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Trade Growth Under the African Growth and Opportunity Act
Frazer, Garth - 2010
This paper explores whether one of the most important U.S. policies towards Africa of the past few decades achieved its …
Persistent link: https://www.econbiz.de/10012759989
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The Determinants of Food Aid Provisions to Africa and the Developing World
Nunn, Nathan - 2014
We examine the supply-side and demand-side determinants of global bilateral food aid shipments between 1971 and 2008. First, we find that domestic food production in developing countries is negatively correlated with subsequent food aid receipts, suggesting that food aid receipt is partly driven...
Persistent link: https://www.econbiz.de/10013068872
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Can the West Save Africa?
Easterly, William - 2021
In the new millennium, the Western aid effort towards Africa has surged due to writings by well-known economists, a … celebrity mass advocacy campaign, and decisions by Western leaders to make Africa a major foreign policy priority. This survey … contrasts the predominant "transformational" approach (West saves Africa) to occasional swings to a "marginal" approach (West …
Persistent link: https://www.econbiz.de/10013210668
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Agoa Rules : The Intended and Unintended Consequences of Special Fabric Provisions
Edwards, Lawrence - 2011
Lesotho and other least developed African countries responded impressively to the preferences they were granted under the African Growth and Opportunities Act with a rapid increase in their clothing exports to the US. But this performance has not been accompanied by some of the more dynamic...
Persistent link: https://www.econbiz.de/10013132068
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The Illusion of Sustainability
Kremer, Michael; Miguel, Edward - 2021
The history of foreign development assistance is one of movement away from addressing immediate needs and toward focusing on the underlying causes of poverty. A recent manifestation is the move towards sustainability,' which stresses community mobilization, education, and cost-recovery. This...
Persistent link: https://www.econbiz.de/10013239373
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China's Growing Economic Activity in Africa
Besada, Hany - 2008
Trade between the whole of Africa and China (imports and exports summed) grew from $10.6 billion to $73.3 billion … between 2000 and 2007, and between Sub-Saharan Africa and China from $7 billion to $59 billion over the same period. China is … now Africa's third largest trading partner behind the EU and the US. The Chinese FDI stock in Africa has grown from $49 …
Persistent link: https://www.econbiz.de/10012771826
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The Prospects for Sustained Growth in Africa : Benchmarking the Constraints
Johnson, Simon - 2007
sustained growth for sub-Saharan Africa. This analysis suggests that what are usually regarded as first-order problems -- broad … institutions, macroeconomic stability, trade openness, education, and inequality -- may not nowbe binding constraints in Africa … Africa. A key question is to what extent Africa can rely on manufactured exports as a mode of quot;escape from …
Persistent link: https://www.econbiz.de/10012776886
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The Baker Hypothesis
Chari, Anusha; Henry; Reyes, Hector - 2022
In 1985, James A. Baker III's “Program for Sustained Growth” proposed a set of economic policy reforms including, inflation stabilization, trade liberalization, greater openness to foreign investment, and privatization, that he believed would lead to faster growth in countries then known as...
Persistent link: https://www.econbiz.de/10013296678
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On Current Account Surpluses and the Correction of Global Imbalances
Edwards, Sebastian - 2007
In this paper I analyze the nature of external adjustments in current account surplus countries. I ask whether a realignment of world growth rates -- with Japan and Europe growing faster, and the U.S. growing more slowly -- is likely to solve the current situation of global imbalances. The main...
Persistent link: https://www.econbiz.de/10012777651
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A Long Term Perspective on the Euro
Bordo, Michael D. - 2008
This study grounds the establishment of EMU and the euro in the context of the history of international monetary cooperation and of monetary unions, above all in the U.S., Germany and Italy. The purpose of national monetary unions was to reduce transactions costs of multiple currencies and...
Persistent link: https://www.econbiz.de/10012772728