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, allowing an understanding of growth and inequality in the region. The region has experienced Ø- and σ-convergence …; however, growth rates of per capita gross domestic product are low at aggregate and sectoral levels. At sectoral level, the … sectors such as education and health can enhance growth rate, whereas the overall revenue expenditure retards growth …
Persistent link: https://www.econbiz.de/10012424163
This paper investigates the linkage between social protection and economic resilience. Does social protection have an impact on income? What role do social protection policies play in strengthening a society's capacity to overcome economic hardships? The recent crisis has brought these questions...
Persistent link: https://www.econbiz.de/10011653909
This paper confirms recent evidence of a positive impact of aid on growth and widens the scope of evaluation to a range … of outcomes including proximate sources of growth (e.g., physical and human capital), indicators of social welfare (e … coherent and favorable pattern of results emerges. Aid has over the past forty years stimulated growth, promoted structural …
Persistent link: https://www.econbiz.de/10010319903
Controversy over the aggregate impact of foreign aid has focused on reduced form estimates of the aid-growth link. The … causal chain, through which aid affects developmental outcomes including growth, has received much less attention. We address … impacts on growth through key intermediate outcomes. A coherent picture emerges: aid stimulates growth and reduces poverty …
Persistent link: https://www.econbiz.de/10010280094
literature doubts the ability of foreign aid to foster economic growth and development. This paper assesses the aid-growth … a positive and statistically significant causal effect on growth over the long run, with confidence intervals conforming … to levels suggested by growth theory. Aid remains a key tool for enhancing the development prospects of poor countries. …
Persistent link: https://www.econbiz.de/10010280159
The foreign aid landscape has undergone a paradigm shift in the last few decades, with changes in the behaviour of 'traditional' donors and a new focus on selectivity in aid disbursement, as well as 'new' donors and South-South co-operation playing an increasingly important role. Amidst these...
Persistent link: https://www.econbiz.de/10010333709
Africa has come a long way since the economic turmoil of the 1980s, the decade of "structural adjustment". Growth has … been strong, yet poverty remains high. Underlying the shortage of good livelihoods and high social inequality is the lack …
Persistent link: https://www.econbiz.de/10011440672
and channels with respect to income inequality, poverty, education, and health. To date, this area has received less … levels of resource rents can end up with significantly different achievements in terms of poverty, inequality, health, and …
Persistent link: https://www.econbiz.de/10012424110
Our hypothesis is that Nigeria is going through a process of economic polarization. An analysis of this type is new for Nigeria; the limited availability of comparable data has hindered an investigation that requires data series not too close in time. The present paper tries to overcome this...
Persistent link: https://www.econbiz.de/10010494223
consumption distribution, poverty, and inequality for the world and specific country aggregates. …
Persistent link: https://www.econbiz.de/10011418574