We use an overlapping generations model of human capital accumulation to study the impact of the AIDS crises on growth. In our model, the AIDS crisis lowers life expectancy and thus the incentive to save and accumulate physical capital. Moreover, the AIDS crisis lowers the returns to human...

This paper compiles project-level data from the World Bank's lending history to describe patterns and the composition of its portfolio. The paper focuses particularly on the effect of countries' transition from International Development Association to International Bank for Reconstruction and...

International development assistance from richer to poorer (“developing”) economies accounts for major flows of capital, human resources and technical assistance. While the net direction of these flows remains a topic of hot debate, there have been several barriers identified to the...