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Although there exists a vast literature on aid efficiency (the effect of aid on GDP), and that aid allocation … determinants have been estimated, little is known about the minute details of aid allocation. This article investigates empirically … a claim repeatedly made in the past that aid donors herd. Building upon a methodology applied to financial markets, this …
Persistent link: https://www.econbiz.de/10012110632
This paper measures and compares fragmentation in aid sectors. Past studies focused on aggregate country data but a … sector analysis provides a better picture of fragmentation. We start by counting the number of aid projects in the developing … of aid projects have more than 2 000 in a single year. In parallel to this boom of aid projects, there has been a major …
Persistent link: https://www.econbiz.de/10012110633
capital account, even though the opening of the latter happened de facto, not de jure. With respect to China being Africa … that capital flows from China to Africa in the form of mainly economic cooperation projects, but also FDI contribute to an … appreciation of the local currencies vis à vis the RMB, while no such effect appears for aid ows from China. The former two …
Persistent link: https://www.econbiz.de/10012111126
such efforts. First, aid disbursements do not generally follow "root causes" rhetoric. The sectoral distribution of aid to … that aid's capacity to deter migration is small at best. Aid can only encourage economic growth, employment, and security … in emigration. Third, this evidence implies that donors could achieve greater impact by leveraging foreign aid not to …
Persistent link: https://www.econbiz.de/10011873617
organizations. We test this theory empirically by examining how the United States uses bilateral aid and IMF loans to buy other … 1960-2015 period, our results show that states allied with the US receive more bilateral aid when voting in line with the …
Persistent link: https://www.econbiz.de/10011932079
Remittances are a very important source of income for many Nicaraguan families. More than 40% of all households receive remittances that on average amount to 12-15% of total household income in these households. More than 30% of these households receive remittances at least monthly, implying...
Persistent link: https://www.econbiz.de/10011941008
This survey of the 2016 replenishments of three multilateral development bank soft funds and of the Global Fund for AIDS, TB and Malaria shows that a significant re-set of the multilateral development finance system is taking place, with grant funding from traditional donors generally in decline...
Persistent link: https://www.econbiz.de/10011943775
The main argument of this paper is that there is considerable heterogeneity in the way aid can shape tax performance in … Group estimator to a dataset comprising 84 developing countries from 1980 to 2013. The following results ensued: aid and … taxes comprise an equilibrium relation, with a positive long-run association between aid and taxes; causality runs from aid …
Persistent link: https://www.econbiz.de/10011943783
International donors usually have particular goals they want to achieve with their foreign aid, for example, poverty … alleviation. In the international aid story lobbying by potential recipient groups attempting to capture the donor's support play …
Persistent link: https://www.econbiz.de/10010267360
The typical identification strategy in aid effectiveness studies assumes donor motives do not influence the impact of … aid on growth. We call this homogeneity assumption into question, first constructing a model in which donor motives matter …
Persistent link: https://www.econbiz.de/10010269176