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development until countries reach upper-middle income, and only thereafter falls. This note quantifies the shape of the mobility …
Persistent link: https://www.econbiz.de/10010423766
This paper examines fungibility as a possible explanation for the "missing link" between foreign aid and economic growth. The composition of aid plays a crucial role in determining the composition of government spending and, consequently, the magnitude of fungibility and its impact on growth....
Persistent link: https://www.econbiz.de/10003607741
The typical identification strategy in aid effectiveness studies assumes donor motives do not influence the impact of aid on growth. We call this homogeneity assumption into question, first constructing a model in which donor motives matter and then testing the assumption empirically. -- Aid ;...
Persistent link: https://www.econbiz.de/10003832281
Various development objectives are worthy, but to my mind, one objective dominates all others: reducing the scourge of …
Persistent link: https://www.econbiz.de/10009696021
This paper evaluates the effect of development project aid from the World Bank and China on firms' sales growth, using …
Persistent link: https://www.econbiz.de/10012612641
-way causality between ODA and GDP as well as between FDI and GDP. ODA has promoted the expansion of economic and development …
Persistent link: https://www.econbiz.de/10013199176
direct investment to the economic development, economic growth, and prosperity of Africa. This paper aims to examine the long …-term and causal relationship between foreign direct investment, official development assistance, and economic growth for 20 … development assistance and economic growth, and between economic growth and foreign direct investment, as well as a cointegrating …
Persistent link: https://www.econbiz.de/10013500910
In a polarised and highly unequal country such as South Africa, it is unlikely that a definition of the middle class that is based on an income threshold will adequately capture the political and social meanings of being middle class. We therefore propose a multi-dimensional definition, rooted...
Persistent link: https://www.econbiz.de/10011388311
path. Hence, we examine the effectiveness of different development policies to exit the poverty trap. Our numerical …
Persistent link: https://www.econbiz.de/10010230511
Entrepreneurship, as reflected in the start-up of new firms, the growth and market exit of existing firms, and the ow of venture capital, has been severely curtailed by the lockdown and social distancing measures taken by governments around the world in the fight against COVID-19. This paper,...
Persistent link: https://www.econbiz.de/10012243470