Showing 1 - 10 of 66
This paper provides a broad empirical analysis of the determinants of post-conflict economic transitions across the … risk of conflict recurrence as an explanatory variable in the growth regression, because post-conflict countries have a … domestic factors, including the estimated probability of conflict recurrence, as well as a range of external variables …
Persistent link: https://www.econbiz.de/10013085981
Recent literature has explored the relationship between efficiency-adjusted public capital and economic growth. A debate on whether capital grants, and especially EU funds actually contribute to growth has gained prominence lately. This paper empirically assesses the relationship between the...
Persistent link: https://www.econbiz.de/10012948534
The “middle-income trap” is the phenomenon of hitherto rapidly growing economies stagnating at middle-income levels and failing to graduate into the ranks of high-income countries. In this study we examine the middle-income trap as a special case of growth slowdowns, which are identified as...
Persistent link: https://www.econbiz.de/10013083624
This paper develops a new index which provides early warning signals of a growth crisis in the event of large external shocks in low-income countries. Multivariate regression analysis and a univariate signaling approach are used to map information from a parsimonious set of underlying policy,...
Persistent link: https://www.econbiz.de/10013083626
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
Aid is primarily given to governments whereas the engine of sustained growth is the private sector. It is therefore illusory to investigate the impact of aid on growth without considering the impact of government interventions on the private sector. The model shows how these interventions...
Persistent link: https://www.econbiz.de/10013318070
This paper takes stock of the economic performance of resource rich countries in the Middle East and North Africa (MENA) over the past forty years. While those countries have maintained high levels of income per capita, they have performed poorly when going beyond the assessment based on...
Persistent link: https://www.econbiz.de/10013090365
contraction of economic activity in Yemen throughout the ongoing conflict that erupted in 2015. Using estimated nightlights … official figures. I also find that the impact of the conflict has been geographically uneven with economic activity contracting …
Persistent link: https://www.econbiz.de/10012858960
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
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