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We examine whether and under which circumstances World Bank projects and IMF programs affect the likelihood of major … model specification, those of the World Bank are shown to be robust to the choice of control variables and method of …
Persistent link: https://www.econbiz.de/10010285844
In this project we explore the relationship between leader change and relations between states. Voting in the United Naion's General Assembly (UNGA) is often used as a measure of political proximity between countries. We use UN voting coincidence to examine how changes in leadership affect...
Persistent link: https://www.econbiz.de/10010285846
According to the disciplining hypothesis, globalization restrains governments by inducing increased budgetary pressure. As a consequence, governments shift their expenditures in favour of transfers and subsidies and away from capital expenditures. This expenditure shift is potentially enhanced...
Persistent link: https://www.econbiz.de/10010285894
The typical identification strategy in aid effectiveness studies assumes donor motives do not influence the impact of aid on growth. We call this homogeneity assumption into question, first constructing a model in which donor motives matter and then testing the assumption empirically.
Persistent link: https://www.econbiz.de/10010286642