Arbeitspapier
Multilateral intermediation of foreign aid: What is the trade-off for donor countries?
Why would bilateral donors intermediate aid through a multilateral and not extend aid directly? This paper suggests a trade-off: multiple bilateral donors for each recipient may imply coordination and strategic problems but intermediating through a multilateral may dilute individual donor objectives. The paper conducts traditional panel and truly bilateral regressions with bilateral-pair, fixed effects to model aid allocation decisions. The results confirm that politics is important for bilateral donors but also that aid fragmentation and strategic behavior affect aid allocation. Multilaterals solve strategic and coordination problems between donors and, while politics remains significant, there is some evidence for a dilution of this effect.
- Sprache
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Englisch
- Erschienen in
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Series: Working Paper ; No. 594
International Lending and Debt Problems
Foreign Aid
International Linkages to Development; Role of International Organizations
Capital Flows
Multilaterals
Panel
Entwicklungshilfe
Bilaterale Entwicklungshilfe
Entwicklungskooperation
Entwicklungsstrategie
Bobba, Matteo
- Handle
- Letzte Aktualisierung
-
20.09.2024, 08:22 MESZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Powell, Andrew
- Bobba, Matteo
- Inter-American Development Bank, Research Department
Entstanden
- 2006