Showing 1 - 10 of 44
Persistent link: https://www.econbiz.de/10005108586
Purpose – Over the last two decades global cross-border investment has increased. State-owned and managed, sovereign-wealth funds (SWFs), largely from the emerging-market economies, have started playing a decisive role in underpinning, sustaining and expanding financial globalization. This...
Persistent link: https://www.econbiz.de/10005008760
Persistent link: https://www.econbiz.de/10005316923
Purpose – The purpose of this paper is to examine the historical origins of the international goal for rich countries to devote 0.7 per cent of gross national income (GNI) to aid, in order to assess its present relevance. Design/methodology/approach – The paper reviews all the original...
Persistent link: https://www.econbiz.de/10005008754
Conventional wisdom about US foreign policy toward Africa contains two popular assumptions. First, Democrats are widely considered the party most inclined to care about Africa and the most willing to spend resources on assistance to the continent. Second, the end of the Cold War was widely...
Persistent link: https://www.econbiz.de/10005811474
The world has increasingly recognized that private capital has a vital role to play in economic development. African countries have moved to liberalize the investment environment, yet have not received much FDI. At least part of this poor performance is because of lingering skepticism toward...
Persistent link: https://www.econbiz.de/10005162672
Raising school enrollment, like economic development in general, takes a long time. This is partly because, as a mountain of empirical evidence now shows, economic conditions and slowly-changing parental education levels determine children's school enrollment to a greater degree than education...
Persistent link: https://www.econbiz.de/10005407681
Past research on aid and growth is flawed because it typically examines the impact of aggregate aid on growth over a short period, usually four years, while significant portions of aid are unlikely to affect growth in such a brief time. We divide aid into three categories: (1) emergency and...
Persistent link: https://www.econbiz.de/10005408143
We estimate the “place premiumâ€â€”the wage gain that accrues to foreign workers who arrive to work in the United States. First, we estimate the predicted, purchasing-power adjusted wages of people inside and outside the United States who are otherwise observably...
Persistent link: https://www.econbiz.de/10011139887
Labor markets are increasingly global. Overseas work can enrich households but also split them geographically, with ambiguous net effects on decisions about work, investment, and education. These net effects, and their mechanisms, are poorly understood. We study a policy discontinuity in the...
Persistent link: https://www.econbiz.de/10011105625