This compares the magnitudes of two forms of economic interaction between the developed and developing world. The first is the amount of economic foreign aid provided by the developed world to the developing world during a single year. The second is an estimate of the yearly amount that illegal...

In seeking aid effectiveness improved mechanisms for programming have been at the forefront of efforts. But substantial gains stand to be found in the far less glamorous side of the administrative allocation of donor funds. Donor financing mechanisms have been overlooked as a potential mechanism...

Sophisticated collusive compensation schemes such as assigning future market shares or direct transfers are frequently observed in detected cartels. We show formally why these schemes are useful for dampening deviation incentives when colluding firms are temporary asymmetric. The relative...