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How Is Foreign Aid Spent? Evidence from a Natural Experiment
International Finance Energy Sources Energy Industry Asia
2015/4/21
We use oil price fluctuations to construct a new instrument to test the impact of transfers from wealthy OPEC nations to their poorer Muslim allies. The instrument identifies plausibly exogenous varia...
Foreign Aid and Economic Development:Tanzania's Experience with ODA
Official development assistance Tanzania foreign direct investment
2010/12/7
The paper deals with official development assistance (ODA) to Tanzania and its impact on economic growth and poverty reduction. Although there has been much debate about the relationship between forei...
WHY FOREIGN AID FAILS
FOREIGN AID FAILS
2014/6/25
The main point of this paper is that foreign aid fails because the structure of its incentives resembles tha t of central planning. Aid is not only ineffective, it is arguablycounterproductive. Contra...