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The political economy dimensions of macroeconomic management of aid in Ghana

Osei, Robert Darko; Asem, Freda; Domfe, George - 2013

political economy in a way that engendered growth. Ghana provides a good case for an assessment of this question as it saw …-led growth. It also argues that aid has helped shape macroeconomic management in Ghana, identifying three channels through which … policy direction in Ghana. It concludes by arguing that the aid-induced policy has helped in the operation of a more …

Persistent link: https://www.econbiz.de/10010191181

Macroeconomic management on becoming an African oil exporter

Morrissey, Oliver; Spreng, Lars - 2020

case of Ghana and applying to Uganda as a prospective exporter. The paper proceeds in two steps. First, we construct a … Dynamic Stochastic General Equilibrium (DSGE) model of a primary commodity exporting developing country calibrated to Ghana … over 2001 to 2019 to estimate the response to oil shocks as an importer for both countries and as an exporter for Ghana …

Persistent link: https://www.econbiz.de/10012177185

Aid, debt relief and new sources of finance for meeting the millennium development goals

Addison, Tony; Mavrotas, George; McGillivray, Mark - 2005

The Millennium Development Goals (MDGs) have lofty expectations regarding the impact of official development aid. Are these expectations valid? This paper surveys the literature on aid and growth. It finds that practically all aid studies since the late 1990s conclude that aid increases economic...

Persistent link: https://www.econbiz.de/10010284599

Togo : thorny transitions and misguided aid at the roots of economic misery

Kohnert, Dirk - 2011

The parliamentary elections of October 2007, the first free Togolese elections since decades, were meant to correct at least partially the rigged presidential elections of 2005. Western donors considered it as a litmus test of despotic African regimes' propensity to change towards...

Persistent link: https://www.econbiz.de/10011334797

Is the threat of foreign aid withdrawal an effective deterrent to political oppression? : evidence from 53 African countries

Asongu, Simplice A.; Nwachukwu, Jacinta C. - 2016

This study complements existing literature on the aid-institutions nexus by focusing on political rights, aid volatilities and the post-Berlin Wall period. The findings show that while foreign aid does not have a significant effect on political rights, foreign aid volatilities do mitigate...

Persistent link: https://www.econbiz.de/10011496393

Foreign aid volatility and lifelong learning: demand-side empirics to a textual literature

Asongu, Simplice A.; Nwachukwu, Jacinta C. - 2015

Purpose- This paper has put a demand-side empirical structure to the hypothesis that foreign aid volatility adversely affects choices to lifelong learning in recipient countries Design/methodology/approach- Lifelong learning is measured as the combined knowledge acquired during primary,...

Persistent link: https://www.econbiz.de/10011408497

On the dynamic effects of foreign aid on corruption

Asongu, Simplice A. - 2015

We assemble more pieces on the puzzle of the aid-corruption nexus. In essence, we extend the debate on the effect of foreign aid on corruption by providing evidence on dynamic effects of wealth, legal origin, religious-domination, regional proximity, openness to sea, natural resources and...

Persistent link: https://www.econbiz.de/10011408498

Foreign aid and governance in Africa

Asongu, Simplice A.; Nwachukwu, Jacinta C. - 2014

Purpose - This paper investigates the effect of foreign aid on governance in order to extend the debates on foreign aid and to verify common positions from Moyo's 'Dead Aid', Collier's 'Bottom Billion' and Eubank's 'Somaliland'. The empirical evidence is based on updated data from 52 African...

Persistent link: https://www.econbiz.de/10011409152

A brief clarification to the questionable economics of foreign aid for inclusive human development

Asongu, Simplice A. - 2014

The study clarifies the questionable economics of foreign aid for inclusive human development. It investigates the effect of a plethora of foreign aid dynamics on the inequality adjusted human development index. Contemporary and non-contemporary OLS, Fixed-effects and a system GMM technique with...

Persistent link: https://www.econbiz.de/10011409176

Foreign aid and corruption : clarifying murky empirical conclusions

Efobi, Uchenna Rapuluchukwu; Beecroft, Ibukun; Asongu, … - 2014

This note reconciles an on-going debate on the effect of foreign aid on corruption by introducing a previously missing heterogeneity dimension of aid. The relationship was estimated using dynamic system GMM and quantile regressions (QR). Results show that both narratives in the debate are...

Persistent link: https://www.econbiz.de/10011409208

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