Does development aid attract FDI in post-conflict countries? This paper contributes to the growing literature on effects of aid and on determinants of FDI by explaining how development aid in low-information environments is a signal that can attract investment. Before investing abroad, firms...

Researchers are giving more attention to aid predictability. In part, this is because of increases in the number of aid agencies and aid dollars and the growing complexity of the aid community. A growing body of research is examining key questions: Is aid unpredictable? What causes...

This paper presents evidence that aid flows to the health sector are volatile in terms of observed outcomes and uncertain in terms of making and delivering future commitments. The aid is therefore poorly suited to fund recurrent costs associated with achieving the health Millennium Development...