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in its poorest member countries. This paper studies the spending and absorption of aid in PRGF-supported programs …, verifies whether the use of aid is programmed to be smoothed over time, and analyzes how considerations about macroeconomic … stability influence the programmed use of aid. The paper shows that PRGF-supported programs permit countries to utilize all …
Persistent link: https://www.econbiz.de/10008531912
Although the literature on aid effectiveness is vast, most of it is based on cross-country studies and does not address …
Persistent link: https://www.econbiz.de/10008646775
In recent years, BRIC countries have demonstrated high rates of economic growth, rapid increases in GDP per capita and growing capital accumulation, and have been playing an increasingly important role in the global economy. However, as middle-income countries (low-income in the case of India),...
Persistent link: https://www.econbiz.de/10011260277
In the present economic scenario, especially after global economic crisis, the condition of India’s balance of payment and trade deficit is very severe. Investment has made the need of hour to bridge this gap. An attempt has been made in this paper, to discuss the need of opening up the route...
Persistent link: https://www.econbiz.de/10011260813
The IMF and World Bank have over the years gained a stronghold in African economic policies. This is mainly due to the borrowing and lending relationship between the continent and these sister organizations. This paper seeks to address the negative effects that the IMF imposed Structural...
Persistent link: https://www.econbiz.de/10005089320
trend has been declining aid volume. Following two decades of relative stability, official flows have decline in the 1990s …; in particular aid to just 0.2 per cent of donor GNP. A second trend is the decline in aid to low-income countries, partly … as aid flows are diverted to transition economies and ‘trouble spots’. As a result of these trends, real aid per capita …
Persistent link: https://www.econbiz.de/10005621484
bondholders, but a very long one for the official export-credit and foreign-aid agencies represented by the Paris Club, as well as …
Persistent link: https://www.econbiz.de/10005621644
The Greek parliamentary elections in January .2015 led to a foreseeable change in government. The coalition government between the conservative Nea Dimokratia and of the socialist PASOK, become replaced. by a coalition government between the left wing coalition party SYRIZA and the extreme...
Persistent link: https://www.econbiz.de/10011185382
This study analyzes capital flows to least developed countries (LDCs) to understand their determinants and persistence. The study finds that macroeconomic stability, trade openness and financial sector development are the key determinants of capital flows (both official and private) to LDCs....
Persistent link: https://www.econbiz.de/10011109215
and foreign aid do not affect the growth rate of consumption but have level impact on consumption. Foreign aid and … independent of external debt and thus the current account surplus. Foreign aid does not affect investment directly but it has a …
Persistent link: https://www.econbiz.de/10011112459