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The fiscal cost of conflict : evidence from Afghanistan 2005-2016
Barrett, Philip - 2018
I use a monthly panel of provincially-collected central government revenues and conflict fatalities to estimate government revenues lost due to conflict in Afghanistan since 2005. I identify causal effects by instrumenting for conflict using pre-sample ethno-linguistic share. Headline estimates...
Persistent link: https://www.econbiz.de/10011932218
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Post-Conflict Recovery : Institutions, Aid, or Luck?
David, Antonio - 2011
This paper identifies the factors linked to cross-country differentials in growth performance in the aftermath of social conflict for 30 sub-Saharan African countries using panel data techniques. Our results show that changes in the terms of trade are the most important correlate of economic...
Persistent link: https://www.econbiz.de/10014399235
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Democracy and Foreign Education
Spilimbergo, Antonio - 2007
Do foreign-educated individuals play a role in promoting democracy in their home countries? Despite the large amount of … foster democracy in their home countries. Using a unique panel dataset on foreign students starting from 1950, I show that …, indeed, foreign-educated individuals promote democracy in their home country, but only if the foreign education is acquired …
Persistent link: https://www.econbiz.de/10014400353
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Ethnic Diversity, Democracy, and Corruption
Yehoue, Etienne B. - 2007
I study the link between ethnic diversity, democracy, and corruption. In a static model, I show that contrary to … conventional wisdom, corruption might emerge as a negative externality of democracy. This occurs through ethnicity, which appears … technology of extraction operates only at the early stage of democracy. Its impact tends to phase out as democracy matures. In …
Persistent link: https://www.econbiz.de/10014401255
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Borrowing costs and the role of multilateral development banks : evidence from cross-border syndicated bank lending
Gurara, Daniel Zerfu; Presbitero, Andrea; Sarmiento, Miguel - 2018
Cross-border bank lending is a growing source of external finance in developing countries and could play a key role for infrastructure financing. This paper looks at the role of multilateral development banks (MDBs) on the terms of syndicated loan deals, focusing on loan pricing. The results...
Persistent link: https://www.econbiz.de/10011978454
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The impact of the global financial crisis on microfinance and policy implications
Di Bella, Gabriel - 2011
Persistent link: https://www.econbiz.de/10009424875
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Is digital financial inclusion unlocking growth?
Khera, Purva; Ng, Stephanie; Ogawa, Sumiko; Sahay, Ratna - 2021
Digital financial services have been a key driver of financial inclusion in recent years. While there is evidence that financial inclusion through traditional services has a positive impact on economic growth, do the same results carry over for digital financial inclusion? What drives digital...
Persistent link: https://www.econbiz.de/10012612325
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Financial inclusion : what have we learned so far? : what do we have to learn?
Barajas, Adolfo; Beck, Thorsten; Belhaj, Mohamed; Ben … - 2020
The past two decades have seen a rapid increase in interest in financial inclusion, both from policymakers and researchers. This paper surveys the main findings from the literature, documenting the trends over time and gaps that have arisen across regions, income levels, and gender, among...
Persistent link: https://www.econbiz.de/10012300650
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Filling the gap : digital credit and financial inclusion
Bazarbash, Majid; Beaton, Kimberly - 2020
Can fintech credit fill the credit gap in the consumer and business segments? There are few cross-country studies that explore this question. Focusing on marketplace lending, an important part of fintech credit, we use data for 109 countries from 2015 to 2017 to study the relationship between...
Persistent link: https://www.econbiz.de/10012300655
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Unlocking access to finance for SMEs : a cross-country analysis
Fouejieu, Armand; Ndoye Faye, Anta; Sydorenko, Tetyana - 2020
Countries in the MENAP and CCA regions have the lowest levels of financial inclusion of small and medium enterprises (SMEs) in the world. The paper provides empirical evidence on the drivers of SME access to finance for a large sample of countries, and identifies key policy priorities for these...
Persistent link: https://www.econbiz.de/10012251308