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Economic Development and the Effectiveness of Foreign Aid : A Historical Perspective

Edwards, Sebastian - 2014

In this paper I discuss the effectiveness of foreign aid from a historical perspective. I show that foreign aid is a relatively new concept in economics, and I emphasize the role of exchange rate policies in the foreign aid controversies of the 1970s through 1990s. I show that in the early 1980s...

Persistent link: https://www.econbiz.de/10012457981

Aid and Growth : What Does the Cross-Country Evidence Really Show?

Rajan, Raghuram G. - 2005

We examine the effects of aid on growth--in cross-sectional and panel data--after correcting for the bias that aid typically goes to poorer countries, or to countries after poor performance. Even after thiscorrection, we find little robust evidence of a positive (or negative) relationship...

Persistent link: https://www.econbiz.de/10012467166

Politics and the Effectiveness of Foreign Aid

Boone, Peter David - 1995

Critics of foreign aid programs have long argued that poverty reflects government failure. In this paper I analyze the effectiveness of foreign aid programs to gain insights into political regimes in aid recipient countries. My analytical framework shows how three stylized political/economic...

Persistent link: https://www.econbiz.de/10012473562

Finance, inequality, and poverty : cross-country evidence

Beck, Thorsten - 2004

"While substantial research finds that financial development boosts overall economic growth, we study whether financial development disproportionately raises the incomes of the poor and alleviates poverty. Using a broad cross-country sample, we distinguish among competing theoretical predictions...

Persistent link: https://www.econbiz.de/10010522996

Land, Labor and Globalization in the Pre-Industrial Third World

Williamson, Jeffrey G. - 2000

A Third World data base documenting commodity and factor prices 1870-1940 has been collected, yielding annual time …/rental ratios the world round between 1870 and 1940. The data offer a useful way to identify the impact of globalization on the pre …-industrial Third World. This paper finds commodity price convergence to have been bigger in the Third World than the Atlantic economy …

Persistent link: https://www.econbiz.de/10012470966

The Value of Luminosity Data as a Proxy for Economic Statistics

Chen, Xi - 2010

One of the pervasive issues in social and environmental research has been to improve the quality of socioeconomic data in developing countries. Because of the shortcoming of standard data sources, the present study examines luminosity (measures of nighttime lights) as a proxy for standard...

Persistent link: https://www.econbiz.de/10012462340

Commodity Price Volatility and World Market Integration since 1700

Jacks, David S. - 2009

of life deep into the 18th century. Does world market integration breed more or less commodity price volatility? The … been associated with much greater commodity price volatility, while world market integration associated with peace and pro … never been constant. Globalization increased poor country specialization in commodities when the world went open after the …

Persistent link: https://www.econbiz.de/10012463899

Finance, Inequality, and Poverty : Cross-Country Evidence

Beck, Thorsten - 2004

While substantial research finds that financial development boosts overall economic growth, we study whether financial development disproportionately raises the incomes of the poor and alleviates poverty. Using a broad cross-country sample, we distinguish among competing theoretical predictions...

Persistent link: https://www.econbiz.de/10012467709

Transaction Structures in the Developing World

Lerner, Josh - 2004

While variations in public securities markets across nations have attracted increasing scrutiny, private financings have received little attention. But in developing nations, the bulk of financings are private ones. This paper analyzes 210 private equity transactions in developing countries. We...

Persistent link: https://www.econbiz.de/10012468345

Financial Development in 205 Economies, 1960 to 2010

Čihák, Martin - 2013

financial systems around the world. The database provides information on financial systems in 205 economies over the period from …

Persistent link: https://www.econbiz.de/10012459715

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