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We assemble more pieces on the puzzle of the aid-corruption nexus. In essence, we extend the debate on the effect of foreign aid on corruption by providing evidence on dynamic effects of wealth, legal origin, religious-domination, regional proximity, openness to sea, natural resources and...
Persistent link: https://www.econbiz.de/10011408498
that development assistance deteriorates economic (regulation quality and government effectiveness) and institutional … influence the election and replacement of political leaders in Africa may have insignificant results. It is time to solve the … paper extends the debate on foreign aid and institutions in Africa in the light a plethora of recent studies in the aid …
Persistent link: https://www.econbiz.de/10011409152
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/10011409169
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/10011409176
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/10011409208
This paper puts figures to the facts of Eubank (2012), a recently celebrated paper in the Journal of Development … dataset is disaggregated into fundamental characteristics of African development based on income-levels, legal origins …, natural resources and landlockeness. While the Eubank hypothesis is invalid in baseline Africa, low-income and English common …
Persistent link: https://www.econbiz.de/10011409237
This paper assesses the aid-development nexus in 52 African countries using updated data (1996-2010) and a new … indicator of human development (adjusted for inequality). The effects of Total Net Official Development Assistance (NODA), NODA … from the Development Assistance Committee (DAC) and NODA from Multilateral donors on economic prosperity (at national and …
Persistent link: https://www.econbiz.de/10011409239
academic and policy-making debates. Eubank has warned that his findings should not be generalized across Africa until they are …
Persistent link: https://www.econbiz.de/10011409242
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 African...
Persistent link: https://www.econbiz.de/10011409264
' in its current state has the shortcoming of modeling corruption as a direct effect of development assistance. This note …’s consumption expenditure increases corruption. (2) Development assistance channeled via private investment and tax effort decreases …
Persistent link: https://www.econbiz.de/10011409980