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In this paper, we argue that the sizeable reduction in aggregate aid levels in the 1990's was due to the end of the Cold war. We use a dynamic econometric specification to test this hypothesis on a panel of 17 donor countries, spanning the years 1970-1997. We find aid to be positively related to...
Persistent link: https://www.econbiz.de/10012710354
We test the hypothesis that aid recipient governments are better able to utilize aid flows for political favoritism during periods in which they are of geo-strategic value to major donors. We examine the effect of a country's (non-permanent) membership on the United Nations Security Council...
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