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In this paper I investigate the effects of recent debt relief initiatives on resource flows to low-income developing countries. For countries that are part of the Heavily Indebted Poor Countries (HIPC) initiative, I find that good macroeconomic management does not influence the level of resource...
Persistent link: https://www.econbiz.de/10008493805
This paper examines whether foreign aid in education has a significant effect on growth in Sub-Saharan Africa. Our … significant effect on growth; (ii) aid in post-primary education has an adverse effect or at best no significant impact on growth …; and (iii) growth increases as aid in primary education as a share of total education aid rises. …
Persistent link: https://www.econbiz.de/10010938923
This paper examines whether foreign aid in education has a significant effect on growth in Sub-Saharan Africa. Our … significant effect on growth; (ii) aid in post-primary education has an adverse effect or at best no significant impact on growth …; and (iii) growth increases as aid in primary education as a share of total education aid rises. …
Persistent link: https://www.econbiz.de/10010941214
This paper reviews some findings by Azam and Thelen (2008, 2010, 2012) that illustrate how foreign aid is used by rich countries to purchase the services of recipient governments with a view to protect or promote their economic and political interests. In particular, these findings show that...
Persistent link: https://www.econbiz.de/10011187671
policy on education and health. The study employs panel dynamic ordinary least squares (DOLS) estimation technique and covers … the period 1980-2017. The results reveal that foreign aid augmented with effective fiscal policy on education … and consumption in West and Southern regions. Furthermore, foreign aid augmented with effective fiscal policy in education …
Persistent link: https://www.econbiz.de/10014282076
adds to this literature in three ways: First it tests the validity of the aid volatility and growth relationship from … between IDA aid volatility and growth, it isolates IDA aid volatility due to the recipient country's performance from that due … real economic growth. But the relationship is not even. It is stronger for sub-Saharan African countries than for other …
Persistent link: https://www.econbiz.de/10011213003
Using cointegration and error correction mechanism, this paper investigates the effectiveness of aid in Nepal during the period 1983-2002. Specifically, it examines the long-run relationship between aid and per capita real GDP. To address the current debate on whether aid works only in a good...
Persistent link: https://www.econbiz.de/10011213064
In this paper, we examine the aid-growth-poverty relation by using quantile regression, which enables us to estimate … the impact of growth and growth enhancing policies at different quantiles in the conditional distribution of poverty. The … quantile of the dependent variable. We find that growth in average income and other growth enhancing policies have …
Persistent link: https://www.econbiz.de/10011213202
The Pacific island countries (PICs) have been among the world’s top ten recipients of official development assistance (ODA) on a per capita basis. This paper seeks to examine the effectiveness of external aid by undertaking a panel data study covering five countries in the South Pacific,...
Persistent link: https://www.econbiz.de/10010570136
This empirical study investigates foreign aid’s effectiveness in stimulating growth by considering economic policies … with growth in a good policy environment in Sri Lanka. Regarding determinants, in terms of trade openness and budget … positively associated with aid flow. Unrest in the country and per capita growth negatively influenced aid, whereas commercial …
Persistent link: https://www.econbiz.de/10009755666