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Policy Responses to Aid Surges in Countries with Limited International Capital Mobility : The Role of the Exchange Rate Regime

Berg, Andrew - 2014

We study the role of the exchange rate regime, reserve accumulation, and sterilization policies in the macroeconomics of aid surges. Absent sterilization, a peg allows for almost full aid absorption — an increase in the current account deficit net of aid — delivering the same effects as...

Persistent link: https://www.econbiz.de/10013058433

The COVID-19 Pandemic and European Trade Flows : Evidence from a Dynamic Panel Model

Caporale, Guglielmo Maria; Sova, Anamaria; Sova, Robert - 2022

This paper investigates the impact of the Covid-19 pandemic on trade flows in the case of the European countries. First, an ARDL dynamic panel model is estimated using the PMG method to analyse monthly data covering the most recent period (2019M1-2021M12); then, the GMM and PCSE approaches are...

Persistent link: https://www.econbiz.de/10014080051

The sustainability of empire in global perspective: The role of international trade patterns

Bonfatti, Roberto - 2012

European empires had two key economic aspects: the extraction of colonial wealth by colonizers, and the relevance of trade for the colonial economies. I build a simple model of decolonization that puts these two elements at centre stage. By controlling policy in the colony, the mother country...

Persistent link: https://www.econbiz.de/10010283599

Arming in the Global Economy : The Importance of Trade with Enemies and Friends

Garfinkel, Michelle R. - 2019

We analyze how trade openness matters for interstate conflict over productive resources. Our analysis features a terms …, greater trade openness brings with it a reduction in resources diverted to conflict and thus wasted, as well as the familiar … with a third (friendly) country, a move from autarky to trade intensifies conflict between the two adversaries, inducing …

Persistent link: https://www.econbiz.de/10012892081

Gender Equality and Electoral Violence in Africa : Unlocking the Peacemaking Potential of Women

Ouedraogo, Rasmané - 2019

We examine the impact of gender equality on electoral violence in Africa using micro-level data from the sixth round of Afrobarometer surveys. The sample covers 30 countries. We find that gender equality is associated with lower electoral violence. Quantitatively, our estimates show that an...

Persistent link: https://www.econbiz.de/10012863977

China and the World Bank : How Contrasting Development Approaches Affect the Stability of African States

Gehring, Kai; Kaplan, Lennart C.; Wong, Melvin H.L - 2019

outright conflict nor any type of citizen protest, on average. Both even reduce outright conflict by governments against …

Persistent link: https://www.econbiz.de/10014033178

Climate Shocks and Domestic Conflicts in Africa

Diallo, Yoro; Tapsoba, Rene - 2022

This paper analyzes the interlinkages between climate shocks, domestic conflicts, and policy resilience in Africa. It builds on a Correlated Random Effect model to asess these interrelationships on a broad sample of 51 African countries over the 1990-2018 period. We find suggestive evidence that...

Persistent link: https://www.econbiz.de/10014264533

A convex hull approach to counterfactual analysis of trade openness and growth

Funke, Michael; Gronwald, Marc - 2009

In this paper, we apply a convex hull approach to counterfactual analysis of trade openness and growth. The experiments we choose evaluate the importance of trade openness for growth across African countries. Specifically, we ask the question what would happen if African countries were more...

Persistent link: https://www.econbiz.de/10010265984

Determinants of Growth Spells : Is Africa Different?

Tsangarides, Charalambos G. - 2014

Do growth spells in Africa end because of bad realizations of the same factors that influence growth spells in the rest of the world, or because of different factors altogether? To answer this question, we examine determinants of growth spells in Africa and the rest of the world using Bayesian...

Persistent link: https://www.econbiz.de/10013065149

An Equilibrium Model of the African HIV/AIDS Epidemic

Greenwood, Jeremy - 2018

Twelve percent of the Malawian population is HIV infected. Eighteen percent of sexual encounters are casual. A condom is used a third of the time. To analyze the Malawian epidemic, a choice-theoretic general equilibrium search model is constructed. In the developed framework, people select...

Persistent link: https://www.econbiz.de/10012908690