Policy Selectivity Forgone: Debt and Donor Behavior in Africa
研究了1978-98年37个撒哈拉以南非洲国家的净转移数据，发现捐助者并未根据政策好坏分配援助，反而向高债务国提供更多转移，表明全面债务减免可能恢复对良好政策的支持。
Authors assess the dynamics behind the \n high net resource transfers by donors and creditors to \n Sub-Saharan African countries. Analyzing the determinants of \n overall net transfers for a panel of 37 recipient countries \n in 1978-98, Authors find that country policies mattered \n little. Donors especially bilateral donors actually made \n greater transfers to countries with high debt, largely owed \n to multilateral creditors, when policies were \n 'bad'. Authors conclude that comprehensive debt \n relief has the potential, though not the certainty, to \n restore selectivity in support of good policies. That would \n make development assistance more effective going forward and \n increase public support in donor countries.