does official aid pave the road for private foreign investment or does it suffocate private initiative by diverting resources towards unproductive activities? In this paper we explore this question using data for a large number of developing and emerging economies. Controlling for countries'...
Persistent link: https://www.econbiz.de/10014075306