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A diverse group of concerned citizens from around the world (including former government officials and leading economists) met at Columbia University on February 9 2007, under the sponsorship of the Initiative of Policy Dialogue, the Friedrich Ebert Foundation, and Erlassjahr, to consider the...
Persistent link: https://www.econbiz.de/10008478611
The paper explores the relationships between economic freedom on the one side and development aid and IMF credit as …, economic freedom, aid, and IMF credit, the paper develops a simple panel regression model to evaluate the relationship between … “economic freedom” as dependent variable and “aid” and “IMF credit” as independent variables. The estimation is based upon data …
Persistent link: https://www.econbiz.de/10005577204
The question discussed in this in this paper is whether foreign aid can help accelerate growth in African countries …. The paper reviews growth determinants and growth constraints in Africa and discusses how aid can help relieve the … constraints. Issues covered are the choice of aid modalities, donor coordination, conditionality, and international integration. A …
Persistent link: https://www.econbiz.de/10005651621
Official development assistance (grants and subsidized loans from foreign aid agencies) is the main source of external … finance in developing countries. These financial aid flows are positively correlated with the recipients' business cycles … show that donors can make an aid recipient idientify high-return projects by conditioning aid on the recipient's committing …
Persistent link: https://www.econbiz.de/10005696318
the one hand and policies responsive to the demands of peacebuilding on the other. The preferential allocation of aid to … “good performers,” in the name of maximizing its payoff in terms of economic growth, militates against aid to fragile and … conflict and build peace, but the difficulties that prompted donors to become more selective in aid allocation remain all too …
Persistent link: https://www.econbiz.de/10008670389
The global aid environment has changed profoundly over the last decade. New official and nonstate players have emerged … providing aid are being tried. This note summarizes findings presented in the authors’ 2010 publication, Delivering Aid …
Persistent link: https://www.econbiz.de/10008837678
Numerous econometric studies fail to detect a significant and robust relationship between international aid and … relation between aid and its effectiveness in a multi-sector multi-household Computable General Equilibrium (CGE … exporting sectors. While the model simulates the effects of additional aid in Zambia it can be used as a blueprint for other …
Persistent link: https://www.econbiz.de/10011048732
On the question of whether aid stimulates GDP growth, the profession provides inconclusive and often contradictory … findings. While waiting for a stronger consensus, this paper analyzes the direct effect of aid on other non-monetary dimensions … relationship between aid and social development. After controlling for per capita income, the econometric analysis suggests that …
Persistent link: https://www.econbiz.de/10011122637
The report argues that aid volatility is an important source of volatility for the poorest countries. Following a … floating grace period, which the country could draw upon when hit by a shock. The definition of a shock should include aid … uncertainty, along with others such as commodity shocks and natural disasters. The idea is calibrated to a key IMF policy …
Persistent link: https://www.econbiz.de/10004962683
An important feature of aid to developing countries is that it is given to the government. As a result aid has the … potential to affect budgetary behaviour. Although the (albeit limited) aid-growth literature has addressed the effect of aid on … policy, it has tended to neglect the effect of aid on the fiscal behaviour of governments. While fiscal response models have …
Persistent link: https://www.econbiz.de/10010295493