Development Policy Review
July 2016 Volume 34, Issue 4 Pages 465–619
http://onlinelibrary.wiley.com/doi/10.1111/dpr.2016.34.issue-4/issuetoc

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Original Article
Responses to global challenges: trends in aid-financed global public goods (pages 483–507)
Alessandra Cepparulo and Luisa Giuriato
Version of Record online: 9 JUN 2016 | DOI: 10.1111/dpr.12163
Abstract
Based on four decades (1973–2013) of OECD-Development Assistance Committee aid to developing countries, this article aims to show aid-financed global public goods trends, their changing composition and their main drivers. In particular, a constant increase in the share of aid-financed global public goods and a shift towards weighted-sum and weakest-link global goods are observed. Economic conditions, imitation effects, global engagement and domestic spending result as the main drivers of donors’ demand for aid-financed global public goods. Besides, a certain complementarity in the provision of global goods plays a role, especially in European countries and Japan, partially easing the prognosis for the collective action problems related to global goods.