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- July 2009
- Article
How Is Foreign Aid Spent? Evidence from a Natural Experiment
By: Eric D. Werker, Faisal Z. Ahmed and Charles Cohen
We use oil price fluctuations to test the impact of transfers from wealthy OPEC nations to their poorer Muslim allies. The instrument identifies plausibly exogenous variation in foreign aid. We investigate how aid is spent by tracking its short-run effect on aggregate... View Details
Werker, Eric D., Faisal Z. Ahmed, and Charles Cohen. "How Is Foreign Aid Spent? Evidence from a Natural Experiment." American Economic Journal: Macroeconomics 1, no. 2 (July 2009): 225–244. (Reprinted in Geopolitics of Foreign Aid, ed. Helen Milner and Dustin Tingley. Northampton: Edward Elgar, 2013.)
- 01 Mar 2014
- News
Faculty Q&A: The Future of Foreign Aid
promoter of development? Foreign investment will play a small part, possibly a catalytic one, but at the end of the day, countries will get richer due to the activity of their domestic private sector. That said, to a large extent,... View Details
- October 2006
- Article
How Much Is a Seat on the Security Council Worth? Foreign Aid and Bribery at the United Nations
By: Ilyana Kuziemko and Eric D. Werker
Ten of the fifteen seats on the U.N. Security Council are held by rotating members
serving two-year terms. We find that a country's U.S. aid increases by 59 percent and its
U.N. aid by 8 percent when it rotates onto the council. This effect increases during years
in... View Details
Kuziemko, Ilyana, and Eric D. Werker. "How Much Is a Seat on the Security Council Worth? Foreign Aid and Bribery at the United Nations." Journal of Political Economy 114, no. 5 (October 2006): 905–930. (Reprinted in Geopolitics of Foreign Aid, ed. Helen Milner and Dustin Tingley. Northampton: Edward Elgar, 2013.)
- 2012
- Chapter
The Political Economy of Foreign Aid, Bilateral
By: E. Werker
Despite its developmental justification, aid is deeply political. This paper examines the political economy of aid allocation first from the perspective of the donor country, and then the political economy of aid receipt and implementation from the perspective of the... View Details
Keywords: Foreign Aid; Bilateral Foreign Aid; Political Economy; International Finance; Resource Allocation; Government and Politics; Economics
Werker, E. "The Political Economy of Foreign Aid, Bilateral." In Handbook of Safeguarding Global Financial Stability: Political, Social, Cultural, and Economic Theories and Models, by Gerard Caprio Jr., 47–57. Elsevier, 2012.
How Is Foreign Aid Spent?
We use oil price fluctuations to test the impact of transfers from wealthy OPEC nations to their poorer Muslim allies. The instrument identifies plausibly exogenous variation in foreign aid. We investigate how aid is spent by tracking its short-run effect on... View Details
- Research Summary
The Political Economy of Bilateral Foreign Aid
Despite its developmental justification, aid is deeply political. This paper examines the political economy of aid allocation first from the perspective of the donor country, and then the political economy of aid receipt and implementation from the perspective of... View Details
- 04 Jan 2013
- Working Paper Summaries
The Political Economy of Bilateral Foreign Aid
- June – July 2008
- Article
A Better Approach to Foreign Aid
By: Justin Muzinich and Eric D. Werker
Frustration with U.S. foreign aid is widespread. At the same time, flows of private development finance—including foreign direct investment and remittances—have begun to dwarf official aid. We suggest a new approach that harnesses the power of private development... View Details
Keywords: Developing Countries and Economies; Foreign Direct Investment; International Relations; Taxation; Welfare or Wellbeing; United States
Muzinich, Justin, and Eric D. Werker. "A Better Approach to Foreign Aid." Policy Review 149 (June–July 2008).
- 05 Oct 2013
- News
The Returns on Foreign Aid Investment
- 15 May 2007
- Working Paper Summaries
How is Foreign Aid Spent? Evidence from a Compelling Natural Experiment
- 2007
- Working Paper
How Is Foreign Aid Spent? Evidence from a Natural Experiment
By: Eric D. Werker, Faisal Z. Ahmed and Charles Cohen
We use oil price fluctuations to construct a new instrument to test the impact of transfers from wealthy OPEC nations to their poorer Muslim allies. The instrument identifies plausibly exogenous variation in foreign aid. We investigate how aid is spent by tracking its... View Details
Werker, Eric D., Faisal Z. Ahmed, and Charles Cohen. "How Is Foreign Aid Spent? Evidence from a Natural Experiment." Harvard Business School Working Paper, No. 07-074, April 2007. (Revised December 2007, July 2008.)
- September 2011 (Revised July 2013)
- Case
Pakistan: Is Foreign Aid Helping or Hindering Development?
By: Aldo Musacchio, Ada Chu, Shahnawaz Nawabi, Jonathan Schlefer and Emil Staykov
Keywords: Development Economics; Developing Countries and Economies; Foreign Direct Investment; Pakistan
Musacchio, Aldo, Ada Chu, Shahnawaz Nawabi, Jonathan Schlefer, and Emil Staykov. "Pakistan: Is Foreign Aid Helping or Hindering Development?" Harvard Business School Case 712-005, September 2011. (Revised July 2013.)
- 01 Jan 1978
- Conference Presentation
United States Aid and Foreign Direct Investment in Egypt
By: L. T. Wells Jr.
- 15 Aug 2016
- News
Entrepreneurship Needs to Be a Bigger Part of U.S. Foreign Aid
- November 2021
- Article
The Nixon Doctrine and the Making of Authoritarianism in Island Southeast Asia
By: Mattias Fibiger
This article argues that the Nixon Doctrine was an instrument of authoritarianization in island Southeast Asia. It traces the formulation of the Nixon Doctrine and its implementation through foreign aid decisions, revealing that President Richard Nixon and his chief... View Details
Keywords: Diplomacy; Foreign Aid; Authoritarianism; Geopolitics; Nixon; International Relations; Policy; History; Southeast Asia; United States
Fibiger, Mattias. "The Nixon Doctrine and the Making of Authoritarianism in Island Southeast Asia." Diplomatic History 45, no. 5 (November 2021): 954–982.
- 12 Dec 2010
- News
Would-be Haitian contractors miss out on aid
- 2006
- Working Paper
How Much Is a Seat on the Security Council Worth? Foreign Aid and Bribery at the United Nations
By: Ilyana Kuziemko and Eric D. Werker
Kuziemko, Ilyana, and Eric D. Werker. "How Much Is a Seat on the Security Council Worth? Foreign Aid and Bribery at the United Nations." Harvard Business School Working Paper, No. 06-029, January 2006. (Revised June 2006.)
- 05 Mar 2007
- Research & Ideas
Risky Business? Protecting Foreign Investments
Foreign investment in developing countries has always involved an element of risk. Just ask Verizon Communications, which could lose hundreds of millions of dollars in Venezuela should President Hugo Chávez follow through with plans... View Details
- 2015
- Article
Aid and the Rise and Fall of Conflict in the Muslim World
By: Faisal Z Ahmed and Eric D. Werker
The conflict following the Arab Spring is not the first wave of civil war in the Muslim world in recent time. From the mid-1980s to the end of the century, an average of one in 10 predominantly Muslim countries experienced violent civil war in any given year. We... View Details
Ahmed, Faisal Z., and Eric D. Werker. "Aid and the Rise and Fall of Conflict in the Muslim World." Quarterly Journal of Political Science 10, no. 2 (2015): 155–186.