In terms of size, the net income balance (IB) is comparable to the trade balance (TB) for many countries. Yet the role … the ER stabilizes the current account, and trade-based semi-elasticities are, with some important exceptions, good proxies …

Foreign Inflow plays an important role in country ’s development. The importance of foreign inflows is not limited to … human development. Our foreign inflow variable consists of Foreign Direct Investment, Remittances and Foreign Assistance …

The global aid environment has changed profoundly over the last decade. New official and nonstate players have emerged … providing aid are being tried. This note summarizes findings presented in the authors’ 2010 publication, Delivering Aid …

We explore whether foreign aid affects developing countries' creditworthiness, as proxied by the Institutional Investor … current aid reduces the likelihood of future default. We then test this hypothesis, using a data set that covers a large … number of developing countries in the 1980s and 1990s. While the size of the effect differs across types of aid and country …

Why would bilateral donors intermediate aid through a multilateral and not extend aid directly? This paper suggests a … trade-off: multiple bilateral donors for each recipient may imply coordination and strategic problems but intermediating … regressions with bilateral-pair, fixed effects to model aid allocation decisions. The results confirm that politics is important …

We explore whether foreign aid affects developing countries' creditworthiness, as proxied by the Institutional Investor … current aid reduces the likelihood of future default. We then test this hypothesis, using a data set that covers a large … number of developing countries in the 1980s and 1990s. While the size of the effect differs across types of aid and country …

FDI and trade should replace aid as the engine of development. In this paper, we argue that aid complements FDI and …This short paper explores the complementarity between foreign aid and foreign direct investment (FDI). Recent studies … on aid concluded that aid should come to an end or be reduced with a radical modification of the terms and conditions and …

Does official aid pave the road for private foreign investment or does it suffocate private initiative by diverting … marginal effect of aid on private foreign investment is close to zero. Surprisingly, however, the effect is strictly positive …

Does official aid pave the road for private foreign investment or does it suffocate private initiative by diverting … marginal effect of aid on private foreign investment is close to zero. Surprisingly, however, the effect is strictly positive …