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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
effectiveness in fragile states. Using data from 2002 to 2020, this paper examines the effects of education aid and health aid on … education outcomes and health outcomes in fragile states. It uses the Arellano-Bover/Blundell-Bond system generalized method of … moments estimator to examine the effect of health aid and education aid on maternal mortality and primary school completion …
Persistent link: https://www.econbiz.de/10014247656
This paper examines whether foreign aid in education has a significant effect on growth. We take into consideration the … and higher education, and run separate regressions for low income and middle income countries. We find that the effect of … flows as well as the heterogeneity of recipient countries when analyzing the effect of aid on growth …
Persistent link: https://www.econbiz.de/10014051214
The total funding envelope for World Bank projects is often divided among various state and non-state actors, each of which can have competing ideas about or interests in the project. How does the division of financing relate to overall project effectiveness? I argue that too many funding...
Persistent link: https://www.econbiz.de/10011978531
China and India increasingly provide aid and credit to developing countries. This paper explores whether India uses these financial instruments to compete for geopolitical and commercial influence with China (and vice versa). To do so, we build a new geocoded dataset of Indian...
Persistent link: https://www.econbiz.de/10012543621
China and India increasingly provide aid and credit to developing countries. This paper explores whether India uses these financial instruments to compete for geopolitical and commercial in uence with China (and vice versa). To do so, we build a new geocoded dataset of Indian government-financed...
Persistent link: https://www.econbiz.de/10012546236
China and India increasingly provide aid and credit to developing countries. This paper explores whether India uses these financial instruments to compete for geopolitical and commercial influence with China (and vice versa). To do so, we build a new geocoded dataset of Indian...
Persistent link: https://www.econbiz.de/10012819334
We explore whether foreign aid affects developing countries' creditworthiness, as proxied by the Institutional Investor's measure of country credit risk. Based on a simple model of international borrowing and lending, we develop the hypothesis that current aid reduces the likelihood of future...
Persistent link: https://www.econbiz.de/10011397590
Why would bilateral donors intermediate aid through a multilateral and not extend aid directly? This paper suggests a trade-off: multiple bilateral donors for each recipient may imply coordination and strategic problems but intermediating through a multilateral may dilute individual donor...
Persistent link: https://www.econbiz.de/10003775802
In the run up to the Hong Kong (HK) Ministerial Meeting of the World Trade Organisation (WTO), growing attention has been paid to the needs of developing countries, especially the least developed countries (LDCs) many of whom face deep and persistent poverty and indebtedness. Judging from the...
Persistent link: https://www.econbiz.de/10014059968