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 budge...
| المؤلف الرئيسي: | |
|---|---|
| مؤلفون آخرون: | |
| التنسيق: | دورية |
| اللغة: | English |
| منشور في: |
Washington, D.C. :
International Monetary Fund,
2012.
|
| سلاسل: | IMF Working Papers; Working Paper ;
No. 2012/204 |
| الوصول للمادة أونلاين: | Full text available on IMF |