Showing 1 - 10 of 27
a cause célèbre for aid activists and has been accepted in many official quarters as the legitimate target for aid … an aid goal of just 0.01% of rich-country GDP for the poorest countries and negative aid flows to the developing world as … a whole. We do not claim in any way that this is the 'right' amount of aid, but only that this exercise lays bare the …
Persistent link: https://www.econbiz.de/10005062433
The paper presents a non-technical summary of the current state of debate on the measurement and implications of global inequality (inequality between citizens of the world). It discusses the relationship between globalization and global inequality. It shows why global inequality matters and...
Persistent link: https://www.econbiz.de/10005134594
Further to investigation of how Malawi accumulated external debts amounting to $2.7 billion, without a corresponding growth in the economy, exports capability or poverty reduction this paper much of the borrowing contracted during 1973-82 was consumed by balance of payments deficits caused by...
Persistent link: https://www.econbiz.de/10005062708
Review of 'The End of Poverty' by Jeffrey Sachs
Persistent link: https://www.econbiz.de/10005407662
This paper examines economic rationale and efficiency effects of proposals directed at alleviating debt problems of poor countries. Key to the investigation is determination of whether proposed mechanisms tackle fundamental causes of the debt crisis. The paper finds that despite the enthusiasm...
Persistent link: https://www.econbiz.de/10005408158
In this paper we discuss monetary and fiscal policy issues facing heavily-indebted poor countries (HIPCs) who receive debt reduction via the enhanced HIPC initiative. This debt relief program is distinguished from previous ones by its conditionality: freed resources must be used for poverty...
Persistent link: https://www.econbiz.de/10005561200
Contemporary policy debates on the macroeconomics of aid often concentrate on short-run Dutch disease effects, ignoring … the possible supply side impact of aid—financed public expenditure. We develop a simple model of aid and public … a step increase in net aid flows. Our simulations show that beyond the short-run, where Dutch disease effects are …
Persistent link: https://www.econbiz.de/10005118784
This paper builds a Keynesian type econometric model with a dynamic perspective and a sound theoretical basis, for investigating the impact of remittances on consumption, investment, imports and output. It estimates short and long-run multiplier effects of exogenous shocks of remittances, with...
Persistent link: https://www.econbiz.de/10005076545
The reconstruction of the international order after World War I put great emphasis on social reforms through the International Labor Organization (ILO). Three types of arguments were used to promote social reform. The first asserted that international economic competition meant that social...
Persistent link: https://www.econbiz.de/10005076632
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