Performance assessment, vulnerability, human capital, and the allocation of aid among developing countries Guillaumont, Patrick, McGillivray, Mark and Wagner, Laurent 2017, Performance assessment, vulnerability, human capital, and the allocation of aid among developing countries, World development, vol. 90, pp. 17-26, doi: 10.1016/j.worlddev.2015.05.005. Attached Files Name Description MIMEType Size Downloads Title Performance assessment, vulnerability, human capital, and the allocation of aid among developing countries Author(s) Guillaumont, Patrick McGillivray, Mark orcid.org/0000-0002-6461-2706 Wagner, Laurent Journal name World development Volume number 90 Start page 17 End page 26 Total pages 10 Publisher Elsevier Place of publication Amsterdam, The Netherlands Publication date 2017-02 ISSN 0305-750X 1873-5991 Keyword(s) performance aid allocation human capital vulnerability exogenous shocks Summary Developing country performance with respect to economic policies and institutional behavior is a common criterion for the allocation of aid among recipient countries. This paper examines how performance is used, arguing that performance is too narrowly defined. A more appropriate definition is one that controls for the economic vulnerability and human capital of developing countries. Econometric analysis of cross-section and panel data is presented that supports this contention. The paper also contends that performance and exogenous economic shocks are likely to be pro-cyclical. This implies a double punishment when aid is allocated according to performance. Evidence of such punishment is also provided. The paper concludes by arguing that economic vulnerability and human capital variables should augment performance measures in aid allocation decision-making. Language eng DOI 10.1016/j.worlddev.2015.05.005 Field of Research 140202 Economic Development and Growth 16 Studies In Human Society 14 Economics Socio Economic Objective 970114 Expanding Knowledge in Economics HERDC Research category C1 Refereed article in a scholarly journal ERA Research output type C Journal article Copyright notice ©2015, Elsevier Persistent URL http://hdl.handle.net/10536/DRO/DU:30082833 Document type: Journal Article Collection: Alfred Deakin Research Institute Related Links Link Description Connect to published version Go to link with your DU access privileges     Unless expressly stated otherwise, the copyright for items in DRO is owned by the author, with all rights reserved. Versions Version Filter Type Thu, 14 Apr 2016, 13:21:02 EST Thu, 30 Jun 2016, 21:10:19 EST Fri, 01 Jul 2016, 05:00:18 EST Fri, 01 Jul 2016, 06:10:59 EST Fri, 08 Jul 2016, 12:54:47 EST Mon, 11 Jul 2016, 15:35:24 EST Mon, 16 Jan 2017, 09:24:21 EST Sat, 21 Jan 2017, 01:31:06 EST Wed, 01 Mar 2017, 07:55:15 EST Filtered Full Citation counts:   Cited 1 times in TR Web of Science Cited 2 times in Scopus Search Google Scholar Access Statistics: 229 Abstract Views, 1 File Downloads  -  Detailed Statistics Created: Thu, 30 Jun 2016, 21:10:19 EST

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