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development. This paper looks at what the cross-country aid effectiveness literature and World Bank Operations Evaluation … effective aid allocation. Given the multiple potential objectives for aid, there is no one right answer. However, it appears …
Persistent link: https://www.econbiz.de/10012553827
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
Aid is expected to promote better living standards by raising investment and growth. But aid may also affect institutions directly. In theory, these effects may or may not work in the same direction as those on investment. The authors examine the effect of aid on economic institutions and find...
Persistent link: https://www.econbiz.de/10012553812
The authors examine the empirical evidence in support of the poverty trap view of underdevelopment. They calibrate simple aggregate growth models in which poverty traps can arise due to either low saving or low technology at low levels of development. They then use these models to assess the...
Persistent link: https://www.econbiz.de/10012554090
the allocation of aid to low-income countries favored those with better institutional quality. This "selectivity" is …
Persistent link: https://www.econbiz.de/10012559666
This paper provides a synthetic and systematic review on the effectiveness of various entrepreneurship programs in developing countries. It adopts a meta-regression analysis using 37 impact evaluation studies that were in the public domain by March 2012, and draws out several lessons on the...
Persistent link: https://www.econbiz.de/10012558138
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
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
allocation and sequencing of public spending. Especially for low-income countries, the challenges of the MDGs cannot be well … analyze policies aimed at making progress toward the goals, the World Bank has developed a new tool, the Maquette for MDG … economic growth. Second, it shows how scaling up these services has economy-wide impacts that may change resource allocation in …
Persistent link: https://www.econbiz.de/10012552478
Multilateral development banks are frequently accused of "defensive lending," the practice of extending new loans purely in order to ensure that existing loans are repaid. This paper empirically examine this hypothesis using data on lending by and repayments to the International Development...
Persistent link: https://www.econbiz.de/10012552775