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The macroeconomic management of increased aid : policy lessons from recent experience

Aiyar, Shekhar (contributor); Berg, Andrew (contributor); … - 2008

This paper investigates the macroeconomic challenges created by a surge in aid inflows. It develops an analytical framework for examining possible policy responses to increased aid, in terms of absorption and spending of aid - where the central bank controls absorption through monetary policy...

Persistent link: https://www.econbiz.de/10003793498

Foreign aid as prize : incentives for a pro-poor policy

Sayanak, Tejashree (contributor); Lahiri, Sajal (contributor) - 2008

We develop a theoretical model of foreign aid to analyse a method of disbursement of aid which induces the recipient government to follow a more pro-poor policy than it otherwise would do. In our two-period model, aid is given in the second period and the volume of it depends on the level of...

Persistent link: https://www.econbiz.de/10003725581

Monetary policy rules for managing aid surges in Africa

Adam, Christopher S.; Buffie, Edward F.; O'Connell, … - 2008

We examine the properties of alternative monetary policy rules in response to large aid surges in low-income countries characterized by incomplete capital market integration and currency substitution. Using a dynamic stochastic general equilibrium model, we show that simple monetary rules that...

Persistent link: https://www.econbiz.de/10003793493

No household left behind : Afghanistan targeting the ultra poor impact evaluation

Bedoya, Guadalupe; Coville, Aidan; Haushofer, Johannes; … - 2019

increase in many fragile and conflict-affected areas where half of the extreme poor are expected to reside by 2030. These areas …-push" interventions can dramatically reduce poverty in fragile and conflict-affected regions …

Persistent link: https://www.econbiz.de/10012051866

Evolution of poor food access over the course of the conflict in the Republic of Yemen

Tandon, Sharad; Vishwanath, Tara - 2019

The Republic of Yemen has undergone a profound transformation following the escalation of conflict in March 2015. There … poor welfare outcomes contrasts with evidence from other conflict settings, and further contrasts with the rationale …

Persistent link: https://www.econbiz.de/10012008383

Conflict and poverty : Poverty and Shared Prosperity 2020 background paper

Mueller, Hannes; Techasunthornwat, Chanon - 2020

This paper analyzes the relationship between poverty and conflict in the macro and regional data, including a detailed … that conflict has on health and expectations. Based on this evidence, it develops a statistical framework to track the … cumulative long-term impact that armed conflict has on poverty, which the paper calls conflict debt. The data confirm that …

Persistent link: https://www.econbiz.de/10012390600

Hunting for leopards : long-run country income dynamics in Africa

Arbache, Jorge Saba (contributor); Page, John (contributor) - 2008

This paper examines the country-level dynamics of long-run growth in Africa between 1975 and 2005. We are primarily interested in examining how growth has affected mobility and the distribution of income among countries. We analyse changes in the cross-country income structure and convergence....

Persistent link: https://www.econbiz.de/10003793538

On the measurement of human well-being : fuzzy set theory and Sen's capability approach

Baliamoune-Lutz, Mina N. - 2004 - Revised version

Sen’s influential work on human development has led economists to explore new areas that have become increasingly important for human well-being. In particular, Sen emphasizes the importance of the "freedom to choose". Freedom, however, is not always an exact (crisp) outcome, and membership in...

Persistent link: https://www.econbiz.de/10011506412

The impact of monetary union on macroeconomic integration : evidence from West Africa

Fielding, David; Shields, Kalvinder K. - 2004

In this paper we use data from 17 African nations in order to investigate the hypothesis that monetary union - represented in this case by the CFA Franc Zone - augments the extent of macroeconomic integration. The paper covers a number of dimensions of integration including the volume of...

Persistent link: https://www.econbiz.de/10011506430

The characteristics of macroeconomic shocks in the CFA Franc Zone

Fielding, David; Lee, Kevin C.; Shields, Kalvinder K. - 2004

In this paper we fit a VECM in output and prices to data from ten countries of the CFA Franc Zone. This model allows for various cross-country interactions in both the short run and the long run. The VECM parameters are used to estimate persistence profiles of different kinds, in order to...

Persistent link: https://www.econbiz.de/10011506437