Showing 1 - 10 of 246
Assistance (ODA). Based on a comprehensive set of ODA measures and using Propensity Score Matching approach to address selection … the modality of ODA. Moreover, the impact is greatest when LICs are faced with substantial macroeconomic imbalances or … bilateral ODA turn insignificant, suggesting that the catalytic impact is attributed primarily to multilateral ODA …
Persistent link: https://www.econbiz.de/10013040408
surged in recent years. Unlike aid from traditional donors, BRICs (excluding Russia) view their financing as primarily based …
Persistent link: https://www.econbiz.de/10013108610
We use loan-level data on syndicated lending to a large sample of developing countries between 1993and 2017 to estimate the mobilization effects of multilateral development banks (MDBs), controllingfor a large set of fixed effects. We find evidence of positive and significant direct and...
Persistent link: https://www.econbiz.de/10012889164
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 … theoretical results. These imply that, short of ending donors' maximization of relative aid impact, agreements to better …
Persistent link: https://www.econbiz.de/10013098604
We examine the cyclical properties of development aid using bilateral data for 22 donors and over 100 recipients during … 1970‒2005. We find that bilateral aid flows are on average pro-cyclical with respect to business cycles in donor and …-of-trade or growth collapses - thus playing an important cushioning role. Aid outlays contract sharply during severe donor …
Persistent link: https://www.econbiz.de/10014189315
literature on Chinese aid effectiveness. After accommodating publication selection bias, we find that, on average, Beijing … aid variable is measured, the geographic region under study, and publication outlet explain the heterogeneity among … Chinese aid effectiveness estimates reported in the literature …
Persistent link: https://www.econbiz.de/10013295000
We identify key factors, from large set of potential determinants, that explain the variation in export diversification across countries and over time using Bayesian Model Averaging (BMA), which addresses model uncertainty and ranks factors in order of importance vis-a-vis their explanatory...
Persistent link: https://www.econbiz.de/10012868473
According to U.N. estimates, low-income countries will have to increase their annual public spending by up to 30 percent of GDP to achieve the Sustainable Development Goals (SDGs), raising the question of whether they can do it all. This paper develops a new metric of fiscal space in low-income...
Persistent link: https://www.econbiz.de/10012945684
in size than those offoreign direct investment or offcial development aid. On the supply side, remittances reducelabor …
Persistent link: https://www.econbiz.de/10012913942
stability. We estimate the drivers of inflation in Guinea since the early 2000s, a period in which the country suffered major …
Persistent link: https://www.econbiz.de/10014355052