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with a meaningful model of how aid affects development. Although aid certainly has positive impacts in many circumstances …The international goal for rich countries to devote 0.7% of their national income to development assistance has become … a cause célèbre for aid activists and has been accepted in many official quarters as the legitimate target for aid …
Persistent link: https://www.econbiz.de/10005062433
Review of 'The End of Poverty' by Jeffrey Sachs
Persistent link: https://www.econbiz.de/10005407662
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
Raising school enrollment, like economic development in general, takes a long time. This is partly because, as a … of these, the Millennium Development Goals, call for universal primary schooling and full gender parity by 2015. This …. Third, aid- supported education policies can help within limits, and their performance should be judged in the context of …
Persistent link: https://www.econbiz.de/10005407681
Factor-endowment based trade with the leading economy helps to explain the differing development performances of the …
Persistent link: https://www.econbiz.de/10005062412
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
new multilateral disbursements is merely being recycled into multilateral debt service while demands of the development …
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
Ideal economics? A “non-ideal” economics approach has been proposed, which considers the possibility of arrangement infringements. It gives promises for both solving fundamental problems of economic theory and creation of new directions and fields of research. The approach application in...
Persistent link: https://www.econbiz.de/10005124942