Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/316596 
Authors: 
Year of Publication: 
2021
Citation: 
[Journal:] East Asian Economic Review (EAER) [ISSN:] 2508-1667 [Volume:] 25 [Issue:] 4 [Year:] 2021 [Pages:] 339-360
Publisher: 
Korea Institute for International Economic Policy (KIEP), Sejong-si
Abstract: 
More donors are formally assessing their multilateral aid disbursement policies as well as the multilateral institutions that they contribute to. Analyzing OECD Creditor Reporting System data from 2011 to 2019 of 23 donors and 34 multilateral organizations, we find evidence of institutional portfolio building of donors to align multilateral and bilateral aid channels. Such tendency is more pronounced for core-funding than multi-bi funding and much stronger at the recipient country level than at the sectoral level. Smaller donors that operate from a limited multilateral budget show greater preferences for geographical similarity. When donors give to institutions with sectoral specialization, they seek sectoral similarity with their bilateral aid.
Subjects: 
Multilateral Aid
Multi-bi Aid
Sector Complementarity
Geographical Complementarity
Multilateral Institution Portfolio
JEL: 
F35
F53
O10
Persistent Identifier of the first edition: 
Creative Commons License: 
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Document Type: 
Article

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