Foreign Aid and Rent seeking is popular PDF and ePub book, written by Jakob Svensson in 1998, it is a fantastic choice for those who relish reading online the Ayuda economica genre. Let's immerse ourselves in this engaging Ayuda economica book by exploring the summary and details provided below. Remember, Foreign Aid and Rent seeking can be Read Online from any device for your convenience.
Foreign Aid and Rent seeking Book PDF Summary
February 1998 Why has foreign aid had so seemingly poor a macroeconomic impact in many developing countries? Is there a relationship between concessional assistance, widespread corruption, and other types of rent-seeking? To address the relationship between concessional assistance, corruption, and other types of rent-seeking activities, the author provides a simple game-theoretic rent-seeking model. Insights with interesting implications emerge from the analysis: - An increase in government revenue (from windfalls, for example, or from increased foreign aid) does not necessarily lead to the provision of more public goods and in certain circumstances may reduce it. - The mere expectation of aid may suffice to increase rent-dissipation and reduce productive public spending. But if the donor community can enter into a binding policy commitment, this result may be reversed. The author provides some preliminary empirical evidence in support of the hypothesis that windfalls and foreign aid, in countries suffering from a divided policy process, are on average associated with more extensive corruption. He finds no evidence that donors systematically allocate aid to countries with less corruption. The results accords with recent empirical findings that aid is more effective, the greater the effort to direct it to good performers. But such a regime shift may involve an aid policy that in the short run provides more assistance to countries in less need and less aid to those in most need. Enforcing such a regime shift might be difficult. This paper--a product of the Development Research Group--is part of a larger effort in the group to study the effectiveness of foreign aid.
Detail Book of Foreign Aid and Rent seeking PDF
- Author : Jakob Svensson
- Release : 30 September 1998
- Publisher : World Bank Publications
- ISBN : 978186723xxxx
- Genre : Ayuda economica
- Total Page : 33 pages
- Language : English
- PDF File Size : 12,6 Mb
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