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Financial crisis has connected Europe with an obvious common pattern which consists the rapidly rise of protest parties that challenge the established political systems. The basic and new feature of these schemes is the intense war rhetoric against the European Union and the vehement rejection...
Persistent link: https://www.econbiz.de/10011196665
The debate by Okada & Samreth (2012, EL) and Asongu (2012, EB; 2013, EEL) on ‘the effect of foreign aid on corruption’ in its current state has the shortcoming of modeling corruption as a direct effect of development assistance. This note extends the debate by assessing the channels of foreign...
Persistent link: https://www.econbiz.de/10011258114
are necessary for the effectiveness of foreign-aid in Africa. Design/methodology/approach – The panel quantile regression …-economic prosperity nexus are unlikely to succeed in Africa; thus policy measures should be contingent on prevailing levels of economic …
Persistent link: https://www.econbiz.de/10011258353
We extend the Okada & Samreth (2012, EL) and Asongu (2012, EB) debate on ‘the effect of foreign aid on corruption’ by: not partially negating the former’s methodological underpinning (as in the latter’s approach) with a unifying empirical framework and; broadening the horizon of inquiry...
Persistent link: https://www.econbiz.de/10011258764
contingent on existing institutional levels in Africa. (2) But for a thin exception, foreign-aid is instrumental in institutional …
Persistent link: https://www.econbiz.de/10011108935
as a sustainable cure to poverty in Africa. Though the stated intents or purposes of aid are socio-economic, the actual …
Persistent link: https://www.econbiz.de/10011110001
The Okada & Samreth (2012, EL) and Asongu (2012, EB; 2013, EEL) debate on ‘the effect of foreign aid on corruption’ has had an important influence in policy and academic circles. This paper provides a unifying framework by using investment and fiscal behavior transmission channels in 53...
Persistent link: https://www.econbiz.de/10011110427
The Okada & Samreth (2012, EL) and Asongu (2012, EB; 2013, EEL) debate on ‘the effect of foreign aid on corruption’ has had an important influence in policy and academic circles. This paper provides a unifying framework by using investment and fiscal behavior transmission channels in 53...
Persistent link: https://www.econbiz.de/10011112314
This paper assesses the effectiveness of foreign aid in improving government institutions in 52 African countries using updated data(1996-2010). Findings suggest development assistance deteriorates government quality dynamics of corruption-control, political-stability, rule of law, regulation...
Persistent link: https://www.econbiz.de/10009647201
& Samreth(2012, EL) finding for developing countries may not be relevant for Africa. …
Persistent link: https://www.econbiz.de/10009647255