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Aid Allocation Volatility to Small Island States

Author

Listed:
  • Matthew Clarke
  • Tim R. L. Fry
  • Sandra Mihajilo

Abstract

Aid is an important resource for developing countries. Many small island states (including those in the Pacific) are highly reliant on aid to supplement meagre government resources and other foreign capital inflows. This paper investigates the conditional volatility of aid (for bilateral aid disaggregated into sector aid and programme aid, and multilateral aid) to small island states using an econometric framework.

Suggested Citation

  • Matthew Clarke & Tim R. L. Fry & Sandra Mihajilo, 2007. "Aid Allocation Volatility to Small Island States," WIDER Working Paper Series RP2007-18, World Institute for Development Economic Research (UNU-WIDER).
    • Handle: RePEc:unu:wpaper:rp2007-18
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    File URL: https://www.wider.unu.edu/sites/default/files/rp2007-18.pdf
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