What are the socioeconomic effects of foreign aid in developing countries? How effective is aid in promoting social capital? The paper focuses on these questions from an empirical perspective and assesses the casual effect of foreign aid on trust in Uganda. Individuals living in counties that...

Advanced OECD countries are widely held responsible to contain global carbon emissions by providing financial and technical support to developing economies, where emissions are increasing most rapidly. It is open to question, however, whether more generous official development assistance would...

Funding for greenhouse gas mitigation projects in developing countries is crucial for addressing the global climate change problem. By examining current climate change-related financial mechanisms and their limitations, this paper indicates that their roles are limited in affecting developing...

The mixed record on the 2015 Millennium Development Goal (MDG) targets and the focus on global public goods in post-MDG debates questions the future of traditional development co-operation (official development assistance, ODA). Meanwhile, international financial crisis and fiscal retrenchment...

This essay reviews the state of knowledge about the connection of climate change and development aid in a globalizing world and makes three contributions. First, it opts for an integrated treatment of short-term aid, striving for the urgent fulfillment of basic human needs, and long-term aid,...