Publication: Policy Selectivity Forgone: Debt and Donor Behavior in Africa
Date
2003-09
ISSN
Published
2003-09
Author(s)
Birdsall, Nancy
Claessens, Stijn
Diwan, Ishac
Abstract
Authors assess the dynamics behind the
high net resource transfers by donors and creditors to
Sub-Saharan African countries. Analyzing the determinants of
overall net transfers for a panel of 37 recipient countries
in 1978-98, Authors find that country policies mattered
little. Donors especially bilateral donors actually made
greater transfers to countries with high debt, largely owed
to multilateral creditors, when policies were
'bad'. Authors conclude that comprehensive debt
relief has the potential, though not the certainty, to
restore selectivity in support of good policies. That would
make development assistance more effective going forward and
increase public support in donor countries.
Citation
“Birdsall, Nancy; Claessens, Stijn; Diwan, Ishac. 2003. Policy Selectivity Forgone: Debt and Donor Behavior in Africa. World Bank Economic Review. © Washington, DC: World Bank. http://openknowledge.worldbank.org/handle/10986/17182?locale-attribute=en License: CC BY-NC-ND 3.0 IGO.”
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World Bank Economic Review
1564-698X
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