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With official development assistance (ODA) set to rise as countries strive to meet the Millennium Development Goals (MDGs), aid effectiveness remains an important area of development policy. An increasing number of studies support the notion that ODA can contribute to growth in a nonlinear...
Persistent link: https://www.econbiz.de/10005605240
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 procyclical with respect to business cycles in donor and recipient countries. However, they become countercyclical...
Persistent link: https://www.econbiz.de/10008727796
We analyze the growth impact of official development assistance to developing countries. Our approach is different from that of previous studies in two major ways. First, we disentangle the effects of two kinds of aid: developmental and non-developmental. Second, our specifications allow for the...
Persistent link: https://www.econbiz.de/10008528696
quality of their public spending, most notably in education to minimize the skill mismatch in the labor market, reduce the …
Persistent link: https://www.econbiz.de/10011123829
episodes? (ii) has this growth had an impact on socially desirable outcomes, for example, improvements in health, education and … poverty indicators? To do this, the paper first examines various aspects of the fundamentals of growth in SSAâ …
Persistent link: https://www.econbiz.de/10011123863
market wages above fallback incomes to attract individuals to the labor force. For that, measures to improve education and …
Persistent link: https://www.econbiz.de/10011242228
last decade in the selected countries came with increased average opportunities in education and health; but distribution …
Persistent link: https://www.econbiz.de/10011242365
Since the onset of the Arab Spring, economic uncertainty in Egypt, Jordan, Libya, Morocco, Tunisia, and Yemen (Arab Countries in Transition, ACTs) has slowed already sluggish growth; worsened unemployment, particularly of youth; undermined business confidence, affected tourist arrivals, and...
Persistent link: https://www.econbiz.de/10011142081
savings rates; (ii) improving the efficiency of social spending and public enterprise reforms; (iii) investment in education … and education reforms; (iii) labor market reforms; and (iv) further measures to reduce bottlenecks and increase …
Persistent link: https://www.econbiz.de/10011142138
saving and increased consumption. The main findings are that spending on health, but not education, had an impact on …
Persistent link: https://www.econbiz.de/10008561091