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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...
The ‘right’ choice of instruments and modalities to provide aid to developing countries in support of poverty reduction and economic development is arguably the most contested issue in the current international debate on aid effectiveness. A...
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...