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In spite a vast amount of both theoretical and empirical work on foreign assistance and development, little is known about the incentive effects of aid. In fact, recent surveys of aid only briefly mention the possibility of moral hazard situations in the recipient-donor relation, but conclude...
Persistent link: https://www.econbiz.de/10005190723
This study estimates the expected long-term budgetary benefits to investing into Roma education in Hungary. By … money into Roma education would pay off even in fiscal terms. In order to be successful, investments should take place in … investing into somebody's education will lead to benefits not only to the person in question but also to the whole society. We …
Persistent link: https://www.econbiz.de/10010494674
In this paper we investigate the relationship between sustainability and economic growth starting from Stern (2006 …
Persistent link: https://www.econbiz.de/10010494609
In this paper we investigate the relationship between sustainability and economic growth starting from Stern (2006 …
Persistent link: https://www.econbiz.de/10010462537
, quality of life indicators and economic growth in the Italian regions. Previous studies stress the importance of institutional … literature, we consider a three-sector model of semi-endogenous growth with negative externalities depending on structural and … translation of innovation into economic growth. It is suggested that generating a development strategy designed to improve social …
Persistent link: https://www.econbiz.de/10009370176
The study aims to revisit some of the macroeconomic issues related to Hungary's eurozone-accession. The government postponed euro-adoption until 2020 without any explanation, which is one of the motivations of our analysis. We review the arguments formulated in 2000-2004 regarding the adoption...
Persistent link: https://www.econbiz.de/10010494500
The study aims to revisit some of the macroeconomic issues related to Hungary's eurozone-accession. The government postponed euro-adoption until 2020 without any explanation, which is one of the motivations of our analysis. We review the arguments formulated in 2000-2004 regarding the adoption...
Persistent link: https://www.econbiz.de/10009521086
Structural funds are the most intensively used policy instrument by the European Union to promote economic growth in …
Persistent link: https://www.econbiz.de/10005168755
This paper examines the major economic and institutional factors underlying the surge in foreign direct investment (FDI) flows to Mexico during the 1990s. It presents evidence that indicates that market-friendly economic reforms and major changes in the institutional-legal status of foreign...
Persistent link: https://www.econbiz.de/10005641776
investment activity, there is no hope for maintaining export growth and revitalizing domestic demand. However, the growth in … investments is likely to decrease net exports, which may be a drag on economic growth. …
Persistent link: https://www.econbiz.de/10010494582