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Integration in Africa can only be a long-term attempt to solve economic problems, because of its high absorption of scarce and therefore expensive factors of production. In contrast to integration, cooperation seems to be a more useful approach to tackle the urgent employment and growth problems.
Persistent link: https://www.econbiz.de/10011556645
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A new catch-phrase in development policy, "political conditionality", has rapidly established itself in recent times. Increasing numbers of Western politicians now seek to attach strings to development aid by requiring recipient countries to comply with certain political conditions. These...
Persistent link: https://www.econbiz.de/10011546773
An April 2015 World Bank report on the Millennium Development Goal poverty target has revealed that extreme poverty has been decreasing in all regions of the world with the exception of Africa. This study extends the implications of Thomas Piketty's celebrated literature from developed countries...
Persistent link: https://www.econbiz.de/10011548648
No observer of the African economic scene could fail to be struck by the multiplicity of economic co-operation groupings. While these represent simple institutional structures that are within the administrative capacity of the African States and offer useful training for more sophisticated...
Persistent link: https://www.econbiz.de/10011557554
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This study complements existing literature on the aid-institutions nexus by focusing on political rights, aid volatilities and the post-Berlin Wall period. The findings show that while foreign aid does not have a significant effect on political rights, foreign aid volatilities do mitigate...
Persistent link: https://www.econbiz.de/10011496393
Purpose- This paper has put a demand-side empirical structure to the hypothesis that foreign aid volatility adversely affects choices to lifelong learning in recipient countries Design/methodology/approach- Lifelong learning is measured as the combined knowledge acquired during primary,...
Persistent link: https://www.econbiz.de/10011408497
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
The study extends the implications of Piketty's celebrated literature from developed countries to the nexus between developed nations and African countries by building on responses from Rogoff (2014) & Stiglitz (2014), post Washington Consensus paradigms and underpinnings from Solow-Swan &...
Persistent link: https://www.econbiz.de/10011408865