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Until the early seventies the German Democratic Republic (GDR), in line with the CSSR and Bulgaria, was least disposed among CMEA countries to engage in cooperation activities with the West. One of the major reasons for the reserve shown by the GDR in this respect was probably that linkage...
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The relations between 46 developing countries and the EC had to be reviewed and revised after the expiry of the EC association agreements with the 19 Yaoundé states and the three Arousha states and also because of the accession of Great Britain to the EC which made it necessary to include also...
Persistent link: https://www.econbiz.de/10011571395
The article criticizes the World Bank as overy optimistic concerning its ability to raise the effectiveness of aid by concentrating aid on countries with "good" policies. It is shown that aid flows to the main recipient regions yielded the highest correlation to growth when their magnitudes...
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The paper examines empirically the proposition that aid to poor countries is detrimental for external competitiveness, giving rise to Dutch disease type effects. At the aggregate level, aid is found to have a positive effect on growth of labour productivity. A sectoral decomposition shows that...
Persistent link: https://www.econbiz.de/10003778350
It continues to be heavily disputed whether foreign aid promotes economic growth in developing countries. In most cross-country regressions, aid is considered effective only if it shifts recipient countries to a significantly higher and sustainable growth path. We apply an alternative approach...
Persistent link: https://www.econbiz.de/10003373622
Advanced OECD countries are widely held responsible to contain global carbon emissions by providing financial and technical support to developing economies, where emissions are increasing most rapidly. It is open to question, however, whether more generous official development assistance would...
Persistent link: https://www.econbiz.de/10003938720