Collier, Paul; Goderis, Benedikt - Department of Economics, Oxford University - 2007
shock-prone countries, but find no evidence that this is the case. This suggests that donors could increase aid … has historically been targeted at shock-prone countries, but find no
evidence that this is the case. This suggests that …. Where aid can be made shock-
continent, it acts like insurance. However, even if aid is not responsive to the realization of …