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How Is Foreign Aid Spent? Evidence from a Natural Experiment
International Finance Energy Sources Energy Industry Asia
2015/4/21
We use oil price fluctuations to construct a new instrument to test the impact of transfers from wealthy OPEC nations to their poorer Muslim allies. The instrument identifies plausibly exogenous varia...
How Much Is a Seat on the Security Council Worth? Foreign Aid and Bribery at the United Nations
Foreign Aid Bribery Security Council Worth
2015/4/20
Ten of the fifteen seats on the U.N. Security Council are held by rotating members serving two-year terms. We find that a country’s U.S. aid increases by 59 percent and its U.N. aid by 8 percent when ...
Should Easier Access to International Credit Replace Foreign Aid?
foreign aid foreign loans borrowing constraint economic growth fungibility public input
2012/10/23
We examine the interaction between foreign aid and binding borrowing constraint for a recipient country. We also analyze how these two instruments affect economic growth via non-linear relationships. ...
Foreign Aid and Economic Development:Tanzania's Experience with ODA
Official development assistance Tanzania foreign direct investment
2010/12/7
The paper deals with official development assistance (ODA) to Tanzania and its impact on economic growth and poverty reduction. Although there has been much debate about the relationship between forei...
Only for the recipients of foreign aid is something akin to central planning
seen as a way to achieve prosperity. The end of poverty is achieved with free
markets and democracy—where decentralized “...
Introduction
The way the current debt crisis of some countries is frequently
being analyzed is reminiscent of prior occasions when the solution
was considered to be subsidized bail-outs of debtor n...
POPULATION GROWTH, ECONOMIC GROWTH, AND FOREIGN AID
POPULATION GROWTH ECONOMIC GROWTH FOREIGN AID
2008/12/4
It is a great honor, as well as a great pleasure, forme to contribute
to this Festschrift honoring Peter Bauer and his pathbreaking work
on economic development. My acquaintance with Bauer’s point o...
OFFICIAL ASSISTANCE, ECONOMIC FREEDOM,AND POLICY CHANGE：IS FOREIGN AID LIKE CHAMPAGNE?
OFFICIAL ASSISTANCE ECONOMIC FREEDOM POLICY CHANGE FOREIGN AID
2008/11/14
Foreign aid has had, and continues to have, a multiplicity of goals.
Five decades of development assistance have provided an adequate
historical record by which to judge to what extent aid successfu...
Recent years have witnessed escalating criticism of the industrialized
world for declining levels of foreign aid, especially the official
development assistance (ODA) that is expressly supposed to f...
DOES FOREIGN AID HELP?
FOREIGN AID poverty trap Africa
2008/11/6
Recently, Sachs et al. (2004) have argued in favor of a massive
increase in foreign aid to Africa in order to escape from a supposed
poverty trap. They propose to increase the capital stock in one s...
Maximum Prophet: Review of Common Wealth, by Jeff Sachs, and Reinventing Foreign Aid, by Bill Easterly
Maximum prophet climate change Foreign Aid
2014/3/17
On the anniversary of 9/11, and after the publication of his earlier book, The End of Poverty, Jeff rey Sachs made an appearance in Washington’s National Cathedral, billed as the prophet of the ...
Foreign Aid, Democracy and Political Stability in Post Conflict Societies
Foreign Aid Democracy and Political Stability Post Conflict Societies
2010/4/16
In this study we examine twenty-six post conflict countries across whose civil wars ended after 1980: Angola, Armenia, Azerbaijan, Burundi, Chad, Croatia, The Democratic Republic of the Congo, Republi...
WHY FOREIGN AID FAILS
FOREIGN AID FAILS
2014/6/25
The main point of this paper is that foreign aid fails because the structure of its incentives resembles tha t of central planning. Aid is not only ineffective, it is arguablycounterproductive. Contra...