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Impact of foreign aid on economic growth in Sierra Leone: Empirical analysis
Kargbo, Philip Michael - 2012
This paper examines the impact of foreign aid on economic growth in Sierra Leone, a country where an empirical … significant contribution in promoting economic growth in the country. This finding is found to be robust across approaches and … specifications. Whilst aid may have been associated with improvement in economic growth in the country, its impact during the period …
Persistent link: https://www.econbiz.de/10010333088
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Aid as a catalyst for pioneer investment
Collier, Paul - 2013
I discuss how aid can support growth in small, isolated economies. Small markets frustrate scale economies and …
Persistent link: https://www.econbiz.de/10010319804
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Size matters: The impact of aid on institutions
Bowman, Chakriya; Chand, Satish - 2007
This paper proposes that aid flowing to smaller (less populous) countries has a negative impact on the quality of institutions in terms of performance and policy as opposed to that flowing to larger countries, where evidence suggests that the impacts are positive. The analysis here suggests that...
Persistent link: https://www.econbiz.de/10010284631
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Aid and income : another time-series perspective
Lof, Matthijs; Mekasha, Tseday Jemaneh; Tarp, Finn - 2013
endogeneity problem in the aid-growth relationship. Evidence from a panel VAR model estimated on the dataset of NDHKM, suggests a …
Persistent link: https://www.econbiz.de/10009765443
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A development-focused allocation of the special drawing rights
Aryeetey, Ernest - 2004
Efforts to realize the issue of development-focused Special Drawing Rights (SDR) by the International Monetary Fund (IMF) have been on-going for many years. Recently, however, the campaign first gained a new momentum immediately after the Asian financial crises with the new liquidity problems of...
Persistent link: https://www.econbiz.de/10010279032
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Do No Harm : Aid, Weak Institutions, and the Missing Middle in Africa
Birdsall, Nancy - 2013
The implicit assumption of the donor community is that Africa is trapped by its poverty, and that aid is necessary if Africa is to escape the trap. In this working paper, CGD president Nancy Birdsall suggests an alternative assumption: that Africa is caught in an institutional trap, wherein a...
Persistent link: https://www.econbiz.de/10012711444
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The Conditionality of Financial Support by International Financial Institutions as an Instrument for Liberalization in Recipient Countries
Jovanić, Tatjana - 2021
Conditionality is a powerful instrument for stimulating reforms in recipient countries. As such, it represents an external influence to economic and legal systems of countries undergoing transition. Democratic, normative and economic conditionality influence the development of law in a...
Persistent link: https://www.econbiz.de/10013237389
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Too many cooks in the kitchen? : the division of financing in World Bank projects and project performance
Winters, Matthew S. - 2019
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
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Will HIPC matter? The debt game and donor behaviour in Africa
Birdsall, Nancy; Claessens, Stijn; Diwan, Ishac - 2002
In this paper we focus on the question: will the HIPC debt reduction programme help in the transformation of the development assistance business and change the rules of the ‘debt game’ in Africa? We concentrate on the donor and official creditor side, by exploring how the growing debt of...
Persistent link: https://www.econbiz.de/10010279105
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Additionality of debt relief and debt forgiveness, and implications for future volumes of official assistance
Ndikumana, Léonce - 2002
This paper examines the impact of debt forgiveness and debt relief on official development assistance. From the recipient side, the econometric analysis suggests that countries that received debt relief also received more aid compared to those that did not qualify for debt relief. From the donor...
Persistent link: https://www.econbiz.de/10010279315