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The volume of foreign aid has increased during the last four decades, albeit with interruptions in certain years. Over time, the major recipients have changed: while the share of aid to Asia has diminished since the 1980s, that destined for sub-Saharan Africa has grown. There is some evidence...
Persistent link: https://www.econbiz.de/10005263710
This paper assesses the effectiveness of foreign aid in reducing poverty through its impact on human development indicators. We use a dataset of both bilateral aid and NGO aid flows. Our results show that NGO aid reduces infant mortality and does so more effectively than official bilateral aid....
Persistent link: https://www.econbiz.de/10005263867
public services; behavioral incentives; and the rate of growth of the economy. Other issues will include the appropriate …
Persistent link: https://www.econbiz.de/10005263889
-of-trade or growth collapses-thus playing an important cushioning role. Aid outlays contract sharply during severe donor economic …
Persistent link: https://www.econbiz.de/10008727796
The positive impact of foreign aid is limited by the erratic behavior of aid flows. The introduction in 1999 of various initiatives anchored in Poverty Reduction Strategy Papers (PRSPs) which were aimed at strengthening coordination among donors, improving the design of financial support...
Persistent link: https://www.econbiz.de/10005769017
We analyze the growth impact of official development assistance to developing countries. Our approach is different from …-developmental. Second, our specifications allow for the effect of aid on economic growth to occur over long periods. Our results indicate … that developmental aid promotes long-run growth. The effect is significant, large and robust to different specifications …
Persistent link: https://www.econbiz.de/10008528696
notion that ODA can contribute to growth in a nonlinear relationship. In this paper, we investigate a new hypothesis …
Persistent link: https://www.econbiz.de/10005605240
This paper shows that donors that maximize relative aid impact spread their budgets across many recipient countries in a unique Nash equilibrium, explaining aid fragmentation. This equilibrium may be inefficient even without fixed costs, and the inefficiency increases in the equality of donors...
Persistent link: https://www.econbiz.de/10011242276
markets (EM) are now entering a period of slower growth. In fact, growth is now lower than the post-crisis peak of 2010-11, as … growth rates seen in the last decade or whether their prospects are dimmer than thought a few years ago. This SDN we will … explore the drivers of the slowdown, how changes in external conditions that supported high growth in EMs will affect them …
Persistent link: https://www.econbiz.de/10010878427
The need to revive Euro area growth highlights the importance of the evolution of domestic and external demand in the …
Persistent link: https://www.econbiz.de/10010959463