Showing 1 - 10 of 49
At the very time that professional skepticism concerning the effectiveness of foreign aid has reached new heights, donors seem to be ready to substantially increase the volume of aid they are willing to make available. This paper attempts to address this paradox by first examining the record of...
Persistent link: https://www.econbiz.de/10010284594
The international donor community has grave concerns about the prospects for poverty reduction in what it terms fragile states. A state is classified as fragile if its country policy and institutional assessment (CPIA) score falls below a particular threshold. Recognizing that all states are...
Persistent link: https://www.econbiz.de/10010273417
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/10010273446
Industrialization occupies a central place in the rich tapestry of development theory and practice. Although that place …
Persistent link: https://www.econbiz.de/10010273465
development literature. Using the largest panel dataset covering all the Chinese regions over the entire period 1979-2003 and …
Persistent link: https://www.econbiz.de/10010273471
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/10010273509
This paper is derived from our ongoing research on fragile states funded by the Canadian International Development … environments. In order for development assistance to have a measurable and positive impact on fragile states, it is necessary to …
Persistent link: https://www.econbiz.de/10010273522
The reduction of child mortality is one of the most universally accepted Millennium Goals. However, there is a significant debate on the means of reaching it and its realism with regard to the situation in most of the least developed countries. The recommendations made for the achievement of...
Persistent link: https://www.econbiz.de/10010273526
In this paper, we empirically investigate the effect of entrepreneurship on economic growth at the country level. We use data from the Global Entrepreneurship Monitor, which provides comparative data on entrepreneurship from a wide range of countries. An important element of this paper is that...
Persistent link: https://www.econbiz.de/10010277035
We examine the impact of inflation on financial development in Brazil and the data available permit us to cover the …, and robust for different estimators and financial development measures – suggest that inflation presented deleterious … effects on financial development at the time. The main implication of the results is that poor macroeconomic performance has …
Persistent link: https://www.econbiz.de/10010284524