The study aimed to empirically analyse GCC’s trade patterns based on the gravity model. Gravity model is derived from physics and is used to explain the bilateral flow of trade determined by GDP per capita, population, and distance. It is assumed that trade flow between the two countries is...

This paper begins with the definition, measurement, and other conceptual issues related to poverty in the developing world. It then makes an international comparison of experiences in poverty alleviation—how various countries and regions have fared in alleviating poverty before the COVID-19...

Arab oil exporting countries have been advised by the IMF to diversify their economies away from oil and that the way to do that is to adopt the ten principles of the Washington Consensus, which call for liberalization, deregulation and privatization. It is not clear how measures like these are...

This paper examines whether the federal structure of aid-receiving countries matters in explaining aid effectiveness. Following the decentralization theorem, the devolution of powers should increase aid effectiveness, since local decision-makers are better informed about local needs. At the same...

This paper compares the use of Challenge Funds by the UK's Department for International Development and Sweden's International Development Agency to address gender challenges in development. Challenges Funds are meant to bring the interests of business and donors together by stimulating...

The foreign aid landscape has undergone a paradigm shift in the last few decades, with changes in the behaviour of 'traditional' donors and a new focus on selectivity in aid disbursement, as well as 'new' donors and South-South co-operation playing an increasingly important role. Amidst these...

Recent influential studies among development economists claim that aid to developing countries is not nearly as beneficial to recipient nations as had been expected. Are these statistical analyses right? One problem is that total aid, on which most studies are based, includes two distinct kinds...

Evidence suggests that foreign aid does not promote economic growth. Institutions which promote entrepreneurship do promote growth. Understanding where these institutions come from is paramount to success. This essay analyzes and summarizes theory and evidence regarding the relationship between...

Recent influential studies among development economists claim that aid to developing countries is not nearly as beneficial to recipient nations as had been expected. Are these statistical analyses right? One problem is that total aid, on which most studies are based, includes two distinct kinds...