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Controversy over the aggregate impact of foreign aid has focused on reduced form estimates of the aid-growth link. The causal chain, through which aid affects developmental outcomes including growth, has received much less attention. We address this gap by: (i) specifying a structural model of...
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This paper confirms recent evidence of a positive impact of aid on growth and widens the scope of evaluation to a range of outcomes including proximate sources of growth (e.g., physical and human capital), indicators of social welfare (e.g., poverty and infant mortality), and measures of...
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relatively few linkages between MNEs and domestic firms in sub-Saharan Africa compared with Asia. However, when linkages are … present in sub-Saharan Africa, they raise the likelihood of direct knowledge/technology transfers from MNEs to domestic firms …
Persistent link: https://www.econbiz.de/10011947035
The rights-based approach to development targets progress towards the realization of 30 articles set forth in the Universal Declaration of Human Rights. Progress is frequently measured using the multidimensional poverty index. While elegant and useful, the multidimensional poverty index is in...
Persistent link: https://www.econbiz.de/10011634637
This paper puts sub-Saharan Africa's economic development into perspective. While much did not go as hoped for at … and the slow rate of employment growth. We refer to global shocks that have played a critical role in sub-Saharan Africa … requiring effective management for sub-Saharan Africa to realize its considerable development potential. …
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