Does official aid pave the road for private foreign investment or does it suffocate private initiative by diverting … marginal effect of aid on private foreign investment is close to zero. Surprisingly, however, the effect is strictly positive …

This paper considers the effects of humanitarian aid on economic welfare through a demographic transition channel. We … monetary humanitarian aid on economic welfare. We conclude that if parents strongly value children, giving monetary aid … utility by in-kind aid, which also lowers fertility and augments economic growth. …

transfers be from a richer to a poorer country. But normally we do not know who are the taxpayers who finance international aid … nor who are the beneficiaries of aid. We can nevertheless establish the rules such that the likelihood of a globally … richer than rich countries- taxpayers. Some rules for changing eligibility criteria for aid are proposed. …

The diversion of development aid to the recipient's military may be one explanation why aid is often found to be … ineffective in promoting economic growth and development. Previous studies have not derived the causal effects of development aid … on military expenditure. Using a new instrumental variable strategy, we examine whether bilateral development aid …

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 …

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 …

The paper explores the relationships between economic freedom on the one side and development aid and IMF credit as … approximation for conditional aid on the other side. After a short review of current literature on the issue of economic development …, economic freedom, aid, and IMF credit, the paper develops a simple panel regression model to evaluate the relationship between …

destabilizing. We measure aid volatility by several methods and assess procyclicality of aid with respect to exports, thus departing …. The stabilizing/destabilizing nature of aid is measured by the difference in the volatility of exports and the volatility … of the aid plus exports flows. Then, in order to take into account the diversity of shocks to which aid can respond, we …

probability of obtaining funds; or, the better the applicant's governance, the greater are its gains. Moreover, the maximum aid a … competition for aid, and the outcome for the quality of governance. …