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This paper integrates two main strands of the aid-development nexus in assessing whether institutional thresholds … matter in the effectiveness of foreign aid on institutional development in 53 African countries over the period 1996 … greater domestic institutional development has taken place. The reverse is true instead. Government quality benefits of …
Persistent link: https://www.econbiz.de/10010696007
development matter in the impact of aid on development. In substance its object is to assess if threshold development conditions … technique enables us to investigate if the relationship between development dynamics and development assistance differs … throughout the distributions of development dynamics. Findings – Three main findings are established. (1) With slight exceptions …
Persistent link: https://www.econbiz.de/10010862077
Purpose – The purpose of this paper is to assess the aid-development nexus in 52 African countries using updated data … (1996-2010) and a new indicator of human development(adjusted for inequality). Design/methodology/approach – The estimation … that development assistance is detrimental to GDP growth, GDP per capita growth and inequality adjusted human development …
Persistent link: https://www.econbiz.de/10010862095
institutional quality such that, the institutional downside of development assistance maybe questionable when greater domestic … institutional development has taken place. Based on the hypothesis of institutional thresholds for foreign aid effectiveness, the … perilous character of development assistance to institutional quality is broadly confirmed in 53 African countries for the …
Persistent link: https://www.econbiz.de/10010840472
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/10011118303
The Okada & Samreth (2012, EL) and Asongu (2012, EB; 2013, EEL) debate on ‘the effect of foreign aid on corruption’ has had an important influence in policy and academic circles. This paper provides a unifying framework by using investment and fiscal behavior transmission channels in 53...
Persistent link: https://www.econbiz.de/10011098412
recently celebrated literature on development assistance. Overall, the findings show that the effects of foreign aid on … capacity levels; contingent on fundamental characteristics of development due to heterogeneity and; indirectly positive or …
Persistent link: https://www.econbiz.de/10011098423
that both narratives in the debate are correct, contingent on the type of development assistance. The QR results are robust …
Persistent link: https://www.econbiz.de/10011098706
that development assistance deteriorates economic (regulation quality and government effectiveness) and institutional …
Persistent link: https://www.econbiz.de/10011186561
The study clarifies the questionable economics of foreign aid for inclusive human development. It investigates the … effect of a plethora of foreign aid dynamics on the inequality adjusted human development index. Contemporary and non … the post-2015 development agenda. We also provide some recommendations for a rethinking of theories and models on which …
Persistent link: https://www.econbiz.de/10011103383