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An April 2015 World Bank report on the Millennium Development Goal poverty target has revealed that extreme poverty has … asymmetric development between rich and poor countries. Piketty has shown that inequality increases when the return on capital is … development increases and Africa may not catch-up with the developed world. As an ideal solution, Piketty has proposed progressive …
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The governments of many developing countries seek to attract inbound foreign direct investment (FDI) through the use of tax incentives for multinational corporations (MNCs). The effectiveness of these tax incentives depends crucially on MNCs' residence country tax regime, especially where the...
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This paper presents a theoretical gravity model of trade in which foreign aid is considered as a transfer instead of being part of the trade cost, as it has been previously done in the related literature. We argue that the usual specification leads to invalid out-of-sample predictions, biased...
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We employ interactive quantile regressions to assess conditional linkages between foreign aid, iron ore exports and terrorism from a panel of 78 developing countries for the period 1984-2008. The following main findings are established. First, it is primarily in the countries with the highest...
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Despite the widespread occurrence of humanitarian emergencies such as epidemics, earthquakes, droughts, floods and violent conflict and despite the significant financial resources devoted to humanitarian assistance, systematic learning from such interventions using rigorous theory-based impact...
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