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absolute economic misery in the world. In this paper, I focus on an important but relatively underemphasized approach to …
Persistent link: https://www.econbiz.de/10013087872
This paper examines fungibility as a possible explanation for the missing link between foreign aid and economic growth. The composition of aid plays a crucial role in determining the composition of government spending and, consequently, the magnitude of fungibility and its impact on growth....
Persistent link: https://www.econbiz.de/10013317224
Does corruption grease or sand the wheels of economic growth? This paper uses meta-analysis techniques to … corruption on growth from 41 empirical studies. The main factors explaining the variation in these estimates are whether the … model accounts for institutions and trade openness (both are found to deflate the negative effect of corruption), authors …
Persistent link: https://www.econbiz.de/10013135630
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
economy reduces corruption in high income countries, but increases corruption in low income countries. Finally, the various …
Persistent link: https://www.econbiz.de/10013317424
This paper develops an adaptive learning model under uncertainty that examines evolution of capital account polices over time and across developing regions. In the framework, countries' past experiences and IMF programs influence policymakers' beliefs about the impact of capital account...
Persistent link: https://www.econbiz.de/10013029623
We analyze the spread of policies dealing with international trafficking in human beings. Arguing that countries are unlikely to make independent choices, we identify pressure, externalities and learning or emulation as plausible diffusion mechanisms for spatial dependence in anti-trafficking...
Persistent link: https://www.econbiz.de/10013128229
This paper investigates the role of violent civil conflicts during the process of democratization for the quality of emerging democracies, and in particular, the protection of civil (political and economic) liberties. A simple theory in which different groups may engage in violent conflict in...
Persistent link: https://www.econbiz.de/10009124075
Although the theoretical literature often uses lobbying and corruption synonymously, the empirical literature … associates lobbying with the preferred mean for exerting influence in developed countries and corruption with the preferred one … suggest that (a) lobbying and corruption are fundamentally different, (b) political institutions play a major role in …
Persistent link: https://www.econbiz.de/10013324976
effectiveness or control of corruption). Specifically, health aid to a recipient nation that experiences a one standard deviation …
Persistent link: https://www.econbiz.de/10012870328