Aid (ODA, Official Development Assistance) statistics are routinely produced by the Development Assistance Committee (DAC) of the OECD on the basis of data provided by bilateral donor agencies and using definitions and guidelines that represent a broad donor consensus. The use of new aid...

The authors assess the effect of economic instability on the success of projects funded by the World Bank using the outcome of the projects, which is a notation of their overall success determined by the Bank's Independent Evaluation Group. It has been argued in macroeconomic studies that aid...