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It is widely believed that the Millennium Challenge Corporation (MCC) has grossly fallen short of high expectations raised by the Bush administration in 2002. From the perspective of potential recipient countries, the crucial issue is whether the MCC increased the overall pool of aid resources...
Persistent link: https://www.econbiz.de/10003952342
substitutes for aid, remittances exert a robust effect. Excluding year fixed effects, political globalization, Russian military …
Persistent link: https://www.econbiz.de/10010358147
It is widely believed that the Millennium Challenge Corporation (MCC) has grossly fallen short of high expectations raised by the Bush administration in 2002. From the perspective of potential recipient countries, the crucial issue is whether the MCC increased the overall pool of aid resources...
Persistent link: https://www.econbiz.de/10010336339
Domestic prudential regulation can have unintended effects across borders and may be less effective in an environment where banks operate globally. Using U.S. micro-banking data for the first quarter of 2000 through the third quarter of 2013, this study shows that some regulatory changes indeed...
Persistent link: https://www.econbiz.de/10011547676
Persistent link: https://www.econbiz.de/10011553274
Die überraschend schnelle wirtschaftliche Erholung der asiatischen Krisenländer (Indonesien, Korea, Malaysia, die Philippinen und Thailand) ging mit makroökonomischen Anpassungsmaßnahmen und strukturellen Reformen im Finanz- und Unternehmenssektor einher. Gleichwohl unterscheiden sich die...
Persistent link: https://www.econbiz.de/10010460039
Der Vorwurf von Globalisierungsgegnern, der IWF und die Weltbank trügen einen wesentlichen Teil der Verantwortung für weltweite Armut und gehäufte Finanzkrisen, ist nicht haltbar. Der Einfluss der Bretton- Woods-Institutionen auf die Wirtschaftspolitik und die wirtschaftliche Entwicklung...
Persistent link: https://www.econbiz.de/10011451903
In a report presented at the UN Conference on Financing for Development in March 2002, the World Bank claims that the … policies. However, the World Bank's success story rests on an extremely weak foundation: First, the institution's contribution … to financial rescue packages for some emerging markets, rather than poverty concerns and policy assessments, dominated …
Persistent link: https://www.econbiz.de/10011495588
We analyze the aid portfolio of various bilateral and multilateral donors, testing whether they have prioritised aid in line with the Millennium Development Goals (MDGs). In doing so, we combine sectorally disaggregated aid data with indicators reflecting the situation of recipient countries...
Persistent link: https://www.econbiz.de/10003247640
This paper empirically analyzes the impact of aid on education for about 100 countries over the period 1970-2005. We estimate a system of equations to test whether and to what extent the impact of sector-specific aid on educational attainment depends on (i) the extent to which aid adds to...
Persistent link: https://www.econbiz.de/10003360599