Donor competition for aid impact, and aid fragmentation /
This paper shows that donors that maximize relative aid impact spread their budgets across many recipient countries in a unique Nash equilibrium, explaining aid fragmentation. This equilibrium may be inefficient even without fixed costs, and the inefficiency increases in the equality of donors'...
Cote: | Libro Electrónico |
---|---|
Auteurs principaux: | Annen, Kurt, 1967- (Auteur), Moers, Luc (Auteur) |
Collectivité auteur: | International Monetary Fund. Middle East and Central Asia Department |
Format: | Électronique eBook |
Langue: | Inglés |
Publié: |
[Washington, D.C.] :
International Monetary Fund,
©2012.
|
Collection: | IMF working paper ;
WP/12/204. |
Sujets: | |
Accès en ligne: | Texto completo |
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