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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
The Millennium Development Goals set quantitative targets for poverty reduction and improvements in health, education, gender equality, the environment, and other aspects of human welfare. At existing rates of progress many countries will fall short of these goals. However, if developing...
Persistent link: https://www.econbiz.de/10012559580
The authors revisit the relationship between aid and growth using a new data set focusing on the 1990s. The evidence supports the view that the impact of aid depends on the quality of state institutions and policies. The authors use an overall measure of institutions and policies popular in the...
Persistent link: https://www.econbiz.de/10012559666
While substantial research finds that financial development boosts overall economic growth, the authors study whether financial development is pro-poor: Does financial development disproportionately raise the income of the poor? Using a broad cross-country sample, the authors find that the...
Persistent link: https://www.econbiz.de/10012559755
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
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
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
analyze policies aimed at making progress toward the goals, the World Bank has developed a new tool, the Maquette for MDG …
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
World Trade Organization. A distinction is made between market access liberalization and the regulatory preconditions for … making national treatment the objective of World Trade Organization services negotiations, thereby clarifying the scope of … World Trade Organization commitments for regulators. Moreover, liberalization by smaller and poorer members of the World …
Persistent link: https://www.econbiz.de/10012552899