Post-conflict countries receive substantial aid flows after the start of peace. While post-conflict countries' capacity to absorb aid (that is, the quality of their policies and institutions) is built up only gradually after the onset of peace, the evidence suggests that aid tends to peak immediately after peace is attained and decline thereafter. Aid composition broadly reflects post-conflict priorities, with large parts of aid financing social expenditure...
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INFORMATION
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2007/04/01
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Document de travail de recherche sur les politiques
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WPS4187
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1
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1
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2010/07/01
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Disclosed
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Post-conflict aid, real exchange rate adjustment, and catch-up growth
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Net private capital inflows