Aid Allocation Volatility to Small Island States

Matthew Clarke, Tim Fry and Sandra Mihajilo

No RP2007-18, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: Aid is an important resource for developing countries. Many small island states (including those in the Pacific) are highly reliant on aid to supplement meagre government resources and other foreign capital inflows. This paper investigates the conditional volatility of aid (for bilateral aid disaggregated into sector aid and programme aid, and multilateral aid) to small island states using an econometric framework.

Keywords: Econometric models; Economic assistance and foreign aid (search for similar items in EconPapers)
Date: 2007
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Persistent link: https://EconPapers.repec.org/RePEc:unu:wpaper:rp2007-18

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