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

Alessandra Cepparulo and Luisa Giuriato

Development Policy Review, 2016, vol. 34, issue 4, 483-507

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

Date: 2016
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