Aid with Multiple Personalities

Aid with Multiple Personalities

The existing research on foreign aid offers inconclusive evidence on the factors that make aid effective. In this paper, we study the supply of aid money in 112 developing countries over the period 1960-1999 and find that the presence of multiple donors in a given country renders aid less effective....

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Main Authors: Djankov, Simeon, Montalvo, Jose G., Reynal-Querol, Marta
Format: Journal Article
Language:EN
Published: 2012
Subjects:
Foreign Aid F350
International Linkages to Development
Role of International Organizations O190
Online Access:http://hdl.handle.net/10986/5664
id okr-10986-5664
recordtype oai_dc
spelling okr-10986-56642021-04-23T14:02:23Z Aid with Multiple Personalities Djankov, Simeon Montalvo, Jose G. Reynal-Querol, Marta Foreign Aid F350 International Linkages to Development Role of International Organizations O190 The existing research on foreign aid offers inconclusive evidence on the factors that make aid effective. In this paper, we study the supply of aid money in 112 developing countries over the period 1960-1999 and find that the presence of multiple donors in a given country renders aid less effective. In particular, an aid-receiving country at the median of the donor fractionalization distribution will grow one percentage point faster than a country at the 75th percentile. This is in part because donor fragmentation is associated with increased corruption in the recipient country's government. 2012-03-30T07:33:56Z 2012-03-30T07:33:56Z 2009 Journal Article Journal of Comparative Economics 01475967 http://hdl.handle.net/10986/5664 EN http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Bank Journal Article
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language EN
topic Foreign Aid F350
International Linkages to Development
Role of International Organizations O190
spellingShingle Foreign Aid F350
International Linkages to Development
Role of International Organizations O190
Djankov, Simeon
Montalvo, Jose G.
Reynal-Querol, Marta
Aid with Multiple Personalities
relation http://creativecommons.org/licenses/by-nc-nd/3.0/igo
description The existing research on foreign aid offers inconclusive evidence on the factors that make aid effective. In this paper, we study the supply of aid money in 112 developing countries over the period 1960-1999 and find that the presence of multiple donors in a given country renders aid less effective. In particular, an aid-receiving country at the median of the donor fractionalization distribution will grow one percentage point faster than a country at the 75th percentile. This is in part because donor fragmentation is associated with increased corruption in the recipient country's government.
format Journal Article
author Djankov, Simeon
Montalvo, Jose G.
Reynal-Querol, Marta
author_facet Djankov, Simeon
Montalvo, Jose G.
Reynal-Querol, Marta
author_sort Djankov, Simeon
title Aid with Multiple Personalities
title_short Aid with Multiple Personalities
title_full Aid with Multiple Personalities
title_fullStr Aid with Multiple Personalities
title_full_unstemmed Aid with Multiple Personalities
title_sort aid with multiple personalities
publishDate 2012
url http://hdl.handle.net/10986/5664
_version_ 1764395870989582336

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