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The recent spikes of global food prices induced a rapid increase in mass media coverage, public policy attention, and donor funding for food security, and for agriculture and rural poverty. This has occurred while the shift from "low" to "high" food prices has induced a shift in (demographic or...
Persistent link: https://www.econbiz.de/10010397136
This paper examines several indicators of effective development aid, focusing on the contributions of major bilateral donors. The empirical analyses of selectivity for effective aid delivery revealed that, taking a long-term and regional perspective, some major donors including Japan have been...
Persistent link: https://www.econbiz.de/10010397213
Latin American has the longest history of regional integration efforts in the developing world. This paper analyzes the experience of regional monetary cooperation in Latin America over the past three decades. This experience has been overall successful but also uneven, both in terms of country...
Persistent link: https://www.econbiz.de/10010397324
The Asian Development Bank (ADB) has long addressed ways to reduce poverty in its operations and has now established poverty reduction as its overarching objective. The intensified focus on poverty reduction needs to be addressed in conjunction with questions in development that remain on the...
Persistent link: https://www.econbiz.de/10010507147
Persistent link: https://www.econbiz.de/10010527587
In this paper, we use a mixed-effects trade gravity model on a sample of 83 developing countries over the period 1990-2007 to assess the impact of trade finance and foreign aid on bilateral export flows. In addition to traditional variables, we also include a banking crises variable and a global...
Persistent link: https://www.econbiz.de/10011382907
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/10011430042
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/10011430049
In the 1990s, the CIS region experienced a painful transformation following the collapse of the USSR and the command economy. For the less developed republics of the former USSR, this process was even more dramatic as they lost subsidies from the Union's budget and some of them suffered...
Persistent link: https://www.econbiz.de/10011430819
The quality of governance and institutions is increasingly seen as a fundamental factor in shaping the development prospects of poor countries. As a consequence, donor agencies have increasingly allocated resources to providing technical assistance for improving governance standards in such...
Persistent link: https://www.econbiz.de/10012004304