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This survey of the state of research on relations between health and economic development discusses first research on how development affects health and then research on how health affects development. Central assumptions include: (A) Health is produced by households, along with a number of...
Persistent link: https://www.econbiz.de/10005106869
I review the literature on the effects of inequality on growth and development in the developing world. Two stylized facts emerge from empirical studies: inequality is more likely to harm growth in countries at low levels of income (below about $3200 per capita in 2000 dollars); and it is at...
Persistent link: https://www.econbiz.de/10005162630
This paper argues that regional public goods in developing countries are under-funded despite their potentially high rates of return compared to traditional country-focused investments. Regional public goods only receive about 2.0-3.5 percent out of total ODA annually according to the definition...
Persistent link: https://www.econbiz.de/10005162631
Nigeria is currently classified by the World Bank as a ‘blend’ country, making it the poorest country in the world that does not have ‘IDA-only’ status. This paper uses the World Bank’s own IDA eligibility criteria to assess whether Nigeria has a case for reclassification. Given that...
Persistent link: https://www.econbiz.de/10005162632
The implicit assumption of the donor community is that Africa is trapped by its poverty, and that aid is necessary if Africa is to escape the trap. In this note I suggest an alternative assumption: that Africa is caught in an institutional trap, signaled and reinforced by the small share of...
Persistent link: https://www.econbiz.de/10005162636
There are significant differences of opinion about the merits of additional aid in meeting the MDGs, including whether and how aid should be given in ‘fragile states’, whether additional aid on the scale envisioned can be effectively used even in well-managed economies, and whether the aid...
Persistent link: https://www.econbiz.de/10005162643
Openness is not necessarily good for the poor. Reducing trade protection has not brought growth to today’s poorest countries, and open capital markets have not been good for the poorest households in emerging market economies. In this paper I present evidence on these two points. First,...
Persistent link: https://www.econbiz.de/10005162649