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We study the role of the exchange rate regime, reserve accumulation, and sterilization policies in the macroeconomics of aid surges. Absent sterilization, a peg allows for almost full aid absorption — an increase in the current account deficit net of aid — delivering the same effects as...
Persistent link: https://www.econbiz.de/10013058433
Africa has received the greatest amount of aid and yet its effects on poverty reduction are meager, especially in the … addition to climate change risks threaten Africa's food security. Africa is also faced with an energy crisis that challenges … appropriate technology to be localized and user-friendly provide development opportunities for rural Africa where barriers to …
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Africa:High on Rhetoric, Low on Delivery? -- Ch.8:A Critical Assessment of Proposed EU-ACP Economic Partnership Agreements …
Persistent link: https://www.econbiz.de/10013042132
The authors examine the empirical evidence in support of the poverty trap view of underdevelopment. They calibrate simple aggregate growth models in which poverty traps can arise due to either low saving or low technology at low levels of development. They then use these models to assess the...
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The overall development objective of the World Bank's Multi-Country HIV/AIDS Program (MAP) for the Africa Region is to …
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outcome in Sub-Saharan Africa (SSA) does not significantly differ from health outcomes in other developing countries. We … equally reported that the effect of income per capita on health outcome in Sub-Saharan Africa countries is not significantly …
Persistent link: https://www.econbiz.de/10013179433