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Optimal Discipline in Donor-Recipient Relationships -Reframing the Aid Effectiveness Debate

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Academic year: 2021

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Table 1: Properties of optimal aid delivery instruments: a summary table
Figure 1: Equilibrium of marginal utility and marginal cost of external discipline when q>2 and m>2
Figure 2: Equilibrium of marginal utility and marginal cost of external discipline when m > 2 and q ≤ 2 : case where the optimal discipline is ϕ = 0
Figure 3: Equilibrium of marginal utility and marginal cost of external discipline when m > 2 and q ≤ 2 : case where the optimal discipline is interior solution ϕ 0
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