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An important feature of aid to developing countries is that it is given to the government. As a result aid has the … potential to affect budgetary behaviour. Although the (albeit limited) aid-growth literature has addressed the effect of aid on … policy, it has tended to neglect the effect of aid on the fiscal behaviour of governments. While fiscal response models have …
Persistent link: https://www.econbiz.de/10010295493
We investigate whether elected members of the United Nations Security Council receive favorable treatment from the International Monetary Fund (IMF), analyzing panel data on the level of conditionality attached to (a maximum of) 314 IMF arrangements with 101 countries over the period of 1992 to...
Persistent link: https://www.econbiz.de/10010302720
development aid in the long run, in contrast to numerous available evaluation reports on the short-run effects of development …. Development aid has become an important political and economic factor in most African countries. Its financial impact often … to one another, about the partitioning of the cake of development aid. Normally this struggle between different vested …
Persistent link: https://www.econbiz.de/10011327882
Japan has an impressive history when it comes to aid, industrial policy, and infrastructure development, both as a … aid is questioned, few actors can offer more useful experience. Restoring structural transformation as a donor priority …, and recognizing the critical role it played in the development of Japan, is a vital step towards making the real gains aid …
Persistent link: https://www.econbiz.de/10011418563
This paper discusses past and current social policy strategies in the international aid architecture. From the 1990s …, aid strategy and policy shifted to put a stronger emphasis on human development. This accelerated with the Millennium … also assesses some of the concerns associated with the 'Paris-style' aid modalities, and discusses major challenges for the …
Persistent link: https://www.econbiz.de/10011418606
This paper investigates the role of aid in mitigating the adverse effects of commodity export price shocks on growth in …, while the ex ante risk of shocks does not seem to matter. We also find that both the level of aid and the flexibility of the … exchange rate substantially lower the adverse growth effect of shocks. While the mitigating effect of aid is significant in …
Persistent link: https://www.econbiz.de/10010323524
The available evidence on the effects of aid on growth is notoriously mixed. We use a novel empirical methodology, a …, imports, and per capita GDP growth to a global aid shock (the common component of individual country aid-to-GDP ratios). We … find that the estimated cumulative resposive of exports and per capita GDP growth to a global aid shock are strongly …
Persistent link: https://www.econbiz.de/10010328223
This study explores a basic idea in political economy: Trading money for political influence. Our focus is at the level of international institutions, where governments may exploit their influence in one organization to gain leverage over another. In particular, we consider the lending...
Persistent link: https://www.econbiz.de/10010329899
We investigate whether elected members of the United Nations Security Council receive favorable treatment from the International Monetary Fund (IMF), analyzing panel data on the level of conditionality attached to (a maximum of) 314 IMF arrangements with 101 countries over the period of 1992 to...
Persistent link: https://www.econbiz.de/10010329983
Using data from 1988 to 2007, we examine to what extent bilateral aid flows of an individual donor to a country depend … on aid flows from all other bilateral and multilateral donors to that country. We thereby want to assess to what extent … donor coordination, free-riding, selectivity, specialization, and common donor motivations drive bilateral aid allocation as …
Persistent link: https://www.econbiz.de/10010329999