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diminishing importance. -- Macroeconomic policy ; foreign aid ; economic growth ; investment ; savings ; inflation ; exports …This paper analyses macroeconomic aspects of exit from aid-dependence. By 'exit from aid', we mean substantial and … similar and very high degrees of dependence on international aid but followed dramatically different trajectories of aid …
Persistent link: https://www.econbiz.de/10009502923
In recent decades, Africa has received a large share of official development assistance compared to other regions of … the world. Using AidData for 2000-13, this paper examines the effects of aid to productive sectors on manufacturing growth … in Africa. Econometric results show that increased assistance to these sectors is associated with an increase in growth …
Persistent link: https://www.econbiz.de/10012887967
of the country. The model illustrates that growth in highly perishable agricultural exports, not domestic production of …
Persistent link: https://www.econbiz.de/10014053973
market on trade growth in the regions of Africa and Asia. An exclusive comparison of trade performance of the two regions … novelty, I extend the data specification of Auboin and Engemann (2014) to the interaction of export diversification and …
Persistent link: https://www.econbiz.de/10011281268
Persistent link: https://www.econbiz.de/10015045536
) development strategy and Aid for Trade (AfT ) interventions in influencing the extent of structural change in production. Based on …
Persistent link: https://www.econbiz.de/10012256013
This empirical study investigates foreign aid’s effectiveness in stimulating growth by considering economic policies … and the factors that influenced aid flow in Sri Lanka during the period of 1980-2008. For both analyses, a single …-equation instrumental variable estimation method is employed. The results derived from this study suggest that aid is positively associated …
Persistent link: https://www.econbiz.de/10009755666
This paper employs a cointegrated vector autoregressive model to assess the growth effect of aid in Uganda over the … period 1972-2008. Results show that aid in Uganda has had both direct and indirect beneficial association with growth; that … of policy, it is crucial to strengthen fiscal response to aid receipts and ensure aid funded projects are closely …
Persistent link: https://www.econbiz.de/10010187179
Foreign aid is an important means of finance for governments of developing countries. The current study investigates … whether too much inflow of aid to developing countries is beneficial or harmful to their economy and whether institutional … quality and economic freedom matters in aid–growth relationship. To this base, a panel data covering the period 2002-2019 was …
Persistent link: https://www.econbiz.de/10013460262
find that the estimated cumulative resposive of exports and per capita GDP growth to a global aid shock are strongly … exchange rates, exports and per capita GDP growth respond positively to a global aid shock. This evidence suggests that …The available evidence on the effects of aid on growth is notoriously mixed. We use a novel empirical methodology, a …
Persistent link: https://www.econbiz.de/10010247921