This paper contributes to the debate on aid effectiveness by looking at the 'how' of aid effectiveness. In other words … it provides an assessment of whether aid only filled a financing gap or whether it, in addition, helped influence the … significant aid inflows over the last two and a half decades and also recorded significant growth and poverty reduction. The paper …

This paper assesses the effectiveness of foreign aid in improving government institutions in 52 African countries using … momentous epoque to solve the second tragedy of foreign aid; high time economists and policy makers start rethinking the models … and theories on which foreign aid is based. In the meantime, it is up to people who really care about the poor to hold aid …

This paper analyses macroeconomic aspects of exit from aid-dependence. By 'exit from aid', we mean substantial and … similar and very high degrees of dependence on international aid but followed dramatically different trajectories of aid …. We find that the likelihood of exit from aid increases significantly with macroeconomic stability in the sense of …

;conflict processquot; remained unchanged. This shift seems related to changes in aid flows since the Cold War: donors became disinclined to … findings have implications for policy and aid priorities after conflict …

This paper studies how macroeconomic policies can help offset two unintended and undesirable features of foreign aid …: its volatility and Dutch disease. We present evidence that aid volatility augments trade balance volatility and that … foreign aid, with the important exception of years of adverse shocks, depresses exports. We also find that these effects can …