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least one year - have a significant negative growth effect. Post-conflict recovery of output is enhanced by aid flows but … this finding may be subject to endogeneity bias. -- Aid ; conflict ; growth …Growth rates of per capita GDP are depressed by civil conflict to a degree that reflects its severity. Only the more …
Persistent link: https://www.econbiz.de/10009129566
Africa has come a long way since the economic turmoil of the 1980s, the decade of "structural adjustment". Growth has …
Persistent link: https://www.econbiz.de/10011396968
The foreign aid landscape has undergone a paradigm shift in the last few decades, with changes in the behaviour of … 'traditional' donors and a new focus on selectivity in aid disbursement, as well as 'new' donors and South-South co …-operation playing an increasingly important role. Amidst these changes the debate over aid effectiveness rages on. What impact has aid …
Persistent link: https://www.econbiz.de/10010194863
literature has turned decidedly pessimistic with respect to the ability of foreign aid to foster economic growth. Policy … assesses the aid-growth literature with a focus on recent contributions. The aid-growth literature is then framed, for the … implications, such as the complete cessation of aid to Africa, are being drawn on the basis of fragile evidence. This paper first …
Persistent link: https://www.econbiz.de/10010323535
Controversy over the aggregate impact of foreign aid has focused on reduced form estimates of the aid-growth link. The … causal chain, through which aid affects developmental outcomes including growth, has received much less attention. We address … impacts on growth through key intermediate outcomes. A coherent picture emerges: aid stimulates growth and reduces poverty …
Persistent link: https://www.econbiz.de/10010280094
This paper confirms recent evidence of a positive impact of aid on growth and widens the scope of evaluation to a range … coherent and favorable pattern of results emerges. Aid has over the past forty years stimulated growth, promoted structural … of outcomes including proximate sources of growth (e.g., physical and human capital), indicators of social welfare (e …
Persistent link: https://www.econbiz.de/10009767897
growth when a government's institutions are poor. But poor institutions have an even more adverse effect on growth and policy … lessen growth or worsen economic policies. Good institutions also reduce the risk of wars and genocides that might otherwise … and its interaction with institutions affect economic growth. Ethnically diverse nations that want to endure in peace and …
Persistent link: https://www.econbiz.de/10014142844
A fundamental issue for economists is what determines civil conflict. One unsettled question is the relative importance … personal characteristics, country and year fixed effects, more freedom and economic growth both reduce revolutionary support …. To reduce support by the same amount requires adding 14 percentage points on to the GDP growth rate. Being Muslim in a …
Persistent link: https://www.econbiz.de/10010928706
We construct an endogenous growth model that includes a cultural variable along the dimension of individualism … innovation in an individualist culture. This cultural effect may offset the negative effects of bad institutions on growth … individualism on growth through innovation. Using genetic data as instruments for culture we provide strong evidence of a causal …
Persistent link: https://www.econbiz.de/10010274699
impact of both trends on long-run economic growth is studied, and results are discussed in light of relevant policy debate. …
Persistent link: https://www.econbiz.de/10011304117