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This paper adds to aid volatility literature in three ways: First it tests the validity of the aid volatility and growth relationship from various aspects: across different time horizons, by sources of aid, and by aid volatility interactions with country characteristics. Second, it investigates...
Persistent link: https://www.econbiz.de/10012976695
Fragile and conflict-affected states face daunting challenges for development. Aid has a greater importance on … consideration. Despite its significance, aid effectiveness is appreciably lower in fragile and conflict-affected states than in … important initial steps, this paper aims to identify (i) aid effectiveness challenges facing fragile and conflict …
Persistent link: https://www.econbiz.de/10012975294
This paper examines whether domestic output growth helps attract capital inflows and, in turn, capital inflows help boost output growth in a set of 38 Sub-Saharan African countries. Using a two-step approach to address reverse causality and omitted variable issues, the paper finds that output...
Persistent link: https://www.econbiz.de/10012971630
The literature on aid and growth has not found a convincing instrumental variable to identify the causal effects of aid. This paper exploits an instrumental variable based on the fact that since 1987, eligibility for aid from the International Development Association (IDA) has been based partly...
Persistent link: https://www.econbiz.de/10012973243
Despite the growing body of literature examining the effectiveness of transparency and accountability initiatives, there remains limited substantiation for whether and how open budgeting contributes to reductions in poverty and improvements in the lives of the poor. This paper reviews available...
Persistent link: https://www.econbiz.de/10012972978
countries need to improve their governance and build the capacity of the public sector to improve living standards, the Bank …'s performance in assisting governments in building state capacity and achieving better governance outcomes has been disappointing …
Persistent link: https://www.econbiz.de/10012974812
sustainable economic development. Yemen, as the country with the lowest per capita income in the group of countries with a high … this paper support a comprehensive petroleum subsidy reform in Yemen. Economic growth is projected to accelerate between 0 …
Persistent link: https://www.econbiz.de/10012976145
Yemen. Among the mobile phone?using population, the share of households receiving food assistance more than doubled …
Persistent link: https://www.econbiz.de/10012888868
The paper analyzes the impact of the recent global crisis in the context of the previous two decades' growth and capital flows. Growth decomposition exercises show that Egyptian growth is driven mostly by capital accumulation. To estimate the share of labor in national income, the analysis...
Persistent link: https://www.econbiz.de/10012976332
that generates private sector-led, productivity-driven growth supported by measures to improve governance and business …
Persistent link: https://www.econbiz.de/10012839626