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The issue of foreign aid dependency in African countries remains controversial among policy makers. So far, there is no consensus on aid effectiveness and the resulting policy prescriptions have been conflicting. The Euro zone which provides the bulk of foreign aid to developing countries, is...
Persistent link: https://www.econbiz.de/10011259182
Joining the European Union big opportunities in the international markets have opened for Latvia. Paper purpose is to investigate influence of international integration processes on development of economy of Latvia. In the paper Latvian economic indicators before and after entering the EU are...
Persistent link: https://www.econbiz.de/10009216353
The Two-Gap Model suggests that the Poor countries have to rely on the foreign capital inflows (FCI) to fill the two Gaps: Import-Export Gap and the Savings-Investment Gap. There are many forms of the foreign capital inflows like FDI (Foreign Direct Investment), External loans & Credit,...
Persistent link: https://www.econbiz.de/10005835856
Using panel data for the period of 1975-2011, this study attempts to answer the question of whether the quantity or … (5-year averaged) panel data. Issues of endogeneity, measurement bias, simultaneity and reverse causality are addressed … to different samples and estimation techniques. Nonetheless, the study does not discount the importance of the quality of …
Persistent link: https://www.econbiz.de/10011113261
the Panel Smooth Transition Regression (PSTR) model of Gonzalés et al. (2005) and three metrics of financial development …
Persistent link: https://www.econbiz.de/10011271319
and its four provinces across gender domains. The paper also corroborates the education-growth hypothesis through panel … estimation of a modified Macro-Mincerian function. We find that the commitment of the public sector to education provision has a …
Persistent link: https://www.econbiz.de/10008694145
The purpose of this paper is to test whether institutional governance and its performance is a main driving force to achieve a positive relationship between natural resources and economic growth in the long run. The main objective is to ascertain what kind of institutional governance would be...
Persistent link: https://www.econbiz.de/10013056564
The main purpose of the paper is to analyze GDP PPP per capita growth rates across countries in the period 1980-2008, as well as to identify top and bottom country performers. In addition, the author verifies the statistical relationship between GDP PPP per capita and some arbitrary selected...
Persistent link: https://www.econbiz.de/10014147300
parties are both sold to the Rest of the world. Therefore, the opportunity cost of conflict depends also on relative … contested sectors are countervailing forces. The empirical section focused on a panel of Sub-Saharan African countries for the … increase in world prices of manufactures would make civil wars less likely. …
Persistent link: https://www.econbiz.de/10008919751
Although the Structural Economic Dynamic approach provides a simultaneous consideration of demand and supply sides of economic growth, it does not take into fully account the possible role played by demand in the generation of technical progress. From a neo-Kaldorian perspective, this paper...
Persistent link: https://www.econbiz.de/10011259000