Aide Au Développement Et Information Asymétrique : Une Analyse Principal-Agent
In recent years some critiques toward the efficiency of foreign aid have appeared in the economic literature. The allocation of foreign aid toward corrupt governments induces the failure of development policies. Donors have to control the use of aid in order to avoid the risk of kleptocracy. Our work is based on the role of the principal-agent model as a tool to analyze the allocating of foreign aid. We use the principal-agent model to formalize the problem of aid efficiency. We find that foreign aid allocation without any coordination between donors induces inefficiency in the setting out of development policies.
Volume (Year): 34 (2011)
Issue (Month): ()
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- Svensson, J., 1995.
"When Is Foreign Aid Policy Credible? Aid Dependence and Conditionality,"
600, Stockholm - International Economic Studies.
- Svensson, Jakob, 2000. "When is foreign aid policy credible? Aid dependence and conditionality," Journal of Development Economics, Elsevier, vol. 61(1), pages 61-84, February.
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- Svensson, Jakob, 1997. "When is foreign aid policy credible : aid dependence and conditionality," Policy Research Working Paper Series 1740, The World Bank.
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"Who Gives Foreign Aid to Whom and Why?,"
NBER Working Papers
6612, National Bureau of Economic Research, Inc.
- repec:cup:cbooks:9780521055390 is not listed on IDEAS
- Alberto Alesina & Beatrice Weder, 2002.
"Do Corrupt Governments Receive Less Foreign Aid?,"
American Economic Review,
American Economic Association, vol. 92(4), pages 1126-1137, September.
- Alberto Alesina & Beatrice Weder, 1999. "Do Corrupt Governments Receive Less Foreign Aid?," NBER Working Papers 7108, National Bureau of Economic Research, Inc.
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- Mathias Dewatripont & Patrick Bolton, 2005.
ULB Institutional Repository
2013/9543, ULB -- Universite Libre de Bruxelles.
- Svensson, Jakob, 2003. "Why conditional aid does not work and what can be done about it?," Journal of Development Economics, Elsevier, vol. 70(2), pages 381-402, April.
- Azam, Jean-Paul & Laffont, Jean-Jacques, 2003. "Contracting for aid," Journal of Development Economics, Elsevier, vol. 70(1), pages 25-58, February.
- repec:cup:cbooks:9780521808187 is not listed on IDEAS
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