Journal Article
Does social spending improve welfare in low- and middle-income countries?
Over the past two decades, there has been unprecedented attention to the promotion of human development via government spending in the social sectors as a conditio sine qua non for economic growth and improved aggregate welfare. Yet the existing...
Presentation
Social Spending and Aggregate Welfare in Developing and Transition Economies
On 11 September 2014, Miguel Niño Zarazua presented his recent study at the Development Economics Vice Presidency (DEC) of the World Bank, which finds strong evidence of a positive causal effect of social spending on aggregate welfare. Democratic...
Thu, 11 September 2014
World Bank,
1818 H St NW,
Washington DC,
United States
Past event
Working Paper
Can fungibility of development aid lead to more effective achievement of the SDGs?
In this paper, we explore the relationship between foreign aid fungibility and aggregate welfare. Using panel data from 35 low-income and lower-middle-income countries, we first check the presence of sectoral aid fungibility in our sample and find...
Blog
Aid fungibility, ownership and the effectiveness agenda
by
Zunera Rana
June 2023
For many people, aid fungibility is a misunderstood topic—it is mostly confused with the idea of corruption. Aid fungibility, on the other hand, is...