Business Cycle Fluctuations, Large Shocks, and Development Aid : New Evidence /
We examine the cyclical properties of development aid using bilateral data for 22 donors and over 100 recipients during 1970?2005. We find that bilateral aid flows are on average procyclical with respect to business cycles in donor and recipient countries. However, they become countercyclical when r...
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| Outros Autores: | , |
| Formato: | Periódico |
| Idioma: | English |
| Publicado em: |
Washington, D.C. :
International Monetary Fund,
2010.
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| coleção: | IMF Working Papers; Working Paper ;
No. 2010/240 |
| Acesso em linha: | Full text available on IMF |