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  • All HBS Web  (133)
    • News  (30)
    • Research  (77)
  • Faculty Publications  (22)

Show Results For

  • All HBS Web  (133)
    • News  (30)
    • Research  (77)
  • Faculty Publications  (22)
Page 1 of 133 Results →
  • 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
Keywords: Foreign Aid; Money
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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
Keywords: foreign aid; Government
  • 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
Keywords: Foreign Aid; Governance; Value
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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
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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.
  • 21 Oct 2010
  • News

D.I.Y. Foreign Aid

Keywords: hygiene; Social Assistance; Health, Social Assistance; Religious, Grantmaking, Civic, Professional, and Similar Organizations; Personal Services

    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

    • 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
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    Muzinich, Justin, and Eric D. Werker. "A Better Approach to Foreign Aid." Policy Review 149 (June–July 2008).
    • 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

    • 05 Oct 2013
    • News

    The Returns on Foreign Aid Investment

    • 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
    Keywords: International Finance; Energy Sources; Energy Industry; Asia
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    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.)
    • 15 May 2007
    • Working Paper Summaries

    How is Foreign Aid Spent? Evidence from a Compelling Natural Experiment

    Keywords: by Eric Werker, Faisal Z. Ahmed & Charles Cohen
    • 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
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    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.
    Keywords: Foreign Direct Investment; International Finance; United States; Egypt
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    Wells, L. T., Jr. "United States Aid and Foreign Direct Investment in Egypt." In Proceedings of the Conference on Policies and Strategies of USAID in Egypt. , University of Pennsylvania, Philadelphia, January 01, 1978.
    • 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
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    Fibiger, Mattias. "The Nixon Doctrine and the Making of Authoritarianism in Island Southeast Asia." Diplomatic History 45, no. 5 (November 2021): 954–982.
    • 15 Aug 2016
    • News

    Entrepreneurship Needs to Be a Bigger Part of U.S. Foreign Aid

    • 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
    Citation
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    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
    Keywords: by Sean Silverthorne; Energy; Utilities
    • 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
    Keywords: War; International Relations; Religion; Energy Sources
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    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.
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