Global Challenges and Country-Specific Responses through Aid Financing of Global Public Goods

Autor:	Alessandra Cepparulo, Luisa Giuriato
Rok vydání:	2012
Předmět:	Official Development Assistance (ODA) Global public goods DAC donors jel:H41 jel:F35 jel:H87
Popis:	In this paper we revisit the impact of global public goods (GPGs) in Official Development Assistance budgets using panel data covering the DAC countries during the period 1973-2009. Our findings reveal a weak crowding-out effect of traditional aid and an increasing financing to weakest-link technology GPGs by rich countries aiming at avoiding sub-optimal levels of provision in strategic sectors. Searching for the determinants of GPG-related aid, we find a significant role played by variables expressing donors’ public finance constraints, openness to the rest of the world and preferences for domestic expenditures.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=od_______645::61c5c4d6b5014c88976a0151a557c4af http://www.dipecodir.it/upload/wp/pdf/wp156.pdf Zobrazit plný text záznamu