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these expectations valid? This paper surveys the literature on aid and growth. It finds that practically all aid studies … since the late 1990s conclude that aid increases economic growth. By implication, therefore, it can be inferred that poverty …
Persistent link: https://www.econbiz.de/10010284599
policy. This paper reviews the current evidence regarding the impact of aid on growth and poverty reduction, and develops a …
Persistent link: https://www.econbiz.de/10010284750
Issues related to the volatility of aid flows are now becoming crucial in view of their relevance to the achievement of the Millennium Development Goals. The paper examines aid volatility using data for 66 aid recipients over the period 1973-2002. We improve upon earlier work in this important...
Persistent link: https://www.econbiz.de/10010279284
The article focuses on the impact of aid on growth by using a new approach in the aid-effectiveness literature related … to the composition of foreign aid. We present a model of the impact of aid on growth in an aid-recipient economy to … derive a reduced-form growth equation, which is subsequently estimated by using time- series data for India over the period …
Persistent link: https://www.econbiz.de/10010784327
Our paper investigates the unexplored impact of education on inflation and of this relationship on economic growth. By … the effects of the stance of domestic monetary policy. We also show that the negative impact of inflation on growth in … findings outline a third potential role of human capital on conditional convergence. They show that education is not only a …
Persistent link: https://www.econbiz.de/10010284682
Persistent link: https://www.econbiz.de/10005031717
We look at the type of natural resource dependence and growth in developing countries. Certain natural resources called … to growth failure due to institutional failure.We present an explicit model of growth collapse with micro-foundations in … democracy, which hampers growth. The resource curse, however, is more general and not simply confined to mineral exporters. …
Persistent link: https://www.econbiz.de/10010634984
The present paper examines the impact of different aid types, namely project aid, programme aid, technical assistance and food aid on the fiscal sector of the aid-recipient economy by using time-series data for Côte d’Ivoire over the period 1975–99. Empirical results obtained by estimating...
Persistent link: https://www.econbiz.de/10010279001
The paper builds on recent empirical evidence on the importance of strategic donor behaviour in aid allocation in order to develop a theoretical model where donor pressure on a recipient for influencing the aid disbursement of a multilateral institution is endogenously determined. Our...
Persistent link: https://www.econbiz.de/10010279123
Building on recent work in the fiscal response literature, the present paper develops a new fiscal response model, which, for the first time in the relevant literature, combines the ideas of both endogenous and disaggregated aid. We endogenized aid on the grounds that the recipient government...
Persistent link: https://www.econbiz.de/10010279262