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This paper examines whether foreign aid in education has a significant effect on growth. We take into consideration the … and higher education, and run separate regressions for low income and middle income countries. We find that the effect of … flows as well as the heterogeneity of recipient countries when analyzing the effect of aid on growth …
Persistent link: https://www.econbiz.de/10014051214
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We explore whether foreign aid affects developing countries' creditworthiness, as proxied by the Institutional Investor's measure of country credit risk. Based on a simple model of international borrowing and lending, we develop the hypothesis that current aid reduces the likelihood of future...
Persistent link: https://www.econbiz.de/10011397590
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We examine how foreign aid can be used to induce a recipient country to engage in trade-policy reforms. First, we develop a two-country and two-period theoretical model where the donor's promise of aid in period 2 depends on the recipient's chosen tariff in period 1. Without aid, optimal tariff...
Persistent link: https://www.econbiz.de/10014180060
There have been ongoing discussions within the WTO Doha Round on Trade Facilitation and the wider Aid for Trade agenda to assist developing countries in reducing behind-the-border restrictions and to help them benefit from trade reform. Our paper contributes to this debate by analyzing the...
Persistent link: https://www.econbiz.de/10013141347
Does official aid pave the road for private foreign investment or does it suffocate private initiative by diverting resources towards unproductive activities? In this paper we explore this question using data for a large number of developing and emerging economies. Controlling for countries'...
Persistent link: https://www.econbiz.de/10011397707
Does official aid pave the road for private foreign investment or does it suffocate private initiative by diverting resources towards unproductive activities? In this paper we explore this question using data for a large number of developing and emerging economies. Controlling for countries'...
Persistent link: https://www.econbiz.de/10014075306
about the evolution and dynamics of output growth? Largely, no. Second, the existence and magnitude of output externalities …
Persistent link: https://www.econbiz.de/10014023732
Non-Resident Fellow at CGD, tests various elements of this narrative using growth regressions. He contends that the data … do not support the view that poverty traps of zero growth or takeoffs are a widespread occurrence among low …-income countries. He argues that the divergence in growth trajectories tends to be associated with the existence of democratic …
Persistent link: https://www.econbiz.de/10014050874