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-mainstreamed aid initiatives in fostering a more equitable world. …
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We investigate the heterogeneity of the impact of World Bank foreign aid projects on local economic development across …
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This paper studies the effect of foreign aid on economic stabilization. Following Alesina and Drazen (1991), we model the delay in stabilizing as the result of a distributional struggle: reforms are postponed because they are costly and each distributional faction hopes to reduce its share of...
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