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investigate whether changes in the international aid architecture?at the international and country level?have led to changes in … appears international aid architecture changes have led to more selectivity in aid allocations. The specific factors causing …
Persistent link: https://www.econbiz.de/10014400887
This paper studies the spending and absorption of aid in PRGF-supported programs, verifies whether the use aid is programmed to be smoothed over time, and analyzes how considerations about macroeconomic stability influence the programmed use of aid. It finds that PRGF-supported programs allow...
Persistent link: https://www.econbiz.de/10014401628
This study focuses on identifying the main factors that influenced country-specific and aggregate demand for IMF concessional financing between 1986 and 2018 and makes within-period and out-of-period forecasts. We find that the external debt level, inflation, and real effective exchange rate are...
Persistent link: https://www.econbiz.de/10012487316
infrastructure are found to be negligible, and international aid has to be sizable to achieve significant welfare gains. In addition …
Persistent link: https://www.econbiz.de/10012112128
Aid is primarily given to governments whereas the engine of sustained growth is the private sector. It is therefore illusory to investigate the impact of aid on growth without considering the impact of government interventions on the private sector. The model shows how these interventions...
Persistent link: https://www.econbiz.de/10014400526
The Millennium Development Goals (MDGs) represent a global commitment to improve economic and social conditions in low-income countries. Capacity building is key to promoting higher economic growth, which, in turn, is an important prerequisite for making progress toward the MDGs. This paper uses...
Persistent link: https://www.econbiz.de/10014403944
Global food aid is considered a critical consumption smoothing mechanism in many countries. However, its record of stabilizing consumption has been mixed. This paper examines the cyclical properties of food aid with respect to food availability in recipient countries, with a view to assessing...
Persistent link: https://www.econbiz.de/10014404009
This paper reviews controversies regarding linkage of international trade and labor standards. Pressures for … international harmonization of labor standards arise in the context of increased trade between countries with large disparities in … standards should not be an option, but that international agreements on core labor standards, with voluntary compliance, may …
Persistent link: https://www.econbiz.de/10014403361
rates on real output growth for several European countries, using German interest rates as the instrument. We show that the …-looking monetary policy decisions. The bias is higher for countries whose monetary policy was more independent of Germany …
Persistent link: https://www.econbiz.de/10014400699
eligibility rule of the Bolsa Familia program in Brazil, one of the oldest and largest conditional cash transfers in the world, to …
Persistent link: https://www.econbiz.de/10012252007