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| Tekijä: | Fielding, D. Mavrotas, G. |
| Otsikko: | Aid volatility and donor-recipient characteristics in 'difficult partnership countries' |
| Lehti: | Economica
2008 : AUG, VOL. 75:299, p. 481-494 |
| Asiasana: | economic development economic conditions international relations investments aid volatility |
| Kieli: | eng |
| Tiivistelmä: | Volatility (hereafter as: vol.) is one factor limiting aid effectiveness. This paper examines aid vol. in 66 countries from 1975 to 2004, focusing especially on the characteristics (here as: chars.) of 'difficult partnership countries', and making a distinction btw. sector aid and total aid. It is explored whether weak recipient institutions and policies are associated with greater vol., allowing for differences in donor chars. Institutional quality and macroeconomic stability affect the stability of all kinds of aid, as does reliance on a small number of donors. However, the relative importance of these effects varies across different aid types. |
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