This paper demonstrates why an increased quantity of funding as claimed by big health lenders is not effective to achieve the Millennium Development Goals (MDGs). An alternative funding mechanism linking the disbursement of matching grants with a minimum provision level is suggested. In order to...

This paper demonstrates why an increased quantity of funding as claimed by big health lenders is not effective to achieve Millennium Development Goal 6, stopping the spread of HIV by 2015. An alternative funding mechanism linking the disbursement of matching grants with a minimum provision level...

This paper presents a theoretical gravity model of trade in which foreign aid is considered as a transfer instead of being part of the trade cost, as it has been previously done in the related literature. We argue that the usual specification leads to invalid out-of-sample predictions, biased...