In June 2013, the High-Level Conference of Middle-Income Countries held in Costa Rica, organised by the United Nations Industrial Development Organization (UNIDO), ventured an intriguing look into the future of development. In particular, the conference highlighted the role of networks in...

The President (Nana Addo Dankwa Akufo-Addo) of the known “bellwether on the continent of Africa – Ghana in December 2017 made a profound statement “Ghana Beyond Aid” to French President Emmanuel Macron on his visit to the country. The simple elucidation of this statement is that – the...

In examining the effect of membership in the World Trade Organization (WTO) on the amounts of Aid for Trade (AfT) that accrue to developing countries, Lee et al. (2015) (The World Economy, 38, 2015 and 1462) have found that developing country members of the World Trade Organization (WTO)...

The paper develops a two-region endogenous growth model with climate change affecting the countries' capital stocks negatively. We compare two different policies aimed at supporting less developed countries: climate mitigation by developed countries, which moderates the increase in stock...

An importance source of finance for poorer economies, is foreign aid; this paper examines some controversies surrounding its provision. The advanced economies have provided hundreds of billions of dollars in aid to the developing world over the last several decades; although this has done much...

The debate by Okada & Samreth (2012, EL) and Asongu (2012, EB; 2013, EEL) on 'the effect of foreign aid on corruption' in its current state has the shortcoming of modeling corruption as a direct effect of development assistance. This note extends the debate by assessing the channels of foreign aid...

We extend the Okada & Samreth (2012, EL) and Asongu (2012, EB) debate on 'the effect of foreign aid on corruption' by: not partially negating the former's methodological underpinning (as in the latter's approach) with a unifying empirical framework and; broadening the horizon of inquiry from...

This paper assesses the aid-development nexus in 52 African countries using updated data (1996-2010) and a new indicator of human development (adjusted for inequality). The effects of Total Net Official Development Assistance (NODA), NODA from the Development Assistance Committee (DAC) and NODA...

Purpose - The purpose of this paper is to assess the aid-development nexus in 52 African countries using updated data (1996-2010) and a new indicator of human development(adjusted for inequality). Design/methodology/approach - The estimation technique used is a Two-Stage-Least Squares...

The Okada & Samreth(2012, EL) finding that aid deters corruption could have an important influence on policy and academic debates. This paper partially negates their criticism of the mainstream approach to the aid-development nexus. Using updated data(1996-2010) from 52 African countries we...