Freakonomics blog: Need some foreign aid from the US? Make sure to get your country on the UN Security Council

Need some foreign aid from the US? Make sure to get your country on the UN Security Council: "Seven years ago a Harvard undergrad named Ilyana Kuziemko emailed me asking if I had any summer research positions available. At the time, nobody ever sent me this kind of email, so I hired her and she spent the summer in Chicago doing research with me. It was clear then that she had a very special talent for economics. Consequently, it comes as no suprise that now, as a Ph.D. student at Harvard, she is producing cutting-edge economic research.

With co-author Eric Werker, she has written a paper entitled “How Much is a Seat on the Security Council Worth? Foreign Aid and Bribery at the United Nations.” In this paper, they find that when a country takes over one of the rotating seats on the UN Security Council, U.S. foreign aid jumps by almost 60%. When the country leaves the Security Council, the aid falls back to the old levels. The impact on aid is even larger when there are important international events (like invasions of Iraq) that put the Security Council in the spotlight."