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The relationship between foreign aid and the economic growth of developing countries is unquestionably an intricate one …. While a newcomer to the topic might expect to find an obvious effect of aid on growth, the overwhelming majority of the … relationship on growth, while some holds the claim that a positive relationship is attainable, yet only with sound economic …
Persistent link: https://www.econbiz.de/10013233380
Aid flows are included into the standard cross-country catch-up relation. Robustness of the result is tested by changing time periods and by adding extra variables. The main results are: Absolute convergence and absolute aid effectiveness are both rejected. While conditional convergence is...
Persistent link: https://www.econbiz.de/10014217219
This paper confirms recent evidence of a positive impact of aid on growth and widens the scope of evaluation to a range … of outcomes including proximate sources of growth (e.g., physical and human capital), indicators of social welfare (e … coherent and favorable pattern of results emerges. Aid has over the past forty years stimulated growth, promoted structural …
Persistent link: https://www.econbiz.de/10009767897
policymakers' beliefs about the impact of capital account liberalization on growth, under the 'Mundell's trilemma constraint. The …
Persistent link: https://www.econbiz.de/10010469677
Countries have employed a variety of non-pharmaceutical interventions (NPIs) in order to curtail the COVID-19 pandemic. However, the success of individual measures in reducing the number of infections remains controversial. This paper exploits a panel data set of 107 countries to estimate the...
Persistent link: https://www.econbiz.de/10013259207
The aid-growth literature has been explored using a wide range of econometric methodologies. The evidence of the … effectiveness of aid to promote economic growth is mixed, suggesting that the link between aid and growth is complex and may not be … well identified by traditional methods. We take another perspective and frame the aid-growth literature within a nonlinear …
Persistent link: https://www.econbiz.de/10010230909
It seems to be a trade-off between shadow economy restriction and macroeconomic repercussions. This view is expressed by (Era Dabla-Norris and Andrew Feltenstein, 2003) and is in agreement with the author of the present paper although approached in a different way. Author believes that present...
Persistent link: https://www.econbiz.de/10013071570
The aim of this study is to examine the effects of terrorism on economic growth experienced worldwide. More precisely … these terrorist incidents and its effects on economic growth in most countries are classified according to income groups. In … findings in the literature. Those terrorist attacks are causing a negative impact on the economic growth in most countries …
Persistent link: https://www.econbiz.de/10012952839
estimation, the paper estimates a growth model using the difference in the log of GDPC between periods t and t+1. Buttressed by … sufficient empirical evidence, the paper's findings corroborate that the Arab Spring had been negatively associated with growth …
Persistent link: https://www.econbiz.de/10011980078
In East Germany, active labour market policies (ALMPs) are used on a large scale to contain fast rising unemployment after unification. This paper evaluates the effects for participants in public employment programmes (PEPs), that are an important part of ALMPs. It focuses on individual...
Persistent link: https://www.econbiz.de/10011318148