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Breaking the Curse of Sisyphus : An Empirical Analysis of Post-Conflict Economic Transitions

Cevik, Serhan - 2013

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

Aid, Exports, and Growth : A Time-Series Perspective on the Dutch Disease Hypothesis

Prati, Alessandro - 2014

We use a heterogeneous panel VAR model identified through factor analysis to study the dynamic response of exports, imports, and per capita GDP growth to a “global” aid shock. We find that a global aid shock can affect exports, imports, and growth either positively or negatively. As a...

Persistent link: https://www.econbiz.de/10013064195

Solow Versus Harrod-Domar : Reexamining the Aid Costs of the First Millennium Development Goal

Erickson, Lennart Andrew - 2007

The First Millennium Development Goal (MDG#1) is to cut the fraction of global population living on less than one dollar per day in half, by 2015. Foreign aid financed investments may contribute to the attainment of this goal. But how much can aid be reasonably expected to accomplish? A...

Persistent link: https://www.econbiz.de/10012777948

Assessing Bias and Accuracy in the World Bank-IMF's Debt Sustainability Framework for Low-Income Countries

Berg, Andrew - 2014

The World Bank and the IMF have adopted a debt sustainability framework (DSF) to evaluate the risk of debt distress in Low Income Countries (LICs). At the core of the DSF are empirically-based thresholds for each of five different measures of the debt burden (the “debt threshold approach”...

Persistent link: https://www.econbiz.de/10013055260

Efficiency-Adjusted Public Capital, Capital Grants, and Growth

Crivelli, Ernesto - 2017

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

Growth Slowdowns and the Middle-Income Trap

Aiyar, Shekhar S. - 2013

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

Exogenous Shocks and Growth Crises in Low-Income Countries : A Vulnerability Index

Dabla-Norris, Era - 2013

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

Natural Disasters and Food Crises in Low-Income Countries : Macroeconomic Dimensions

Adedeji, Olumuyiwa - 2016

The exposure of low-income countries to natural disasters has a significant impact on food production and food security. This paper provides a framework for assessing a country's vulnerability to food crisis in the event of natural disasters. The paper finds that macroeconomic and structural...

Persistent link: https://www.econbiz.de/10012993722

Macroeconomic Shocks and Conflict

Leepipatpiboon, Patcharaporn; Castrovillari, Chiara; … - 2023

This paper contributes to the research on the macroeconomic origins of conflict. Based on a sample of 133 low- and … the evidence from previous studies on the link between macroeconomic conditions and conflict is rather inconclusive, we … number of conflict events and fatalities. Moreover, the effect plays out over several years albeit with decreasing strength …

Persistent link: https://www.econbiz.de/10014358460

Donor Competition for Aid Impact, and Aid Fragmentation

Annen, Kurt - 2012

This paper shows that donors that maximize relative aid impact spread their budgets across many recipient countries in a unique Nash equilibrium, explaining aid fragmentation. This equilibrium may be inefficient even without fixed costs, and the inefficiency increases in the equality of donors'...

Persistent link: https://www.econbiz.de/10013098604

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