Contracting for aid
Contracting for aid
复制标题
签订援助合同
DOI:
10.1016/s0304-3878(02)00085-8
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发表时间:
2003
影响因子:
5
通讯作者:
J. Laffont
中科院分区:
文献类型:
--
作者:
J. Azam;J. Laffont
Foreign aid is analyzed as a contract where the North gives a transfer to the South in return for poverty reduction, regarded as an international public good. The issue of conditionality is first discussed in a moral hazard framework, and then under asymmetric information about the degree of altruism of the government of the South. Additional actors like local NGOs and multilateral aid institutions are then added to the model. The optimal contracts to avoid free-riding or collusion are then presented.