Effectiveness of financing flows for development

Team

Martine AUDIBERT
Emeritus Director of Research at CERDI/CNRS
Matthieu BOUSSICHAS
Programme Manager, FERDI
Lisa CHAUVET
Researcher, Institut de recherche pour le développement
PSL, Université Paris Dauphine, CNRS, LEDa, DIAL
Paul COLLIER
Director, Centre for the study of African economies, Oxford University
Professor, Blavatnik School of Government
Senior Fellow, FERDI
Jaime DE MELO
Scientific Advisor, FERDI
Emeritus Professor, University of Geneva
CEPR Fellow
Frédéric DOCQUIER
Professor of Economics and member of IRES, UCLouvain
Research Program Leader (Crossing Borders), Luxembourg Institute of Socio-Economic Research (LISER)
Research Associate, National Fund for Scientific Research (FNRS)
Senior Fellow, FERDI
Michaël GOUJON
Associate professor, CERDI - Université Clermont Auvergne
Patrick GUILLAUMONT
President, FERDI
Emeritus Professor, University of Auvergne
Sylviane GUILLAUMONT JEANNENEY
Advisor, FERDI
Researcher, CERDI/University of Clermont Auvergne
Eric Gabin KILAMA
Policy Planning Officer, Centre d'Analyse de Prévision et de Stratégie, Ministère de l'Europe et Affaires Etrangères
Jacky MATHONNAT
Emeritus Professor, CERDI - Université Clermont Auvergne
Senior Fellow in charge of the Health Program, FERDI
Mark McGILLIVRAY
Professor, Alfred Deakin Institute, Deakin University
Senior Felow, FERDI
Christian MORRISSON
Professeur Émérite, Université de Paris I
Senior Fellow, Ferdi
Vincent NOSSEK
Research Assistant, Ferdi
Thi Kim Cuong PHAM
HDR Lecturer in Economics, University of Strasbourg, UNISTRA
Fellow Ferdi
Mariana VIJIL
Trade Economist , World Bank Group
Fellow, FERDI
Laurent WAGNER
Research Officer, FERDI

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Chairs
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Projects
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Publications
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Events
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Blogs

FERDI examines how external financing can effectively contribute to the sustainability of economic growth and the reduction of vulnerabilities, especially for the poorest countries.

A central theme of its historical activity, FERDI continues its work on the effectiveness of financing flows on development, in particular international aid, examined in different aspects such as its impact on growth, income inequality, and poverty, the effects of vertical funds, aid for trade, or aid to "fragile states", and aid to the least developed countries (LDCs).

FERDI's work shows that aid effectiveness does not solely depend on the quality of the policies and institutions of recipient countries.

The determinants of aid effectiveness are multiple, and complex to analyze. The literature, to which FERDI's work has contributed, shows that aid effectiveness does not depend solely on the quality of recipient countries' policies and institutions.

FERDI is particularly interested in the ability of aid to cushion shocks. A renewal of the debate is now possible with the emergence of extremely detailed databases for geo-located disbursed aid. The combination of satellite resources and Big Data provides a new and important research resource on which several studies are being undertaken.

Results and Impact

Aid, an inequality reducing factor

The article published in Review of World Economics "Volatility widens inequality. Could aid and remittances help" (co-authored by Lisa Chauvet, Marin Ferry, Patrick Guillaumont, Sylviane Guillaumont Jeanneney, Sampawende J.-A. Tapsoba, Laurent Wagner) highlighted how aid can reduce inequality by reducing macroeconomic instability. This publication is based on work carried out as part of the project "Financial Volatility and Growth in Low Income Countries".

An original survey on the influence of Christian thought in development cooperation

The book written by Sylviane Guillaumont Jeanneney L'aide au développement sous un regard chrétien [Aid for Development, from a Christian viewpoint], published in 2019, offers an original survey of the messages and influence of Christian thinking on development cooperation policies and their effectiveness. In particular, it highlights the need to place ethics at the heart of development actions if it is to effectively pursue its fundamental objectives.

Chairs