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empirical research on aid allocation by employing Poisson estimations on the determinants of the World Bank’s choice of project … locations at the district level in India. The evidence of needs-based location choices is very weak, even though World Bank … or district level. However, the World Bank prefers districts where foreign direct investors may benefit from projects …
Persistent link: https://www.econbiz.de/10009570504
. While it may not be possible for Africa to alter, for now, its position in the world system, it may nonetheless create the …
Persistent link: https://www.econbiz.de/10011794986
contrasts the relative homogeneous and heterogeneous influences of time-series panel data allows regions in the developing world …
Persistent link: https://www.econbiz.de/10013090288
The notion that foreign aid and foreign direct investment (FDI) are complementary sources of capital is conventional among governments and international cooperation agencies. This paper argues that the notion is incomplete. Within the framework of an open economy Solow model we show that the...
Persistent link: https://www.econbiz.de/10012712758
We construct a model of FDI, risk and aid, where a country loses access to FDI and aid if the country expropriates FDI. We show that: (i) The threat of expropriation leads to under-investment; (ii) The optimal level of FDI decreases as the risk of expropriation rises; and (iii) Under certain...
Persistent link: https://www.econbiz.de/10012718871
Recent data advances have opened exciting new avenues for analyzing the political economy of foreign aid. Recent papers have looked at the social, environmental or welfare implications of aid. This paper, however, combines geo-referenced data on foreign aid with a similarly coded dataset of FDI...
Persistent link: https://www.econbiz.de/10012895794
Does official aid pave the road for private foreign investment or does it suffocate private initiative by diverting resources towards unproductive activities? In this paper we explore this question using data for a large number of developing and emerging economies. Controlling for countries'...
Persistent link: https://www.econbiz.de/10014075306
Persistent link: https://www.econbiz.de/10001772578
Drawing on our recent work on local effects of Chinese development projects in Africa, this review article highlights a number of distinguishing features of Chinese aid, and discusses how these may translate into local aid impacts that differ from those of other donors. Unlike aid from other...
Persistent link: https://www.econbiz.de/10012211159
We address the question of whether foreign aid helps attract foreign direct investment (FDI). This could be achieved if well targeted aid removed critical impediments to higher FDI inflows. In particular, test the hypothesis that aid for education is an effective means to increase FDI flows to...
Persistent link: https://www.econbiz.de/10009671654