In the Aftermath of Large Natural Disasters, what happens to foreign aid?
We examine Official Development Assistance (ODA) in the aftermath of large natural disasters in developing countries between 1970 and 2008. We find that while ODA increases significantly compared to pre-disaster flows, the typical surges are small in relation to the size of the affected economies or the estimated economic damages. Moreover, we find that the size of the surges is related to the catastrophic nature of the event itself and the lack of other resources available to the affected countries. However, we do not find robust evidence that political affinity between donors and affected countries, and common geo-strategic interests, matter for the allocation of post disaster aid.
|Date of creation:||15 Sep 2010|
|Date of revision:|
|Contact details of provider:|| Postal: |
Web page: http://www.economics.hawaii.edu/
More information through EDIRC
|Order Information:|| Web: http://www.economics.hawaii.edu/research/working.html Email: |
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- David Antonio C., 2011.
"How do International Financial Flows to Developing Countries Respond to Natural Disasters?,"
Global Economy Journal,
De Gruyter, vol. 11(4), pages 1-38, December.
- Antonio David, 2010. "How do International Financial Flows to Developing Countries Respond to Natural Disasters?," IMF Working Papers 10/166, International Monetary Fund.
- Buffie, Edward F. & O'Connell, Stephen A. & Adam, Christopher, 2010. "Fiscal inertia, donor credibility, and the monetary management of aid surges," Journal of Development Economics, Elsevier, vol. 93(2), pages 287-298, November.
- Matteo Bobba & Andrew Powell, 2006.
"Multilateral Intermediation of Foreign Aid: What is the Trade-Off for Donor Countries?,"
IDB Publications (Working Papers)
6728, Inter-American Development Bank.
- Matteo Bobba & Andrew Powell, 2006. "Multilateral Intermediation of Foreign Aid: What is the Trade-Off for Donor Countries?," Research Department Publications 4500, Inter-American Development Bank, Research Department.
- Paul A. Raschky & Manijeh Schwindt, 2009.
"On the Channel and Type of International Disaster Aid,"
2009-16, Faculty of Economics and Statistics, University of Innsbruck.
- Raschky, Paul A. & Schwindt, Manijeh, 2009. "On the channel and type of international disaster aid," Policy Research Working Paper Series 4953, The World Bank.
- Chong, Alberto & Gradstein, Mark, 2008. "What determines foreign aid? The donors' perspective," Journal of Development Economics, Elsevier, vol. 87(1), pages 1-13, August.
- Ilan Noy, 2007.
"The Macroeconomic Consequences of Disasters,"
200707, University of Hawaii at Manoa, Department of Economics.
- Matteo Bobba & Andrew Powell, 2007. "Aid and Growth: Politics Matters," Research Department Publications 4511, Inter-American Development Bank, Research Department.
- Eduardo Cavallo & Andrew Powell & Oscar Becerra, 2010.
"Estimating the Direct Economic Damage of the Earthquake in Haiti,"
Research Department Publications
4652, Inter-American Development Bank, Research Department.
- Eduardo Cavallo & Andrew Powell & Oscar Becerra, 2010. "Estimating the Direct Economic Damages of the Earthquake in Haiti," Economic Journal, Royal Economic Society, vol. 120(546), pages F298-F312, 08.
- Eduardo A. Cavallo & Andrew Powell & Oscar Becerra, 2010. "Estimating the Direct Economic Damage of the Earthquake in Haiti," IDB Publications (Working Papers) 6781, Inter-American Development Bank.
- Frot, Emmanuel & Santiso, Javier, 2009.
"Herding in Aid Allocation,"
SITE Working Paper Series
5, Stockholm Institute of Transition Economics, Stockholm School of Economics, revised 02 Oct 2009.
- Stéphane Hallegatte & Valentin Przyluski, 2010. "The Economics of Natural Disasters," CESifo Forum, Ifo Institute for Economic Research at the University of Munich, vol. 11(2), pages 14-24, 07.
When requesting a correction, please mention this item's handle: RePEc:hai:wpaper:201018. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Web Technician)
If references are entirely missing, you can add them using this form.