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What happens to foreign aid when developing countries get richer?In this paper, I first show that, since the mid-1990s, many recipients of official development assistance have been experiencing sustained economic progress and that they are projected to do so. I proceed with presenting historical...
Persistent link: https://www.econbiz.de/10013085158
contrasts the relative homogeneous and heterogeneous influences of time-series panel data allows regions in the developing world …
Persistent link: https://www.econbiz.de/10013090288
Against the background of a longstanding discussion of advantages of bilateral and multilateral aid approaches the paper discusses mainly two aspects: (i) The distinction between bilateral and multilateral development cooperation is in practice often not clear. In particular, the EU aid approach...
Persistent link: https://www.econbiz.de/10013064994
Compared to foreign grants, do concessional loans from foreign governments and/or unsubsidized loans from foreign private banks lead to faster growth in developing nations? The answer has implications for aid agencies (i) in allocating a given amount of resources between grants and concessional...
Persistent link: https://www.econbiz.de/10013074055
When income is redistributed at national level, the minimum requirement is that the transfers should be progressive, that is flow from richer to poorer individuals. The same rule should hold at the global level: it is not sufficient that transfers be from a richer to a poorer country. But...
Persistent link: https://www.econbiz.de/10012733050
Persistent link: https://www.econbiz.de/10012901524
Foreign aid has been distributing for many decades with the ‘theoretical' expectation that it will work as a catalyst for development by boosting domestic savings, investment and economic activities. But in ‘practice,' foreign aid has been debated for its performance. Particularly in the...
Persistent link: https://www.econbiz.de/10012903654
This note reconciles an on-going debate on the effect of foreign aid on corruption by introducing a previously missing heterogeneity dimension of aid. The relationship was estimated using dynamic system GMM and quantile regressions (QR). Results show that both narratives in the debate are...
Persistent link: https://www.econbiz.de/10012904576
In this paper we explore the factors that determine the level at which World Bank projects are implemented. In … dataset that provides information on more than 5800 World Bank projects for the period 1995-2014, and controlling for … probability that a World Bank project will be implemented locally by 3 percent …
Persistent link: https://www.econbiz.de/10012894970
Ocean conservation and sustainable use cannot be pursued or achieved without consideration of the planetary impacts of climate change, and particularly the role of the oceans in both mitigation and adaptation. For this reason, the international community has increasingly committed to providing...
Persistent link: https://www.econbiz.de/10012938831