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An extensive literature evaluates the content of conditionality, but the design of conditionality has received less attention. This paper presents a general framework of conditionality, which allows donor and recipient preferences for policy reform and aid to vary, in which previous...

Charitable giving increasingly requires recipients to undertake costly prior action. A common justification is that willingness to undertake costly actions signals greater productivity from transfers. We demonstrate that, if the distribution of recipient types is unknown, recipient costs...

The Cotonou Agreement, successor to the Lomé Convention, offers African, Caribbean and Pacific (ACP) countries preferential access to EU markets by establishing economic partnership agreements (EPAs) between the EU and blocks of ACP countries that are members of regional trading arrangements....

This paper investigates the impact of exchange rates on US Foreign Direct Investment (FDI)inflows to a sample of 16 emerging market countries using panel data for the period 1990-2002. Threevariables are used to capture separate exchange rate effects. The nominal bilateral exchange rate tothe...

Measures to actively facilitate trade are increasingly seen as essential to assist developing countries in expanding trade and benefiting from globalisation. Although often viewed as narrowly concerned with the ease and speed of Customs procedures, even greater trade cost reductions and trade...

The majority of African countries implemented import liberalisation in the 1990s. This paper explores factors that may explain the pattern of protection and of tariff reform. We consider political economy explanations, motivated specifically by the Grossman and Helpman (1994) model of protection...

There is some debate regarding whether aid to poor recipients should be given in the form of loans or grants. This paper concentrates on whether the form of aid influences the effects on recipient fiscal behaviour. The main part of this paper investigates the recipient tax revenue response to...