<> "The repository administrator has not yet configured an RDF license."^^ . <> . . . "Easing the Pain of Adjustment? Preferential Trading Agreements, Foreign Aid, and Credible Commitment to Economic Reform"^^ . "In this article, we propose that wealthy donors give foreign aid to developing countries to\r\nfacilitate political adjustment, such as compensation for losers and side payments to influential\r\nelite constituencies, towards mutually profitable economic reform. Only democratic developing\r\ncountries can credibly commit to using fungible revenue in ways that benefit the donor,\r\nso the adjustment effect only applies to democracies. A quantitative test against data on preferential\r\ntrading agreements lends strong support to the theory. Strikingly, fully democratic\r\ndeveloping countries that form a preferential trading agreement obtain a threefold increase in\r\nforeign aid in the short run. Additional tests show that this increase is not driven by macroeconomic\r\ndifficulties and that the beneficial effect on foreign aid is temporary. Both findings\r\nare consistent with the theory. An important implication of these results is that if foreign aid\r\nfacilitates economic reform through preferential trading agreements, previous research could\r\nhave underestimated the benefits thereof."^^ . "2010" . . . . . . . . . "Johannes"^^ . "Urpelainen"^^ . "Johannes Urpelainen"^^ . . "Leonardo"^^ . "Baccini"^^ . "Leonardo Baccini"^^ . . . . . . "Easing the Pain of Adjustment? Preferential Trading Agreements, Foreign Aid, and Credible Commitment to Economic Reform (PDF)"^^ . . . . . . . . . . . "baccini_urp_2010b.pdf"^^ . . . "Easing the Pain of Adjustment? Preferential Trading Agreements, Foreign Aid, and Credible Commitment to Economic Reform (Image (JPEG))"^^ . . . . . . "preview.jpg"^^ . . . "Easing the Pain of Adjustment? Preferential Trading Agreements, Foreign Aid, and Credible Commitment to Economic Reform (Indexer Terms)"^^ . . . . . . "indexcodes.txt"^^ . . "HTML Summary of #76 \n\nEasing the Pain of Adjustment? Preferential Trading Agreements, Foreign Aid, and Credible Commitment to Economic Reform\n\n" . "text/html" . . . "JA Political science (General)"@en . .