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Are Foreign Aid and Remittance Inflows a Hedge Against Food Price Shocks?

Combes, Jean-Louis - 2013

This paper explores the role of foreign aid and remittance inflows in the mitigation of the effects of food price shocks. Using a large sample of developing countries and mobilising dynamic panel data specifications, the econometric results yield two important findings. First, remittance and aid...

Persistent link: https://www.econbiz.de/10013091296

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

Has Chinese Aid Benefited Recipient Countries? Evidence from a Meta-Regression Analysis

Mandon, Pierre; Woldemichael, Martha Tesfaye - 2022

This paper employs a meta-regression analysis of 473 estimates from 15 studies to take stock of the empirical literature on Chinese aid effectiveness. After accommodating publication selection bias, we find that, on average, Beijing’s foreign assistance has had a positive impact on economic...

Persistent link: https://www.econbiz.de/10013295000

A Constrained Choice? Impact of Concessionality Requirements on Borrowing Behavior

Ahokpossi, Calixte - 2014

This paper uses the propensity matching score approach to assess the impact of the IMF's debt limits policy (DLP) on borrowing behavior in countries eligible to borrow from its concessional lending window. The paper finds that countries under the DLP borrow significantly higher amounts of...

Persistent link: https://www.econbiz.de/10013045262

The Macroeconomic Costs of Conflict

Novta, Natalija - 2020

Macroeconomic costs of conflict are generally very large, with GDP per capita about 28 percent lower ten years after … conflict onset. This is overwhelmingly driven by private consumption, which falls by 25 percent ten years after conflict onset …. Conflict is also associated with dramatic declines in official trade, with exports (imports) estimated to be 58 (34) percent …

Persistent link: https://www.econbiz.de/10012828235

COVID-19 and Inequality in Asia : Breaking the Vicious Cycle

Jurzik, Emilia; Nair, Medha Madhu; Pouokam, Nathalie; … - 2021

The COVID-19 pandemic risks exacerbating inequality in Asia. High frequency labor surveys show that the pandemic is having particularly adverse effects on younger workers, women and people that are more vulnerable. Pandemics have been shown to increase inequalities. As a result, income...

Persistent link: https://www.econbiz.de/10013314837

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

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

Measuring and Mending Monetary Policy Effectiveness Under Capital Account Restrictions — Lessons from Mauritania

Blotevogel, Robert - 2013

I propose a new approach to identifying exogenous monetary policy shocks in low-income countries with capital account restrictions. In the case of Mauritania, a domestic repatriation requirement is the key institutional characteristic that allows me to establish exogeneity. Unlike in advanced...

Persistent link: https://www.econbiz.de/10013082927

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