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The article provides a broad-based overview on competing development strategies and the economic performance of developing countries, mainly since the year 2000. Four traditional mainstream development strategies are discussed (Washington Consensus, neo-liberalism, "good governance" and MDGs)...
Persistent link: https://www.econbiz.de/10011300734
In this letter I summarise the main results and contributions from my Ph.D. thesis on concentration of resources and economic development. The empirical analysis performed in the thesis, and summarised here, focuses on two mayor world trends in modern economic development, namely increasing...
Persistent link: https://www.econbiz.de/10011304117
The foreign aid landscape has undergone a paradigm shift in the last few decades, with changes in the behaviour of 'traditional' donors and a new focus on selectivity in aid disbursement, as well as 'new' donors and South-South co-operation playing an increasingly important role. Amidst these...
Persistent link: https://www.econbiz.de/10010194863
Despite substantial progress, gender gaps persist in many developing countries. Since the 1990s, a literature has emerged arguing that these gaps are not only inequitable, but also reduce economic performance. This review finds that, first, it is methodologically difficult to determine reliable...
Persistent link: https://www.econbiz.de/10011808873
This paper employs dynamic panel models; Pooled Mean Group (PMG) and Mean Group (MG) estimators to assess the growth-differential effects of Foreign Direct Investment (FDI) and Domestic Investment (DI) among 41 selected African countries from 1970 to 2017. The result of Hausman test shows that...
Persistent link: https://www.econbiz.de/10012178170
Despite substantial progress, gender gaps persist in many developing countries. Since the 1990s, a literature has emerged arguing that these gaps are not only inequitable, but also reduce economic performance. This review finds that, first, it is methodologically difficult to determine reliable...
Persistent link: https://www.econbiz.de/10011782083
The new growth literature, using both endogenous growth and neoclassical models, has generated strong claims for the effect of national policies on economic growth. Empirical work on policies and growth has tended to confirm these claims. This paper casts doubt on this claim for strong effects...
Persistent link: https://www.econbiz.de/10014023772
Although corruption has attracted researchers' attention for more than 30 years, it remains one of the most significant political challenges all countries face. Even though corruption measures have improved, they lack reliability and clarity. Two aspects of corruption are examined in this paper:...
Persistent link: https://www.econbiz.de/10014500258
The informal sector (IS) plays a significant role in developing countries viz. the provision of employment, income and supplying ignored markets. However, working and employment conditions within the sector are still poor. Its expansion and changing structures have thus drawn the attention of...
Persistent link: https://www.econbiz.de/10010293528
The article criticizes the World Bank as overy optimistic concerning its ability to raise the effectiveness of aid by concentrating aid on countries with "good" policies. It is shown that aid flows to the main recipient regions yielded the highest correlation to growth when their magnitudes...
Persistent link: https://www.econbiz.de/10010277721