Effectiveness of Multilateral Health Aid - The Case of the Global Fund

Multilateral health aid is a thoroughly discussed topic in the studies of economic development. This paper builds upon the literature on the Global Fund’s health aid programme by outlining the general issues concerning health aid paradigms. Our quantitative framework uses a fixed-effects panel-data regression model to measure the impact of health aid on disease burden and deaths related to tuberculosis, HIV/AIDS, and malaria. Among other things, this paper discovers some moderate reducing effects of health aid on the risk of HIV/AIDS and malaria infections, whilst also showing significant reducing effects on deaths related to tuberculosis. Likewise, country-specific characteristics such as income levels play a substantial role in successful grant implementation, whilst government expenditure has no correlation.