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This paper challenges the widespread belief that FDI generally has a positive impact on economic growth in developing countries. It addresses the limitations of the existing literature and re-examines the FDI-led growth hypothesis for 28 developing countries using cointegration techniques on a...
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Political misalignment and greater ideological distance between donor and recipient governments may render foreign aid …) providers and recipients. Nevertheless, donors could improve the effectiveness of foreign aid by pursuing complementary and … foreign aid in the recipient countries. Overall, the findings of this dissertation suggest that aid effectiveness can be …
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This study provides a re-examination of the aid-income link based on a panel data set which is downloadable at the Canadian Journal of Economics 45(1), 2012 issue. Longer time series data are available for a group of 58 countries and run from 1960 to 2007. In particular, the study aims at...
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There are arguably few topics in current global economic policy as intensely debated as the impact of different facets of globalization on human development. Given that the concept of globalization reflects a multitude of economic and societal transformations, the scope of these discussions...
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find that international remittances are a stable and stabilizing source of foreign exchange compared with other financial …
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