The response of an economy to a windfall of foreign exchange (be it aid or natural resource revenues) is often …

The response of an economy to a windfall of foreign exchange (be it aid or natural resource revenues) is often …

New forms of aid, including “philanthrocapitalism” such as The Bill and Melinda Gates Foundation, are rapidly altering … the international aid architecture for health. These organisations have financial power, actively shape agendas and … scales-up its aid program. AusAID could collaborate, complement, compete with, or copy these organisations. Arguably the …

This paper provides an overview of issues relating to aid effectiveness. It argues that it is impossible to give a … definitive answer to the question of whether aid is effective, and that it is more useful to ask what can be done to make aid … more effective. The paper then groups the various determinants of aid effectiveness, as well as strategies to improve …

creditworthiness if donors offer them to choose between aid and debt relief. Since offering such a menu is costly, it is preferred by …. For lower probabilities and higher costs of assistance, donors prefer a policy of only debt relief. Very limited aid is …

This short paper explores the complementarity between foreign aid and foreign direct investment (FDI). Recent studies … on aid concluded that aid should come to an end or be reduced with a radical modification of the terms and conditions and … FDI and trade should replace aid as the engine of development. In this paper, we argue that aid complements FDI and …

aid and migrants’ remittances. Results suggest that FDI increases inequality, while remittances tend to reduce inequality …. Trade and aid have a non-linear relationship with income distribution: trade favours the poorest in middle income countries … while aid favours the middle class in democracies. Simulations suggest that, on average, the highly adverse impact on …

This paper studies interactions between aid and three other major North-South flows : international trade, FDI and … migrations. It mainly focuses on the question of whether aid is allocated to countries that are benefiting from the other flows … considered here or the reverse. It appears that aid allocation is increasingly compensatory, while its relative weight among …