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Responses to global challenges: trends in aid-financed global public goods

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  • Alessandra Cepparulo
  • Luisa Giuriato

Abstract

type="main" xml:id="dpr12163-abs-0001"> Based on four decades (1973–2013) of OECD-Development Assistance Committee aid to developing countries, this article aims to show aid-financed global public goods trends, their changing composition and their main drivers. In particular, a constant increase in the share of aid-financed global public goods and a shift towards weighted-sum and weakest-link global goods are observed. Economic conditions, imitation effects, global engagement and domestic spending result as the main drivers of donors’ demand for aid-financed global public goods. Besides, a certain complementarity in the provision of global goods plays a role, especially in European countries and Japan, partially easing the prognosis for the collective action problems related to global goods

Suggested Citation

  • Alessandra Cepparulo & Luisa Giuriato, 2016. "Responses to global challenges: trends in aid-financed global public goods," Development Policy Review, Overseas Development Institute, vol. 34(4), pages 483-507, July.
  • Handle: RePEc:bla:devpol:v:34:y:2016:i:4:p:483-507
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    File URL: http://hdl.handle.net/10.1111/dpr.2016.34.issue-4
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    1. repec:eee:wdevel:v:96:y:2017:i:c:p:375-389 is not listed on IDEAS

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