Aid with multiple personalities
The existing research on foreign aid offers inconclusive evidence on the factors that make aid effective. In this paper, we study the supply of aid money in 112 developing countries over the period 1960–1999 and find that the presence of multiple donors in a given country renders aid less effective....
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| Veröffentlicht in: | Journal of Comparative Economics 2009-06, Vol.37 (2), p.217-229 |
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| container_title | Journal of Comparative Economics |
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| creator | Djankov, Simeon Montalvo, Jose G. Reynal-Querol, Marta |
| description | The existing research on foreign aid offers inconclusive evidence on the factors that make aid effective. In this paper, we study the supply of aid money in 112 developing countries over the period 1960–1999 and find that the presence of multiple donors in a given country renders aid less effective. In particular, an aid-receiving country at the median of the donor fractionalization distribution will grow one percentage point faster than a country at the 75th percentile. This is in part because donor fragmentation is associated with increased corruption in the recipient country's government.
Journal of Comparative Economics
37 (2) (2009) 217–229. |
| doi_str_mv | 10.1016/j.jce.2008.09.005 |
| format | Article |
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Journal of Comparative Economics
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Journal of Comparative Economics
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Journal of Comparative Economics
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| identifier | ISSN: 0147-5967 |
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| language | eng |
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| source | Open Knowledge Repository |
| subjects | Aid effectiveness Aid effectiveness Donor fragmentation Aid evaluation Corruption Developing countries Distribution Donation Donor fragmentation Economic aid Economic growth Foreign aid Foreign Aid F350 History International Linkages to Development LDCs Money supply Role of International Organizations O190 |
| title | Aid with multiple personalities |
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