The Role of Foreign Aid

Crowding out Effect of Foreign Aid in Selected Developing Countries: Panel Data Evidence

Foreign Aid Allocation and Impact: A Sub-National Analysis of Malawi

Understanding the role of foreign aid in poverty alleviation is one of the central inquiries for development economics. To augment past crosscountry studies and randomized evaluations, this project estimates the first sub-national model of foreign aid allocation and impact. Newly geocoded aid project data from Malawi is used in combination with multiple rounds of living standards data to predic...

Aid E¤ectiveness: The Role of the Local Elite

We study the importance of the local elite as a determinant of the e¤ectiveness of foreign aid in developing countries. An "extractive" elite will misuse aid ‡ows, an issue that is probably as old as foreign aid itself. We proxy for the existence of an "extractive" elite by using an historically determined variable: the percentage of European settlers in colonial times. Our econometric results ...

Nber Working Paper Series Economic Development and the Effectiveness of Foreign Aid: a Historical Perspective

In this paper I discuss the effectiveness of foreign aid from a historical perspective. I show that foreign aid is a relatively new concept in economics, and I emphasize the role of exchange rate policies in the foreign aid controversies of the 1970s through 1990s. I show that in the early 1980s there were major changes in views regarding aid and agriculture. I emphasize the role of “ownership”...

Deadly Professions: Violent Attacks Against Aid-Workers and the Health Implications for Local Populations

War has devastating implications for families, communities, cultures, economies, and state infrastructure. Similarly, the last decade has seen an increase in the number of attacks against health workers in conflict zones and unstable environments. Unfortunately, these attacks have grave consequences for local populations which often rely on foreign aid programs for their health and well-being. ...

Where Has All the Money Gone? Foreign Aid and the Quest for Growth by Santanu Chaterjee, Paola Giuliano, and Ilker Kaya :: NEUDC 2007 Papers :: Northeast Universities Development Consortium Conference :: Center for International Development at Harvard Un

Where Has All the Money Gone? Foreign Aid and the Quest for Growth This paper examines fungibility as a possible explanation for the "missing link" between foreign aid and economic growth. The composition of aid plays a crucial role in determining the composition of government spending and, consequently, the magnitude of fungibility and its impact on growth. Embedding fungibility as an equilibr...