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Publications (31)
The real value of official aid flows fell for much of the 1990s, and private capital flows to low-income countries remain mostly limited. The decline in aid flows may endanger the development process, since they finance much of the development budget in many poor countries. However, while aid in...
– Appraisals and Issues
Foreign assistance philosophy no longer favours channeling aid almost exclusively to recipients' public sector; 'a bottomless pit'. Increasing preference has been accorded by the donor multilateral development community to the private sector, regarded as the engine of growth, poverty reduction and...
Policy Brief
pdf
External development finance consists of those foreign sources of funds that promote or at least have the potential to promote development in the destination countries if delivered in the appropriate form. This rather broad definition qualifies all forms of external finance, and the quality and...
The real value of official aid flows fell for much of the 1990s, and private capital flows to low-income countries remain mostly limited. The decline in aid flows may endanger the development process, since they finance much of the development budget in many poor countries. However, while aid in...
Journal Article
– A new application with an emphasis on Papua New Guinea
This paper models the inter‐temporal allocation of foreign development aid to Papua New Guinea (PNG). A formal theoretical model of aid allocation is developed, in which aid to any one country is determined jointly with aid to all other recipient countries. This is recognized in the econometric...
Working Paper
pdf
The paper examines the main issues involved in translating domestic bankruptcy procedures to the sovereign context. It considers some of the principles by which domestic bankruptcy procedures operate, and the extent to which they apply to international lending. Two recent proposals are considered in...
Journal Article
This peer-reviewed research is available free of charge. UNU-WIDER believes that research is a global public good and supports Open Access.
– Issues, Approaches and Results
Part of Journal Special Issue
Sustainability of External Development Finance
Journal Article
This peer-reviewed research is available free of charge. UNU-WIDER believes that research is a global public good and supports Open Access.
Part of Journal Special Issue
Sustainability of External Development Finance
Journal Article
This peer-reviewed research is available free of charge. UNU-WIDER believes that research is a global public good and supports Open Access.
Part of Journal Special Issue
Sustainability of External Development Finance
Journal Article
This peer-reviewed research is available free of charge. UNU-WIDER believes that research is a global public good and supports Open Access.
Part of Journal Special Issue
Sustainability of External Development Finance
Working Paper
pdf
– Issues, Approaches and Results
There is a widespread view that political criteria have received less emphasis in aid allocation since the end of the cold war, with a greater share of aid subsequently being based on developmental criteria. An observed increase in aid effectiveness is attributed to this shift. A reasonably large...
Working Paper
pdf
– Conceptual Issues and Empirical Estimates
This paper is an attempt to rectify some of the problems that characterize most earlier studies that seek to explain private capital flows to developing countries or, at least, to examine the subject from a different and complementary perspective. To accomplish this, we propose a model framework...
Working Paper
pdf
The study seeks to identify donor-specific factors that cause donors to delay aid disbursement, and to apply a double standard in dealing with the non-compliance of a recipient with regard to aid conditionalities, a practice that promotes uncertainty in the receipt of aid. Annual panel data over...
Working Paper
pdf
– Approaches, Issues and Consequences
Studies of the inter-recipient allocation of aid may be categorized threefold. First, there are those which attempt to explain the observed allocation of aid. Second, there are those which seek to describe or evaluate the allocation of aid against normative criteria. Third, there are those which...
Working Paper
pdf
– Determining Factors and Revealed Burden Sharing
The paper reports an empirical study of the factors affecting burden sharing among OECD’s 22 DAC members in ‘bankrolling’ the multilateral aid agencies. These are the UN agencies, World Bank’s IDA and non-IDA programmes, regional development banks, European Community, and other multilateral agencies...
Displaying 16 of 31 results