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Aid fungibility, ownership and the effectiveness agendaFor many people, aid fungibility is a misunderstood topic—it is mostly confused with the idea of corruption. Aid fungibility, on the other hand, is...
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...
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...
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...