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Der entwicklungsökonomische Diskurs ist aktuell geprägt durch eine kontroverse Debatte zwischen Jeffrey Sachs und William Easterly. Der Beitrag rekonstruiert beide Ansätze aus ordonomischer Perspektive. Er argumentiert, dass eine auf Kooperation angelegte Semantik vergleichsweise besser...
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This survey reviews models of self-reinforcing mechanisms that cause poverty to persist. Some of them examine market … institutional failure which can, by itself, perpetuate self-reinforcing poverty. A common thread in all these mechanisms is their … reviews recent progress in the empirical poverty trap literature. …
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We develop a theoretical model of foreign aid to analyse a method of disbursement of aid which induces the recipient government to follow a more pro-poor policy than it otherwise would do. In our two-period model, aid is given in the second period and the volume of it depends on the level of...
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