Aid with multiple personalities

被引:70
作者
Djankov, Simeon [2 ,3 ]
Montalvo, Jose G. [1 ,4 ]
Reynal-Querol, Marta [1 ,3 ]
机构
[1] Univ Pompeu Fabra, Barcelona 08005, Spain
[2] World Bank, Washington, DC 20433 USA
[3] CEPR, London, England
[4] IVIE, Valencia, Spain
基金
欧洲研究理事会;
关键词
Aid effectiveness; Donor fragmentation; PROLIFERATION; POLICIES;
D O I
10.1016/j.jce.2008.09.005
中图分类号
F [经济];
学科分类号
02 ;
摘要
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. The World Bank, Washington, DC, USA; CEPR, London, UK; Universitat Pompeu Fabra, Barcelona, Spain; IVIE, Valencia, Spain. (C) 2008 Association for Comparative Economic Studies. Published by Elsevier Inc. All rights reserved.
引用
收藏
页码:217 / 229
页数:13
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