We argue that donors could improve the effectiveness of foreign aid by pursuing complementary and coherent non-aid policies. In particular, we hypothesize that aid from donors that are open to immigration has stronger growth effects than aid from closed donors. We estimate the aid-growth nexus...

Political proximity between donor and recipient governments may impair the effectiveness of aid by encouraging favoritism. By contrast, political misalignment between donor and recipient governments may render aid less effective by adding to transaction costs and giving rise to incentive...

It continues to be heavily disputed whether foreign aid promotes economic growth in developing countries. In most cross-country regressions, aid is considered effective only if it shifts recipient countries to a significantly higher and sustainable growth path. We apply an alternative approach...

Referiert die transatlantischen Beziehungen und die neue Situation der USA im Verlauf der fortschreitenden europäischen Integration, kurz einbezogen werden auch die Auswirkungen auf die Weltwirtschaft und auf Japan. Die 3 Verfasser (es fehlt jede Angabe über sie und den Anteil, den sie an den...