This study assesses absorption level of aid in Burkina Faso and analyzes the factors that determine this level. The analysis postulates that the level in absorbing aid is low and assumes that this level is determined by the multiplicity of donors and by mechanisms used to coordinate aid. To test this assumption, the study uses secondary data collected from 10 sectors of public administration over the period 2000-2019. Aid allocated to these sectors represented at least 75% of total aid received by the country during this period. The assessment indicate that about 58.46% of aid allocated to these sectors was effectively spent. Factors determining this absorption level were estimated using a Tobit model. The results conclude that the limiting factors lie both in donors’ behavior and in aid coordination mechanisms. Thus, better donors’ coordination could be an effective mechanism to improve aid absorption in these sectors.

<p><em>This paper analyzes the effects of aid on health of people in Sub-Saharan African Countries. Used as health indicators for infant mortality rate, crude mortality rate and HIV/AIDS prevalence rate, this analysis uses panel data for a sample of 43 countries over the period of 1990 to 2014. Through assessing the effect of aid on reducing mortality and HIV prevalence, the article examines a central issue with regard to the new global development agenda: Can we still promote health through increased aid? The results tend to show that aid significantly reduces crude mortality and infant mortality rates and HIV/AIDS prevalence rate. They do not validate the presence of decreasing marginal returns. However, the impact of aid on health indicators is not linear. This non-linearity suggests that aid is more effective in reducing mortality and HIV prevalence in relatively poorest countries and in those with relatively lower health expenditure. Thus, health promotion in sub-Saharan African countries through increased aid is possible.</em><em></em></p>

This article analyzes relationship between foreign aid and financial development in ECOWAS countries. These countries receive aid flows from developed countries and from international financial institutions. The article’s idea is to evaluate this aid effects on financial development and to assess role of governance on this relationship. The analysis uses panel data from ECOWAS countries over the period 1984-2016. The estimations’ results, based on Dynamic ordinary least squares (DOLS) estimator, show that aid is negatively and significantly linked with financial development indicators used. These results suggest that aid is an obstacle to financial development. Governance role tests do not change the negative effect of aid on financial development. However, the magnitude of the negative effect of interactive variables (with governance variables) is less than aid direct effect on financial development. These results suggest that an additional effort to improve governance in these countries would reduce aid negative effect on financial development, or even reverse this effect.

<p><em>This article analyzes the relationship between external aid and economic growth in the ECOWAS region, with a focus on bilateral and multilateral aid effects. The key idea behind this analysis is an argument of Svensson</em><em> </em><em>(2000)</em><em> that multilateral aid is more effective than bilateral aid because of the high degree of altruism of bilateral donors. He therefore suggested a delegation of bilateral aid to multilateral institutions. To appreciate his suggestion, this analysis used panel data from the 16 ECOWAS countries from the period 1984 to 2014. The results of the estimates, based on the dynamic least squares estimator (DOLS), show a negative effect of foreign aid on economic growth. This negative effect on economic growth persists when the components of aid are introduced into the model. In addition, results highlight that governance is a channel through which foreign aid affect positively economic growth. In these conditions, bilateral aid is more effective on economic growth than multilateral aid. These results about foreign aid received by ECOWAS countries invalidates</em><em> </em><em>Svensson’s</em><em> </em><em>(</em><a title="Svensson, 2000 #5" href="#_ENREF_1"><em>2000</em></a><em>)</em><em> theory. Therefore, a delegation of bilateral aid to multilateral institutions is not relevant because bilateral aid contributes more to economic growth if governance is taken into account.</em></p>