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Should Easier Access to International Credit Replace Foreign Aid?
Bandyopadhyay, Subhayu - 2011
We examine the interaction between foreign aid and binding borrowing constraint for a recipient country. We also analyze how these two instruments affect economic growth via non-linear relationships. First of all, we develop a two-country, two-period trade-theoretic model to develop testable...
Persistent link: https://www.econbiz.de/10013119295
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Agency and Communication in IMF Conditional Lending : Theory and Empirical Evidence
Marchesi, Silvia - 2014
We focus on the role that the transmission of information between a multilateral (the IMF) and a country has for the optimal design of conditional reforms. Our model predicts that when agency problems are especially severe, and/or IMF information is valuable, a centralized control is indeed...
Persistent link: https://www.econbiz.de/10012750944
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Re-Orient? MNC Penetration and Contemporary Shifts in the Global Political Economy
Tausch, Arno - 2009
This article analyses IMF estimates of economic growth in 180 countries (IMF, 2009), and inks the results to the Re-orient approach, put forward by Frank, 1998. With global economic gravitation shifting to the Indian Ocean/Pacific region, the article also analyses the role of MNC (foreign...
Persistent link: https://www.econbiz.de/10013155598
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The Costs of Favoritism : Is Politically-Driven Aid Less Effective?
Dreher, Axel - 2010
World Bank projects and generally find that projects that are potentially politically motivated – such as those granted to … governments holding a non-permanent seat on the United Nations Security Council or an Executive Directorship at the World Bank … Council members with higher short-term debt, however, a negative quality rating is more likely. So we find evidence that World …
Persistent link: https://www.econbiz.de/10013146478
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The Political Resource Curse
Brollo, Fernanda - 2010
The paper studies the effect of additional government revenues on political corruption and on the quality of politicians, both with theory and data. The theory is based on a version of the career concerns model of political agency with endogenous entry of political candidates. The evidence...
Persistent link: https://www.econbiz.de/10013148349
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International Labor Standards and the Political Economy of Child Labor Regulation
Doepke, Matthias; Zilibotti, Fabrizio - 2021
Child labor is a persistent phenomenon in many developing countries. In recent years, support has been growing among rich-country governments and consumer groups for the use of trade policies, such as product boycotts and the imposition of international labor standards, to reduce child labor in...
Persistent link: https://www.econbiz.de/10013324927
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Globalised Labour Markets? International Rent Sharing Across 47 Countries
Martins, Pedro S. - 2010
We present evidence about the role of rent sharing in fostering the interdependence of labour markets around the world …
Persistent link: https://www.econbiz.de/10013136491
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Ethnic Fragmentation, Conflict, Displaced Persons and Human Trafficking : An Empirical Analysis
Akee, Randall - 2010
of international trafficking. We conduct a direct estimation, which highlights the ultimate impact of ethnic …
Persistent link: https://www.econbiz.de/10013138737
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Human Capital and Growth : Specification Matters
Sunde, Uwe - 2011
This paper suggests that the weak empirical effect of human capital on growth in existing cross-country studies is partly the result of an inappropriate specification that does not account for the different channels through which human capital affects growth. A systematic replication of earlier...
Persistent link: https://www.econbiz.de/10013120134
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For Benevolence and for Self-Interest : Social and Commercial Entrepreneurial Activity Across Nations
Estrin, Saul - 2011
We conceptualise social entrepreneurship as a source of social capital which, when present in the environment, enhances commercial entrepreneurship. We also argue that social entrepreneurship should be recognised as a second form of Baumol's (1990) productive entrepreneurship and that it will...
Persistent link: https://www.econbiz.de/10013123596