We build on Bulir and Hamann's analysis of aid volatility (2003, 2005), showing that the conclusions reached depend on the dataset used. Their argument that the poorest countries have the highest volatility appears not to be correct. The impact of volatility on growth is negative overall, but differs between positive and negative volatility. The mix between `responsive´ components of aid, e.g. programme aid, and `proactive´ components, e.g. technical assistance, is important. Finally, we conclude that measures which increase trust between donor and recipient, and reductions in the degree of donor `oligopoly´, reduce aid volatility without obviously reducing its effectiveness
In previous papers we have argued that aid is likely to mitigate the negative effects of external sh...
2006 This Working Paper should not be reported as representing the views of the IMF. The views expre...
One factor limiting aid effectiveness is its volatility. We examine aid volatility in 66 countries o...
In previous papers we have argued that aid is likely to mitigate the negative effects of external sh...
In previous papers we have argued that aid is likely to mitigate the negative effects of external sh...
Issues related to the volatility of aid flows are now becoming crucial in view of their relevance to...
In two previous papers we have argued that aid is likely to mitigate the negative effects of externa...
SummaryWe conclude that individual aid sector volatility matters as well as total aid volatility. Ea...
International audienceA 2009.25 In previous papers the authors have argued that aid is likely to mit...
In previous papers the authors have argued that aid is likely to mitigate the negative effects of ex...
The World Bank report Assessing Aid assumes that aid is more effective when it is given to countries...
In previous papers we have argued that aid is likely to mitigate the negative effects of external sh...
In previous papers we have argued that aid is likely to mitigate the negative effects of external sh...
2006 This Working Paper should not be reported as representing the views of the IMF. The views expre...
One factor limiting aid effectiveness is its volatility. We examine aid volatility in 66 countries o...
In previous papers we have argued that aid is likely to mitigate the negative effects of external sh...
In previous papers we have argued that aid is likely to mitigate the negative effects of external sh...
Issues related to the volatility of aid flows are now becoming crucial in view of their relevance to...
In two previous papers we have argued that aid is likely to mitigate the negative effects of externa...
SummaryWe conclude that individual aid sector volatility matters as well as total aid volatility. Ea...
International audienceA 2009.25 In previous papers the authors have argued that aid is likely to mit...
In previous papers the authors have argued that aid is likely to mitigate the negative effects of ex...
The World Bank report Assessing Aid assumes that aid is more effective when it is given to countries...
In previous papers we have argued that aid is likely to mitigate the negative effects of external sh...
In previous papers we have argued that aid is likely to mitigate the negative effects of external sh...
2006 This Working Paper should not be reported as representing the views of the IMF. The views expre...
One factor limiting aid effectiveness is its volatility. We examine aid volatility in 66 countries o...