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The Pacific Islands face the highest disaster risk, in per capita terms, globally. Examples of catastrophic events in the region include the 2009 tsunami in Samoa, the 2014 floods in the Solomon Islands, and the 2015 cyclone Pam in Vanuatu. Even without these catastrophic events, countries in...
Persistent link: https://www.econbiz.de/10011584936
Using data from 1988 to 2007, we examine to what extent bilateral aid flows of an individual donor to a country depend … on aid flows from all other bilateral and multilateral donors to that country. We thereby want to assess to what extent … donor coordination, free-riding, selectivity, specialization, and common donor motivations drive bilateral aid allocation as …
Persistent link: https://www.econbiz.de/10010292714
ineffective in promoting economic growth and development. Previous studies have not derived the causal effects of development aid …The diversion of development aid to the recipient's military may be one explanation why aid is often found to be … on military expenditure. Using a new instrumental variable strategy, we examine whether bilateral development aid …
Persistent link: https://www.econbiz.de/10011555530
In an interconnected world, economic and political interests inevitably reach beyond national borders. Since policy choices generate external economic and political costs, foreign state and non-state actors have an interest in inflencing policy actions in other sovereign countries to their...
Persistent link: https://www.econbiz.de/10012018258
organizations. We test this theory empirically by examining how the United States uses bilateral aid and IMF loans to buy other … 1960-2015 period, our results show that states allied with the US receive more bilateral aid when voting in line with the …
Persistent link: https://www.econbiz.de/10011932079
Bailouts sponsored by the International Monetary Fund (IMF) are famous for their conditionality: in return for continued installments of desperately needed loans, governments must comply with austere policy changes. Many have suggested, however, that politically important countries face rather...
Persistent link: https://www.econbiz.de/10010317031
This paper examines the causality relationship between immigration, unemployment and economic growth of the host … (France, Iceland, Norway and the United Kingdom), growth positively causes immigration, whereas in any country, immigration … does not cause growth. …
Persistent link: https://www.econbiz.de/10010293911
In the first part of the paper we look at economic growth in Africa over the past three decades. We divide the past …. Although the improved growth performance has helped to improve human development and reduce poverty, poverty levels remain high … in many countries and more needs to be done to make growth more inclusive .In the second part we estimate the trend …
Persistent link: https://www.econbiz.de/10010293975
We build and estimate a structural dynamic general equilibrium model of growth and trade. Trade affects growth through …, growth affects trade, directly through changes in country size and indirectly through altering the incidence of trade costs …. Theory translates into an intuitive econometric system that identifies the causal impact of trade on income and growth, and …
Persistent link: https://www.econbiz.de/10011307111
We construct a tractable general equilibrium model of cumulative innovation and growth, in which new ideas strictly …
Persistent link: https://www.econbiz.de/10010322995