Mark McGillivray

TL;DR: The Human Development Index (HDI) as discussed by the authors assesses intercountry development levels on the basis of three so-called deprivation indicators: life expectancy, adult literacy and the logarithm of purchasing power adjusted per capita GDP.

TL;DR: In this paper, the authors examine the UNDP's Human Development Index (HDI) and conclude that its treatment of income is inappropriate; the lack of year-to-year comparability is undesirable; it is robust with respect to measurement error; and that its contribution to the assessment of development levels differs markedly among country groups.

TL;DR: In this article, the impact of aid on public sector fiscal behavior is examined by analyzing how aid revenue affects government fiscal behavior with respect to tax, borrowing, and expenditure decisions; unlike previous contributions, aid is endogenous in the model, which has a number of important implications.

TL;DR: The authors surveys five decades of empirical research on the macroeconomic impact of aid, looking mainly at studies examining the link between aid and growth. But, as shown in this paper, the report has set-off an intense debate over the context in which aid works and whether the effectiveness of these inflows depends on the policy regime of recipient countries.

TL;DR: In contrast to the arguments regarding fungibility in assessing aid, this paper presented scenarios where, even assuming that donors and recipients are agreed on how aid should be allocated to expenditure headings, apparent fungibility will arise, and suggested new directions for research on the impact of aid on the public sector in developing countries.