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Gilles Nancy and Boriana Yontcheva
This paper studies the aid allocation of European nongovernmental organizations (NGOs). Once population is controlled for, poverty consistently appears as the main worldwide determinant of NGO aid allocation. NGOs do not respond to strategic considerations. Their funding source does not seem to exert a great influence on their aid allocation decision. We also find differences across regions. Militarization and the political nature of the regime of the recipient country affect aid allocation in the Middle East. Life expectancy influences aid allocation in countries in the Western Hemisphere and the Middle East.
International Monetary Fund. External Relations Dept.

The Web edition of the IMF Survey is updated several times a week, and contains a wealth of articles about topical policy and economic issues in the news. Access the latest IMF research, read interviews, and listen to podcasts given by top IMF economists on important issues in the global economy. www.imf.org/external/pubs/ft/survey/so/home.aspx

International Monetary Fund. External Relations Dept.

IMF Managing Director Rodrigo de Rato visited Chad on May 19-20, combining policy discussions with the authorities with a firsthand view of one of the refugee camps that Chad is supporting with help from the international community.

Boriana Yontcheva and Mrs. Nadia Masud
This paper assesses the effectiveness of foreign aid in reducing poverty through its impact on human development indicators. We use a dataset of both bilateral aid and NGO aid flows. Our results show that NGO aid reduces infant mortality and does so more effectively than official bilateral aid. The impact on illiteracy is less significant. We also test whether foreign aid reduces government efforts in achieving developmental goals and find mixed evidence of a substitution effect.
International Monetary Fund. External Relations Dept.

The IMF has been battling perceptions that it is holding back critical health spending— including on HIV/AIDS—in countries with IMF-supported adjustment programs. To increase awareness about its approach, the IMF’s Fiscal Affairs Department invited donors, international agencies, and nongovernmental organizations (NGOs) to discuss the issue on January 19.

International Monetary Fund. External Relations Dept.
The Web edition of the IMF Survey is updated several times a week, and contains a wealth of articles about topical policy and economic issues in the news. Access the latest IMF research, read interviews, and listen to podcasts given by top IMF economists on important issues in the global economy. www.imf.org/external/pubs/ft/survey/so/home.aspx
International Monetary Fund. External Relations Dept.
La edición en Internet del Boletín del FMI, que se actualiza varias veces a la semana, contiene numerosos artículos sobre temas de actualidad en el ámbito de las políticas y la economía. Consulte las últimas investigaciones del FMI, lea entrevistas y escuche podcasts de los principales economistas del FMI sobre importantes temas relacionados con la economía mundial. www.imf.org/external/pubs/ft/survey/so/home.aspx
International Monetary Fund. External Relations Dept.

Under the aegis of the Parliamentary Network on the World Bank, approximately 190 legislators from over 80 countries gathered in Paris on February 14-16 to discuss a wide range of development issues. This fifth annual meeting of the organization, which also drew governmerit officials, civil society I organizations, and representatives from the World I Bank and the IMF, I focused on rising concerns over the prospects for meeting the United Nations’ Millennium Development Goals (MDGs); continued frustration with trade and market access; the importance of improving the accountability of the international financial institutions; donor policies; and efforts to strengthen the role of parliamentarians in promoting development.