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The Allocation of volatile aid and economic growth: Evidence and a suggestive theory
Neanidis, Kyriakos C.; Varvarigos, Dimitrios - School of Business and Economics, Loughborough University - 2007
We present evidence on the effects of aid transfers and their degree of volatility on economic growth and show that …
Persistent link: https://www.econbiz.de/10005423031
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The relationship between aid and economic growth of developing countries : does institutional quality and economic freedom matter?
Abate, Chala Amante - In: Cogent economics & finance 10 (2022) 1, pp. 1-20
Foreign aid is an important means of finance for governments of developing countries. The current study investigates whether too much inflow of aid to developing countries is beneficial or harmful to their economy and whether institutional quality and economic freedom matters in aid–growth...
Persistent link: https://www.econbiz.de/10013460262
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Optimal Fiscal Spending and Reserve Accumulation Policies Under Volatile Aid
Moldovan, Ioana - 2019
This paper assesses the optimal setting of fiscal spending and foreign exchange rate intervention policies in response to volatile foreign aid, in a small open economy model that incorporates typical features of low-income countries. Within a class of policy rules, it jointly considers the...
Persistent link: https://www.econbiz.de/10012866907
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Aid Volatility and Structural Economic Transformation in Sub-Saharan Africa : Does Finance Matter?
Kumi, Emmanuel - 2017
its volatility on sectoral growth by relying on panel dataset of 37 sub-Saharan African (SSA) countries for the period … economic transformation, aid volatility deteriorates sectoral value additions with huge impact on the non — tradable sector and … a no apparent effect on the agricultural sector. However, the deleterious effect of aid volatility on structural …
Persistent link: https://www.econbiz.de/10012958807
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Caveat emptor : foreign aid and entrepreneurship
Ovaska, Tomi; Takashima, Ryo - In: Economies : open access journal 8 (2020) 1/4, pp. 1-13
In the last 60 years, the results of development aid have been mixed. Thus far, it has been mostly the aid recipient countries, which have been held responsible for aid’s shortcomings. That focus is misplaced, however, since the donor countries, through development aid, also export some of their...
Persistent link: https://www.econbiz.de/10012168783
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Domestic resources, governance, global links, and the economic performance of Sub-Saharan Africa
Amavilah, Voxi Heinrich - Volkswirtschaftliche Fakultät, … - 2008
This paper uses a simple production function to show that the economic performance of a group of African countries in 2007 depended on three broad sources: domestic resources, governance, and global links. The results reveal that investment plays the most important part. The effects of education...
Persistent link: https://www.econbiz.de/10005621231
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Direct & Indirect Effects of Aid Volatility on Growth: Do Stronger Institutions Play a Role?
Kathavate, Jay - Volkswirtschaftliche Fakultät, … - 2013
This paper develops a political economy model to analyze the direct and indirect effects of aid volatility on growth … and the outcome of higher institutional quality on the effect of aid volatility on growth. Using time-series cross section … data for 77 countries from 1984-2007, the effects of aid volatility on growth are empirically tested. It is concluded that …
Persistent link: https://www.econbiz.de/10011113241
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Caveat emptor: Foreign aid and entrepreneurship
Ovaska, Tomi; Takashima, Ryo - In: Economies 8 (2020) 1, pp. 1-13
In the last 60 years, the results of development aid have been mixed. Thus far, it has been mostly the aid recipient countries, which have been held responsible for aid's shortcomings. That focus is misplaced, however, since the donor countries, through development aid, also export some of their...
Persistent link: https://www.econbiz.de/10013199634
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Does aid fragmentation affect tax revenue dynamics in developing countries? : observations with new tax data
Compaoré, Ali; Tagem, Abrams M. E. - 2022
There exists a burgeoning empirical literature on the impact of aid fragmentation on development outcomes in aid-receiving countries, with it being widely recognized that aid fragmentation is deleterious. This paper adds to the existing literature by estimating the impact of aid fragmentation on...
Persistent link: https://www.econbiz.de/10013380704
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Determinants of Institutional Quality in Sub-Saharan African Countries
Siba, Eyerusalem G. - Nationalekonomiska institutionen, Handelshögskolan - 2008
In this study, a number of factors have been considered as potential determinants of institutional quality in Sub- Saharan African countries. The empirical analysis has shown that historical factors such as state legitimacy determine the quality of current institutions in the region. Foreign aid...
Persistent link: https://www.econbiz.de/10005423936