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What Happens When a Country Does Not Adjust to Terms of Trade Shocks? The Case of Oil-Rich Gabon

Zafar, Ali - 2013

shocks shows that Gabon's adjustment to adverse movements in the terms and trade from 1980 to 2000 was considerably weak in …Gabon is currently one of the richest countries in Sub-Saharan Africa, having a GDP per capita of close to $4,000, and … diversify production. While Gabon's membership in the Central African economic and monetary union means that it benefits from …

Persistent link: https://www.econbiz.de/10012559837

Road Improvement and Deforestation in the Congo Basin Countries

Damania, Richard; Wheeler, David - 2015

Road construction has often been viewed as the precursor to deforestation, especially in tropical forests. Traditional responses to such threats have been reactive, with attempts to mitigate impacts through physical measures, or the establishment of protected areas. These approaches often have...

Persistent link: https://www.econbiz.de/10012564676

When Do Donors Trust Recipient Country Systems?

Knack, Stephen - 2012

The 2005 Paris Declaration on Aid Effectiveness sets targets for increased use by donors of recipient country systems for managing aid. The target is premised on a view that country systems are strengthened when donors trust recipients to manage aid funds, but undermined when donors manage aid...

Persistent link: https://www.econbiz.de/10012552124

Identifying Aid Effectiveness Challenges in Fragile and Conflict-Affected States

Ishihara, Yoichiro - 2012

Fragile and conflict-affected states face daunting challenges for development. Aid has a greater importance on development in these states than in others, and therefore aid effectiveness management and delivery of aid bears serious consideration. Despite its significance, aid effectiveness is...

Persistent link: https://www.econbiz.de/10012552141

Fungibility and the Impact of Development Assistance : Evidence from Vietnam's Health Sector

Wagstaff, Adam - 2012

How can the impact of aid be estimated in the presence of fungibility? And how far does fungibility reduce its benefits? These questions are analyzed in a context where a donor wants to target its efforts on a specific sector and specific geographic areas. A traditional...

Persistent link: https://www.econbiz.de/10012552243

Aid, Growth, and Real Exchange Rate Dynamics

Devarajan, Shantayanan; Go, Delfin S.; Page, John - 2012

Devarajan, Go, Page, Robinson, and Thierfelder argued that if aid is about the future and recipients are able to plan consumption and investment decisions optimally over time, then the potential problem of an aid-induced appreciation of the real exchange rate (Dutch disease) does not occur. In...

Persistent link: https://www.econbiz.de/10012552266

The Fiscal Impact of Foreign Aid in Rwanda : A Theoretical and Empirical Analysis

Ezemenari, Kene; Kebede, Ephraim; Lahiri, Sajal - 2012

The inflow of large quantities of foreign aid into Rwanda since 1994 can have potential adverse effects such as aid dependency via a significant negative effect on tax efforts and on public investments. This paper carries out a theoretical and empirical study to examine these issues. The...

Persistent link: https://www.econbiz.de/10012552324

Beyond Aid : New Sources and Innovative Mechanisms for Financing Development in Sub-Saharan Africa

Ratha, Dilip; Mohapatra, Sanket; Plaza, Sonia - 2012

Given Sub-Saharan Africa's enormous resource needs for growth, poverty reduction, and other Millennium Development Goals, the development community has little choice but to continue to explore new sources of financing, innovative private-to-private sector solutions, and public-private...

Persistent link: https://www.econbiz.de/10012552395

Social Assistance and Poverty Reduction in Moldova, 2001-2004 : An Impact Evaluation

Verme, Paolo - 2012

This paper assesses the impact of social assistance benefits on household welfare in Moldova. Ignoring standard issues of impact evaluations such as selection bias, behavioral responses, unobserved heterogeneity and endogeneity, an incidence analysis suggests that increased spending on social...

Persistent link: https://www.econbiz.de/10012552449

The Doha Development Agenda : What's on the Table?

Martin, Will; Mattoo, Aaditya - 2012

The outlines of a potential agreement, emerging after seven years of negotiations, imply that Doha offers three key benefits: reduced uncertainty of market access in goods and services; improved market access in agriculture and manufacturing; and the mobilization of resources to deal with the...

Persistent link: https://www.econbiz.de/10012552463