Rotating Savings and Credit Associations known as tontines in Cameroon and elsewhere in French-speaking Africa are one of the most popular mechanisms to finance projects in countries where access to credit markets is constrained. In this study, we analyze the effect of participation to business...

This paper reviews some findings by Azam and Thelen (2008, 2010, 2012) that illustrate how foreign aid is used by rich countries to purchase the services of recipient governments with a view to protect or promote their economic and political interests. In particular, these findings show that...

This paper reviews some findings by Azam and Thelen (2008, 2010, 2012) that illustrate how foreign aid is used by rich countries to purchase the services of recipient governments with a view to protect or promote their economic and political interests. In particular, these findings show that...

This paper highlights an empirically significant trade-off between the aid flows delivered by donor countries and the inflows of migrants that they receive from developing countries. It draws the implications for aid policy from a simple game-theoretic model, after reviewing the recent...