The Politics of Foreign Aid: A Median Voter Perspective

Autor:	Pascalis Raimondos-Møller, Wolfgang Mayer
Rok vydání:	2003
Předmět:	Stylized fact business.industry media_common.quotation_subject Geography Planning and Development Perspective (graphical) Distribution (economics) Development Terms of trade Altruism Politics Economics Demographic economics sense organs business media_common
Zdroj:	Scopus-Elsevier
ISSN:	1467-9361 1363-6669
DOI:	10.1111/1467-9361.00183
Popis:	The paper presents a model where the median voter in the donor country determines the support of foreign aid. It is first established that an individual in the donor country is affected by the direct benefits (due to altruism) and costs (due to taxes) of giving aid, and by the indirect benefits or costs of a change in the terms of trade. Then it is shown that the latter effect works through changing both the donor country's average income and its distribution of income. Given the stylized facts of a capital-abundant donor country and relatively capital-poor median voter, it is shown how redistribution-of-income effects soften the impact of terms-of-trade changes on the political support for foreign aid.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_dedup___::989fcf1418d5acf568b1c8de937d4261 https://doi.org/10.1111/1467-9361.00183 Zobrazit plný text záznamu Plný text ve formátu PDF