Showing 1 - 10 of 11
This article analyzes the relationship between growth and income distribution in developing countries. Three important … hypotheses are scrutinized: The U-hypothesis, the absolute income hypothesis and the hypothesis of conflict between growth and a …
Persistent link: https://www.econbiz.de/10011274390
in furthering economic growth and development. The implications for the donor community of the decreasing relative …
Persistent link: https://www.econbiz.de/10011274393
for foreign aid. Using an endogenous growth version of the standard overlapping generations model, we show that aid can be … an effective policy tool in spurring growth in poor countries. This model also furnishes a theoretical foundation for the …-section based conclusions about the aid-growth link, are fully consistent with the positive evidence on aid effectiveness that …
Persistent link: https://www.econbiz.de/10011262865
This paper first assesses the aid-growth literature with a focus on recent contributions. The aid-growth literature is … that aid has a positive and statistically significant causal effect on growth over the long run with point estimates at … levels suggested by growth theory. It has been concluded that aid remains an important tool for enhancing the development …
Persistent link: https://www.econbiz.de/10008493861
increases, trade growth and shifting trade patterns will have pervasive effects on income distribution in Vietnam. In this paper …, we use a newly estimated Vietnam social accounting matrix to elucidate the links between trade and income in the country …
Persistent link: https://www.econbiz.de/10008876866
-country analysis fails to find any significant link between aid flows and growth, and that aid is successful only when associated with … paper, we offer a re-examination of the literature on the aid-savings, aid-investment, and aid growth relationships, and a … coherent and positive picture of the aid-growth link emerges. Aid works, even in countries hampered by an unfavorable policy …
Persistent link: https://www.econbiz.de/10011189009
We present a SAM-methodology for integrating simple macroeconomic and CGE models, which is applied to integrate standard versions of the merged and static CGE model frameworks. The integrated model accounts for relative prices and income distribution. A set of integrated model projections is...
Persistent link: https://www.econbiz.de/10011195656
Gældskrisens udbrud blev startsignalet til omfattende makroøkonomiske reformer i u-Iandene i 1980erne. De chok, som forårsagede krisen, udgjorde sammen med kraftigt voksende uligevægte i eksterne og interne samfundsøkonomiske balancer en virkningsfuld advarsel. Det blev klart, at de...
Persistent link: https://www.econbiz.de/10011274387
Udenlandsk låntagning er en integreret del af udvikJingsprocessen, og der var indtil i al fald begyndelsen af 1980erne udbredt enighed om det nyuige I at overføre udenlandske opsparingsoverskud til u-Iandene. Sådanne overførsler giver for det første mulighed for at øge investeringerne og...
Persistent link: https://www.econbiz.de/10011274389
According to Lucas (1981) understanding business cycles is the first step in designing appropriate stabilization policies. In this paper, we demonstrate a series of ways in which developing countries differ from their developed counterparts when focus is on the nature and characteristics of...
Persistent link: https://www.econbiz.de/10011189010