"Much of the academic debate on the effectiveness of foreign aid is centered on the relationship between aid and growth. Different aid-growth studies find conflicting results: aid promotes growth everywhere; aid has a zero or negative impact on growth everywhere; or the effect of aid on growth...

The year 2005 marks an important juncture for development as the international community takes stock of implementation of the Millennium Declaration-signed by 189 countries in 2000-and discusses how progress toward the Millennium Development Goals (MDGs) can be accelerated. The MDGs set clear...

This paper investigates whether World Bank conditionality is affected by the presence of "new" donors by using panel data for 54 African countries over the 1980 to 2013 period. Empirical results indicate that the World Bank delivers loans with significantly fewer conditions to recipient...