Showing 1 - 10 of 318
Persistent link: https://www.econbiz.de/10009679640
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
Persistent link: https://www.econbiz.de/10009422248
Flows of development financing from the BRICs (Brazil, Russia, India, and China) to low income countries (LICs) have …
Persistent link: https://www.econbiz.de/10014396593
This paper analyzes the macroeconomic impacts of the creation, accumulation, and use of counterpart funds. It draws attention to the importance of including counterpart funds in the design of macroeconomic policies to ensure their consistency. It shows that the creation or accumulation of...
Persistent link: https://www.econbiz.de/10014396384
Counterpart funds generated through foreign currency or commodity aid have again become an issue of interest, in view of the substantial buildup of these funds. Contrary to the usual approach a model is developed in this paper, which takes account of the budgetary impact, supply-side and money...
Persistent link: https://www.econbiz.de/10014398134
This paper employs a meta-regression analysis of 473 estimates from 15 studies to take stock of the empirical literature on Chinese aid effectiveness. After accommodating publication selection bias, we find that, on average, Beijing's foreign assistance has had a positive impact on economic and...
Persistent link: https://www.econbiz.de/10013170075
BRICs development financing flows have increased significantly and are expected to become more prominent in the post-crisis era. We investigate the potential implications on the country-allocation of loan commitments and the degree of concessionality using a panel vector autoregression model and...
Persistent link: https://www.econbiz.de/10014397783
What role does China play in Africa''s development? What drives China''s increasing economic involvement in the … continent? This paper attempts to provide a quantified assessment of China''s multifaceted influence as market, donor, financer … government policies, markets for each other''s exports, Africa''s demand for infrastructure, and differences in China''s approach …
Persistent link: https://www.econbiz.de/10014400123
South-South trade agreements are proliferating: Developing countries signed 70 new agreements between 1990 and 2003. Yet the impact of these agreements is largely unknown. This paper focuses on the static effects of South-South preferential trade agreements stemming from changes in trade...
Persistent link: https://www.econbiz.de/10014400449