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Despite record economic growth in the decade that followed the fall of the Taliban regime, poverty remained stubbornly …
Persistent link: https://www.econbiz.de/10012019512
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 … impacts on growth through key intermediate outcomes. A coherent picture emerges: aid stimulates growth and reduces poverty …
Persistent link: https://www.econbiz.de/10009260998
Africa has come a long way since the economic turmoil of the 1980s, the decade of "structural adjustment". Growth has …
Persistent link: https://www.econbiz.de/10011396968
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 … impacts on growth through key intermediate outcomes. A coherent picture emerges: aid stimulates growth and reduces poverty …
Persistent link: https://www.econbiz.de/10013043426
Non-Resident Fellow at CGD, tests various elements of this narrative using growth regressions. He contends that the data … do not support the view that poverty traps of zero growth or takeoffs are a widespread occurrence among low …-income countries. He argues that the divergence in growth trajectories tends to be associated with the existence of democratic …
Persistent link: https://www.econbiz.de/10014050874
Most Organization for Economic Co-operation and Development countries have accepted, in principle at least, the 50-year-old commitment of contributing 0.7 per cent of gross national income to supporting the development of countries in the Global South. But what if all countries made a universal...
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