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      The Role of Oil in the Allocation of Foreign Aid: The Case of G7 Donors

      The Role of Oil in the Allocation of Foreign Aid: The Case of G7 Donors

      Science Direct

      Aid allocated by G7 donors increases significantly with oil endowment of recipient countries. Motivated by energy security concerns, G7 donors compete for oil resources in their provision of foreign aid.    

      Fatih Karanfil, Luc Desire Omgba, Eric Kilama Gabin, Cecile Couharde