Showing 1 - 10 of 138
Official (government-to-government) lending is much larger than commonly known, often surpassing total private cross-border capital flows, especially during disasters such as wars, financial crises and natural catastrophes. We assemble the first comprehensive long-run dataset of official...
Persistent link: https://www.econbiz.de/10012234816
This paper is one of the first to show systematically that the motives for sovereign lending to African countries differed considerably between China and Western countries during the last two decades. While Chinese lending mainly served its own economic or geopolitical objectives, which is...
Persistent link: https://www.econbiz.de/10014531825
Economic policy interventions of a scale as effected in eastern Germany can be expected to have a significant impact on the economy, which may be in accordance with the objectives of the policy measures or manifest itself in distortions of several kinds. This paper analyzes the structural...
Persistent link: https://www.econbiz.de/10010260436
China and India increasingly provide aid and credit to developing countries. This paper explores whether India uses these financial instruments to compete for geopolitical and commercial influence with China (and vice versa). To do so, we build a new geocoded dataset of Indian...
Persistent link: https://www.econbiz.de/10012544385
The paper analyzes how the next financial crisis can be prevented and which role the IMF should play. The paper distinguishes between the improvement of existing instruments and solving the moral hazard problem. Both issues are interrelated. The size of operation of the IMF creates a moral...
Persistent link: https://www.econbiz.de/10010265351
. In this paper, we employ geocoded aid data from Uganda to assess whether the country's donors have increasingly … direction: over the period 2006-2013, aid of most major donors in Uganda became more fragmented, and the duplication of aid …
Persistent link: https://www.econbiz.de/10011279522
Chinese aid comes with few strings attached, allowing recipient country leaders to use it for domestic political purposes. The vulnerability of Chinese aid to political capture has prompted speculation that it may be economically ineffective, or even harmful. We test these claims by estimating...
Persistent link: https://www.econbiz.de/10012026889
Nationen fordern deshalb, die Entwicklungshilfe massiv aufzustocken, und der Afrika-Aktionsplan der G8 verspricht eine … Konzentration der Hilfe auf Afrika. Vor diesem Hintergrund stellt sich zum einen die Frage, in welchem Maß die lokalen … ist die Versicherung der Geber zu hinterfragen, dass sich die Verteilung der Hilfe für Afrika an Effizienzkriterien …
Persistent link: https://www.econbiz.de/10010265484
This paper investigates the effects of oil financed public investment on poverty using a dynamic multisectoral general equilibrium model featuring inter-temporal productivity spillovers, which may exhibit a sector-specific and regional bias. In general, the results bear out the expectation that...
Persistent link: https://www.econbiz.de/10010278174
This paper studies the effect of the firm-size distribution on the relationship between employment and output. We construct a theoretical model, which predicts that changes in demand for industry output have larger effects on employment in industries characterised by a distribution that is more...
Persistent link: https://www.econbiz.de/10011561853