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Better policies from policy-selective aid?
Annen, Kurt; Knack, Stephen F. - 2019
This paper shows that the increased policy-selectivity of aid allocations observed in recent years provides recipient countries an incentive to improve policies. The paper estimates that a change in the World Banks Country Policy and Institutional Assessment policy index from 1.5 to 2 for a...
Persistent link: https://www.econbiz.de/10012051940
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Why is there Multilateral Lending?
Rodrik, Dani - C.E.P.R. Discussion Papers - 1995
inter-governmental links. This in turn endows multilateral agencies with an advantage in the exercise of conditionality …
Persistent link: https://www.econbiz.de/10005791490
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Whatever inconsistencies and effects? : explaining the resilience of the policy reforms applied to developing countries
Sindzingre, Alice N. - In: Forum for social economics 44 (2015) 2, pp. 159-178
Persistent link: https://www.econbiz.de/10011455436
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The effectiveness of conditionality and the political economy of policy reform: is it simply a matter of political will?
Bird, Graham - In: Journal of Economic Policy Reform 2 (1998) 1, pp. 89-113
Although widely used by international financial institutions, policy conditionality often fails in the sense that … countries do not fully implement it. Up to now most research has focused on the design of conditionality. This paper, however … circumstances points to ways in which conditionality might usefully be reformed. …
Persistent link: https://www.econbiz.de/10009208180
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Chapter 67. Aid and Conditionality*
Temple, Jonathan R.W. - In: Handbook of development economics : volume 5, (pp. 4415-4523). 2010
conditions to aid. It reviews the debates on traditional policy conditionality, and potential alternatives, including the ideas … introduce new versions of traditional policy conditionality. The chapter also discusses controversies over the appropriate role …
Persistent link: https://www.econbiz.de/10014025735
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Cabo Verde transition finance country pilot
Morris, Rachel; Cattaneo, Olivier; Poensgen, Konstantin - 2018
A transition finance country pilot was initiated by the OECD Development Assistance Committee (DAC) in partnership with the government of Cabo Verde. The study aims to capture the challenges facing Cabo Verde following graduation from Least Developed Country (LDC) to Lower Middle Income Category...
Persistent link: https://www.econbiz.de/10011992030
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Government Spending Multipliers in Developing Countries: Evidence from Lending by Official Creditors
Kraay, Aart - In: American Economic Journal: Macroeconomics 6 (2014) 4, pp. 170-208
I use a novel loan-level dataset covering lending by official creditors to developing country governments to construct an instrument for government spending. Loans from official creditors typically finance multiyear public spending projects, with disbursements linked to the stages of project...
Persistent link: https://www.econbiz.de/10010949154
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Foreign aid and growth in Nepal: an empirical analysis
Bhattarai, Badri Prasad - In: Journal of Developing Areas 42 (2009) 2, pp. 283-302
Using cointegration and error correction mechanism, this paper investigates the effectiveness of aid in Nepal during the period 1983-2002. Specifically, it examines the long-run relationship between aid and per capita real GDP. To address the current debate on whether aid works only in a good...
Persistent link: https://www.econbiz.de/10011213064
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Nonlinearities in growth: From evidence to policy
Cohen-Cole, Ethan B.; Durlauf, Steven N.; Rondina, Giacomo - In: Journal of Macroeconomics 34 (2012) 1, pp. 42-58
This paper considers the question of how one can translate evidence of nonlinearities and threshold effects in growth into policy recommendations. We argue that the current evidence of these effects, while important in terms of scholarly debates, does not readily lend itself to policy...
Persistent link: https://www.econbiz.de/10010574764
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Threshold Cointegration: Model Selection with an Application
Sephton, Peter; Mann, Janelle - In: Journal of Economics and Econometrics 56 (2013) 2, pp. 54-77
In this article we examine the performance of an extended approach to testing for threshold cointegration that relies on the threshold specification process suggested by Gonzalo and Pitarakis (2002) and the block-bootstrap threshold unit root test of Seo (2008). A topical application...
Persistent link: https://www.econbiz.de/10011078551