Younas, Javed; Bandyopadhyay, Subhayu - Federal Reserve Bank of St. Louis - 2007
States, Western Europe, or Japan receive more
aid than others.
9
We expect that both colonial experience and geographical … location have a
positive influence on bilateral aid allocation. Since USA, Japan, Germany and France are major
shareholders … are Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Greece, Ireland, Italy,
Japan, Luxembourg …