Aid fungibility in Assessing Aid: red herring or true concern?

159 citations recorded by the source corpus.

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

Does aid increase growth? (2001, background): “Many commentators, including World Bank (1998), are concerned about fungibility, that aid intended for investment is diverted to nonproductive uses (McGillivray and Morrissey, 2000, provide a critical examination of this literature).”
The fiscal effects of aid in Ghana (2005, background): “Identifying the fiscal effects of aid is a prerequisite to understanding the macroeconomic effectiveness of aid (McGillivray and Morrissey 2000).”
Counting Chickens when they Hatch: Timing and the Effects of Aid on Growth* (2012, unknown): “A reasonable conclusion from the aid fungibility literature – surveyed in Devarajan and Swaroop (2000) and McGillivray and Morrissey (2000) – is that aid is partially fungible.”
Aid, public spending and human welfare: evidence from quantile regressions (2005, background): “2 We abstract from concerns of fungibility and fiscal response (see McGillivray and Morrissey, 2000, 2001).”
Budget Support as More Effective Aid? Recent Experiences and Emerging Lessons (2006, background): “This literature is reviewed in McGillivray and Morrissey (2004), and we consider only the core issues below.”