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development until countries reach upper-middle income, and only thereafter falls. This note quantifies the shape of the mobility …
Persistent link: https://www.econbiz.de/10010423766
We assemble more pieces on the puzzle of the aid-corruption nexus. In essence, we extend the debate on the effect of foreign aid on corruption by providing evidence on dynamic effects of wealth, legal origin, religious-domination, regional proximity, openness to sea, natural resources and...
Persistent link: https://www.econbiz.de/10011408498
This survey essay reviews over 200 papers in arguing that in order to achieve sustainable and inclusive development … on inequality in foreign aid policy will lead to more sustainable development outcomes. Inter alia: mitigate short …-term poverty; address concerns of burgeoning population growth; train recipient governments on inclusive development; fight …
Persistent link: https://www.econbiz.de/10011408850
This survey essay reviews over 200 papers in arguing that in order to achieve sustainable and inclusive development … on inequality in foreign aid policy will lead to more sustainable development outcomes. Inter alia: mitigate short …-term poverty; address concerns of burgeoning population growth; train recipient governments on inclusive development; fight …
Persistent link: https://www.econbiz.de/10011409158
This paper integrates two main strands of the aid-development nexus in assessing whether institutional thresholds … matter in the effectiveness of foreign aid on institutional development in 53 African countries over the period 1996 … greater domestic institutional development has taken place. The reverse is true instead. Government quality benefits of …
Persistent link: https://www.econbiz.de/10011410060
development matter in the impact of aid on development. In substance its object is to assess if threshold development conditions … technique enables us to investigate if the relationship between development dynamics and development assistance differs … throughout the distributions of development dynamics. Findings - Three main findings are established. (1) With slight exceptions …
Persistent link: https://www.econbiz.de/10011410235
An April 2015 World Bank report on the Millennium Development Goal poverty target has revealed that extreme poverty has … asymmetric development between rich and poor countries. Piketty has shown that inequality increases when the return on capital is … development increases and Africa may not catch-up with the developed world. As an ideal solution, Piketty has proposed progressive …
Persistent link: https://www.econbiz.de/10011548648
problem is at the heart of rational asymmetric development between rich and poor countries. Piketty has shown that inequality … African countries, inequality in development increases and African may not catch-up with the developed world. As an ideal … not be so apparent. Implications for the corresponding upward bias in endogenous development and catch-up literature are …
Persistent link: https://www.econbiz.de/10011408865
The paper provides theoretical and empirical justifications for the instrumentality of foreign aid in stimulating private investment and fixed capital formation through fiscal policy mechanisms. We propose an endogenous growth theory based on an extension of Barro (1990) by postulating that the...
Persistent link: https://www.econbiz.de/10011409169
institutional quality such that, the institutional downside of development assistance maybe questionable when greater domestic … institutional development has taken place. Based on the hypothesis of institutional thresholds for foreign aid effectiveness, the … perilous character of development assistance to institutional quality is broadly confirmed in 53 African countries for the …
Persistent link: https://www.econbiz.de/10011409986