Motivated by the lack of sub-national empirical evidence on the relationship between aid and institutional development …, this study explores the local effects of World Bank aid on perceived institutional quality in African aid receiving … countries. We combine geo-referenced data on the subnational allocation of World Bank aid projects to Africa over the 1995 …

Many concerns can be raised about the effectiveness of current aid programmes to developing countries. The … appropriateness of aid is particularly questionable when one considers the likely character of the challenges that the global economy … of the focus of aid by Development Assistance Committee (DAC) countries, extending from: the priorities that aid should …

We explore whether foreign aid affects developing countries' creditworthiness, as proxied by the Institutional Investor … current aid reduces the likelihood of future default. We then test this hypothesis, using a data set that covers a large … number of developing countries in the 1980s and 1990s. While the size of the effect differs across types of aid and country …

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 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 …

patronage spending. If aid ends up in the pockets of political elites and their ethno-regional networks, this may exacerbate …

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 …

Recent literature has debated possible adverse impacts of aid volatility on a country's economic performance. Our paper … adds to this literature in three ways: First it tests the validity of the aid volatility and growth relationship from … various aspects: across time horizons, by sources of aid, and by aid volatility interactions with country characteristics …