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A big challenge for the economic development of small island countries is dealing with external shocks. The Pacific Islands are vulnerable to natural disasters, climate change, commodity price changes, and uncertain donor grants. The question that arises is how should small developing countries...
Persistent link: https://www.econbiz.de/10012103680
Papua New Guinea (PNG) is a fragile state, vulnerable to recurrent shocks. A third wave of the COVID-19 pandemic is straining the healthcare system. Widespread vaccine hesitancy has contributed to very low uptake of the vaccines with about only 2 percent of the population fully vaccinated. Real...
Persistent link: https://www.econbiz.de/10013168920
negative virtually offsetting the positive effects of factor accumulation. Aid and remittances have negative effects and …
Persistent link: https://www.econbiz.de/10005836048
on the growth effects of overseas development aid. This paper argues that the specifications used in these works are not … depends on time as well as the aid ratio. Our empirical results show that the effect of aid on the steady state growth rate is … insignificant in the selected Pacific Island countries. These countries are of interest because they receive the largest aid in per …
Persistent link: https://www.econbiz.de/10005836524
. As a by-product of his investigation we also produce evidence on the growth performance of the area. We find a tendency …
Persistent link: https://www.econbiz.de/10011158356
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 …Recent literature has debated possible adverse impacts of aid volatility on a country's economic performance. Our paper …
Persistent link: https://www.econbiz.de/10011213003
accounted for. As a by-product of this investigation we produce up-to-date evidence on the growth performance of the area. We …
Persistent link: https://www.econbiz.de/10008625853
The literature on the effects of aid and remittances as a share of GDP on growth of the GDP per capita has placed much … emphasis on growth regressions thereby emphasising only the direct effects on growth. In order to get the total effect one has … dynamic system and run a baseline simulation. We compare several scenarios — doubling aid, cutting remittances to half, and …
Persistent link: https://www.econbiz.de/10008914076
This paper summarises research on aid allocation and effectiveness, highlighting the current findings of recent … research on aid allocation to fragile states. Fragile states are defined by the donor community as those with either critically … of research and analysis on how aid should and is being allocated across all developing countries. Various aid allocation …
Persistent link: https://www.econbiz.de/10008679656
. As a by-product of this investigation we also produce evidence on the growth performance of the area. We find a tendency …
Persistent link: https://www.econbiz.de/10009228740