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Eric Gabin Kilama |
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''Recipients aid absorption in the new development cooperation landscape'' |
( 2014, Vol. 34 No.3 ) |
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From the perspective of recipients, the presence of emerging donors in the aid landscape represents an opportunity to attract additional resources to finance development. This paper investigates how low income countries deal with this complex and changing aid landscape and explore how this situation influences their macroeconomic management of aid flows. Our findings suggest that countries receiving additional aid flows from emerging donors enhance their fiscal response to aid through an increase in their aid absorption rate. |
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Keywords: Emerging donors, Aid allocation, Absorptive capacity, Aid fragmentation, Low-income countries, Ownership |
JEL: O1 - Economic Development: General
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Manuscript Received : Apr 07 2014 | | Manuscript Accepted : Aug 27 2014 |
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