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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/10008663071
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/10009767897
doubt on the ability of foreign aid to foster economic growth and development. This paper assesses what meta-analysis has to … say about the effectiveness of foreign aid in terms of the growth impact. We re-examine key hypotheses, and find that the … effect of aid on growth is positive and statistically significant. This significant effect is genuine, and not an artefact of …
Persistent link: https://www.econbiz.de/10008990905
As research on the empirical link between aid and growth continues to grow, it is time to revisit the accumulated …
Persistent link: https://www.econbiz.de/10011821438
inclusive growth. Aid budgets are under pressure and development finance is linked more to other donor countries' foreign policy …
Persistent link: https://www.econbiz.de/10012301840
The World Bank is uniquely positioned to identify and disseminate innovative development practices. Based on his thirty-year experience as a World Bank staff member, the author takes an institutional perspective on the innovation climate at the World Bank focusing on dominant development...
Persistent link: https://www.econbiz.de/10010202213
reducing maternal, newborn, and child mortality around the world. The growth rate of development assistance targeted towards …
Persistent link: https://www.econbiz.de/10010190156
The total funding envelope for World Bank projects is often divided among various state and non-state actors, each of which can have competing ideas about or interests in the project. How does the division of financing relate to overall project effectiveness? I argue that too many funding...
Persistent link: https://www.econbiz.de/10011978531
The Yemen Social Fund for Development (SFD) was established in 1997 with the support of the international community, and in particular the World Bank, to combat national poverty and reinforce the limited existing social safety net. Since its inception, SFD has been widely viewed as successful in...
Persistent link: https://www.econbiz.de/10009788420
After receiving at least US$20 billion in aid for reconstruction and development over the past 60 years, Haiti has been and remains a fragile state, one of the worse globally. The reasons for aid failure are legion but mostly relate to highly dysfunctional Haitian regimes, sometimes destructive...
Persistent link: https://www.econbiz.de/10010191183