Elite capture of foreign aid: evidence from offshore bank accounts
Do elites capture foreign aid? This paper documents that aid disbursements to highly aid-dependent countries coincide with sharp increases in bank deposits in offshore financial centers known for bank secrecy and private wealth management but not in other financial centers. The estimates are not con...
| Main Authors: | , , |
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| Format: | Journal article |
| Language: | English |
| Published: |
University of Chicago Press
2022
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