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What does motivate lending and aid to the HIPCs?
Missale, Alessandro; Marchesi, Silvia - EconWPA - 2004
We examine both grants and net loans made to low income countries during the last two decades to understand the main reasons that motivated the behaviour of both donors and creditors. We find that the total amount of transfers to HIPCs, as compared to non-HIPCs, have been increasing with their...
Persistent link: https://www.econbiz.de/10005125525
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Consequences of Debt Relief Initiatives in the 1990s
Hepp, Ralf - EconWPA - 2005
foreign aid received by a HIPC country. Second, have HIPCs and non-HIPCs experienced reductions in aid inflows (other than …-HIPC countries persist throughout the 1990s and early 2000s, with higher levels of aid going to HIPC countries. Third, have the debt … literature, my results suggest that aid flows have not changed significantly in response to debt relief. …
Persistent link: https://www.econbiz.de/10005408157
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Some Fundamental Inadequacies of the Washington Consensus: Misunderstanding the Poor by the Brightest
Woo, Wing - EconWPA - 2004
The Washington Consensus suffers from fundamental inadequacies, and that a more comprehensive framework of the economic process is needed to guide the formulation of country-specific development strategies. The following five propositions summarise the set of interrelated arguments made in this...
Persistent link: https://www.econbiz.de/10005556001
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Some Fundamental Inadequacies of the Washington Consensus: Misunderstanding the Poor by the Brightest
Woo, Wing - EconWPA - 2004
The Washington Consensus suffers from fundamental inadequacies, and that a more comprehensive framework of the economic process is needed to guide the formulation of country-specific development strategies. The following five propositions summarise the set of interrelated arguments made in this...
Persistent link: https://www.econbiz.de/10005118852
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Financial Liberalization and Business Cycles: The Experience of Future EU Member States in the Baltics and Central Eastern Europe
Souza, Lucio Vinhas de - EconWPA - 2004
States of the European Union, to test if the same short-run increase in cyclical volatility arising from financial … mature market economies, reduces cyclical volatility both in the short and in the long run. Weak indications are found that …
Persistent link: https://www.econbiz.de/10005062709
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The Composition of International Capital Flows: Risk Sharing Through Foreign Direct Investment
Albuquerque, Rui - EconWPA - 2004
Evidence on international capital flows suggests that foreign direct investment (FDI) is less volatile than other financial flows. To explain this finding, I model international capital flows under the assumptions of imperfect enforcement of financial contracts and inalienability of FDI....
Persistent link: https://www.econbiz.de/10005119449
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THE ECONOMIC CONSEQUENCES OF PEACE IN THE MIDDLE EAST
Feige, Edgar L. - EconWPA - 2005
Reference: Challenge, January/February, 1979
Persistent link: https://www.econbiz.de/10005125870
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RESOURCE REQUIREMENTS IN THE ADJUSTMENT PROCESS:A MACROECONOMETRIC SIMULATION STUDY OF THE NIGERIAN ECONOMY
NWAOBI, GODWIN CHUKWUDUM - EconWPA - 2003
THIS STUDY INVESTIGATES THE DOMINANT RESOURCE CONSTRAINT LIMITING GROWTH IN NIGERIA AS WELL AS THE DETERMINATION OF FUTURE RESOURCES REQUIREMENTS NEEDED TO ACHIEVE SUCH GROWTH. USING A SMALL SCALE MACROECONOMETRIC SIMULATION MODEL, THREE DIFFERENT EXPERIMENTS WERE CARRIED OUT. THE RESULTS SHOWED...
Persistent link: https://www.econbiz.de/10005126164
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Military Expenditure in Post-Conflict Societies
Collier, Paul; Hoeffler, Anke - EconWPA - 2004
Post-conflict situations face a high risk of reversion to conflict. We investigate the effect of military expenditure by the government during the first decade post-conflict on the risk of reversion. We contrast two theories as to the likely effects. In one, military spending deters conflict by...
Persistent link: https://www.econbiz.de/10005062401
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Counting chickens when they hatch: The short-term effect of aid on growth
Clemens, Michael A.; Radelet, Steven; Bhavnani, Rikhil - EconWPA - 2004
Past research on aid and growth is flawed because it typically examines the impact of aggregate aid on growth over a … short period, usually four years, while significant portions of aid are unlikely to affect growth in such a brief time. We … divide aid into three categories: (1) emergency and humanitarian aid (likely to be negatively correlated with growth); (2 …
Persistent link: https://www.econbiz.de/10005408143