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Foreign Aid Policy and Sources of Poverty : A Quantitative Framework
Rangazas, Peter - 2006
Intro -- Contents -- I. INTRODUCTION -- II. RELATED LITERATURE -- III. THE MODEL -- IV. CROSS- COUNTRY INCOME DIFFERENCES -- V. POLICY EXPERIMENTS -- VI. THE AID COST OF REFORM -- VII. AID FAILURES -- VIII. CONCLUSION -- REFERENCES -- A. Optimal Fiscal Policy in a Closed Economy -- B. Optimal...
Persistent link: https://www.econbiz.de/10012691068
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Development Aid and Economic Growth
Reddy, Sanjay - 2009
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/10012677788
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Determinants of growth spells : is Africa different?
Tsangarides, Charalambos G. - 2012
Do growth spells in Africa end because of bad realizations of the same factors that influence growth spells in the rest … spells in Africa and the rest of the world using Bayesian Mode Averaging techniques for proportional hazards models. We …
Persistent link: https://www.econbiz.de/10009622458
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Understanding the Growth of African Financial Markets
Andrianaivo, Mihasonirina - 2009
This paper examines empirically the determinants of financial market development in Africa with an emphasis on banking … risk are the main determinants of banking sector development in Africa, and that stock market liquidity, domestic savings …
Persistent link: https://www.econbiz.de/10012677837
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Measuring Quarterly Economic Growth from Outer Space
Beyer, Robert - 2022
This paper presents a novel framework to estimate the elasticity between nighttime lights and quarterly economic activity. The relationship is identified by accounting for varying degrees of measurement errors in nighttime light data across countries. The estimated elasticity is 1.55 for...
Persistent link: https://www.econbiz.de/10015060380
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Inclusive Growth : An Application of the Social Opportunity Function to Selected African Countries
Adedeji, Olumuyiwa S. - 2013
The inclusiveness of growth depends on the extent of access to economic and social opportunities. This paper applies the concept of social opportunity function to ascertain the inclusiveness of growth episodes in selected African countries. Premised on the concept of social welfare function,...
Persistent link: https://www.econbiz.de/10014409421
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Business Cycle Fluctuations, Large Shocks, and Development Aid; New Evidence
Dabla-Norris, Era; Minoiu, Camelia; Zanna, Luis-Felipe - International Monetary Fund (IMF) - 2010
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
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Development Aid and Economic Growth; A Positive Long-Run Relation
Reddy, Sanjay; Minoiu, Camelia - International Monetary Fund (IMF) - 2009
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
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Local Financial Development and the Aid-Growth Relationship
Nkusu, Mwanza; Sayek, Selin - International Monetary Fund (IMF) - 2004
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
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Navigating the Evolving Landscape between China and Africa's Economic Engagements
Chen, Wenjie - 2024
China and Africa have forged a strong economic relationship since China's accession to the WTO in 2001. This paper … of a further slowdown in Chinese growth are analyzed, highlighting the varying effects on different countries in Africa …, especially those heavily dependent on their economic relationship with China. The conclusion offers a discussion of ways how …
Persistent link: https://www.econbiz.de/10015058658