Based on four decades (1973-2013) of DAC aid to developing countries, this paper aims at showing aid-financed global public goods trends, their changing composition and their main drivers. In particular, a constant increase in the share of aid-financed global public goods, together with a shift towards weighted-sum and weakest-link global goods are observed. Economic conditions, imitation effects, global engagement and domestic spending result as the main drivers of donors' demand of aid-financed global public goods. Besides, a certain complementarity in global goods provision plays a role, especially in European countries and Japan, partially easing the prognosis for the collective action problems related to global goods
Responses to global challenges. Trends in aid-financed global public goods / Cepparulo, Alessandra; Giuriato, Luisa. - In: DEVELOPMENT POLICY REVIEW. - ISSN 0950-6764. - STAMPA. - 34:4(2016), pp. 483-507. [10.1111/dpr.12163]
Responses to global challenges. Trends in aid-financed global public goods
Giuriato, Luisa
2016
Abstract
Based on four decades (1973-2013) of DAC aid to developing countries, this paper aims at showing aid-financed global public goods trends, their changing composition and their main drivers. In particular, a constant increase in the share of aid-financed global public goods, together with a shift towards weighted-sum and weakest-link global goods are observed. Economic conditions, imitation effects, global engagement and domestic spending result as the main drivers of donors' demand of aid-financed global public goods. Besides, a certain complementarity in global goods provision plays a role, especially in European countries and Japan, partially easing the prognosis for the collective action problems related to global goodsFile | Dimensione | Formato | |
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