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Low growth equilibria with low investment in human capital generally tend to persist till an external shock affects the economy. In this paper we use data on Christian missions to proxy a long-lasting educational shock in Africa. We estimate the effect of this shock on the quality of children...
Persistent link: https://www.econbiz.de/10010406713
out of a development trap. …
Persistent link: https://www.econbiz.de/10011559589
Conventional wisdom about the relationship between income distribution and economic development has been subjected to … for economic development, the Neoclassical paradigm, which had subsequently dominated the field of macroeconomics …
Persistent link: https://www.econbiz.de/10010284077
Since its implementation in 1990 the human development index (HDI), the flagship indicator of multidimensional … development, has attracted a great deal of attention and critics in academic, political and media circles. It initiated a new … stage in the discussion of appropriate indicators to measure socioeconomic development. Until now, the vast majority of …
Persistent link: https://www.econbiz.de/10010312225
out of a development trap. …
Persistent link: https://www.econbiz.de/10011528105
Education as a tool in the fight against corruption has been subject to much debate in academic and policy making … learning and synergy effects. Four main findings are established. First, education is a powerful tool in the fight against … corruption. Second, there is evidence of an incremental effect in the transition from secondary to tertiary education. Third …
Persistent link: https://www.econbiz.de/10011407931
conditions for sustained economic growth and development by deepening democracy, enhancing the stability of political regimes and …
Persistent link: https://www.econbiz.de/10011794986
We argue that the partition of ethnic groups following the Scramble for Africa does not itself matter for development … a ect development. Furthermore, the analysis of data from the Afrobarometer shows that the persistence of informal … partitioned group a ects development …
Persistent link: https://www.econbiz.de/10010335922
dynamics on inequality adjusted human development. Contemporary and non-contemporary OLS, Fixed-effects and a system GMM … implications are discussed in the light of the post-2015 development agenda. We also provide some recommendations for a rethinking … of theories and models on which development assistance is based. …
Persistent link: https://www.econbiz.de/10011596335
The paper provides theoretical and empirical justifications for the instrumentality of foreign aid in stimulating private investment and fixed capital formation through fiscal policy mechanisms. We propose an endogenous growth theory based on an extension of Barro (1990) by postulating that the...
Persistent link: https://www.econbiz.de/10011596336