Empirical evidence on aid volatility shows that it adversely impacts recipient countries. For instance, high aid volatility results in uncompleted projects, affects fiscal planning, and decreases the economic and social value of aid. Given these impacts of aid volatility, this study seeks to...

Empirical evidence on aid volatility shows that it adversely impacts recipient countries. This study seeks to find if aid volatility matters in Tuvalu — a small aid recipient country in the Pacific. The study finds that, with a coefficient of variation of 0.49, aid volatility in Tuvalu is...