Die in der Coronakrise ergriffenen Maßnahmen haben in vielen Betrieben zu erheblichen Beeinträchtigungen geführt. Dies hatte vielfach eine Verschlechterung der Eigenkapitalausstattung zur Folge. Die gemeinsame Herausforderung von Politik, Finanzmärkten und Wirtschaft ist in dieser Situation...

Die in der Coronakrise ergriffenen Maßnahmen haben in vielen Betrieben zu erheblichen Beeinträchtigungen geführt. Dies hatte vielfach eine Verschlechterung der Eigenkapitalausstattung zur Folge. Die gemeinsame Herausforderung von Politik, Finanzmärkten und Wirtschaft ist in dieser Situation...

Die Corona-Pandemie und die ergriffenen Maßnahmen zur Eindämmung bedeuten erhebliche wirtschaftliche Einbußen für viele Unternehmen in Deutschland. Die durch die Corona-Krise ausgelöste Rezession dürfte mindestens so schlimm wie in der letzten Finanzkrise ausfallen. Die Politik handelte...

Die Corona-Pandemie und die ergriffenen Maßnahmen zur Eindämmung bedeuten erhebliche wirtschaftliche Einbußen für viele Unternehmen in Deutschland. Die durch die Corona-Krise ausgelöste Rezession dürfte mindestens so schlimm wie in der letzten Finanzkrise ausfallen. Die Politik handelte...

Jacqueline Best argues that the changes in International Monetary Fund, World Bank and donor policies in the 1990s, towards what some have called the "Post-Washington Consensus", were driven by an erosion of expert authority and an increasing preoccupation with policy failure. Failures such as...

Jacqueline Best argues that the changes in International Monetary Fund, World Bank and donor policies in the 1990s, towards what some have called the "Post-Washington Consensus", were driven by an erosion of expert authority and an increasing preoccupation with policy failure. Failures such as...

It is for nearly half a century that the problem of measuring efficiency of provision of assistance by more developed countries to less developed ones has been in the center of attention of economists. Notably, in the period after World War II the world has witnessed several stages (models) of...

We develop a model to analyze the macroeconomic effects of a scaling-up of aid and assess the implications of different policy responses. The model features key structural characteristics of low-income countries, including varying degrees of public investment efficiency and a learning-by-doing...

The EU transfers provided to the New Member States and candidate countries are generally viewed as having been efficiently used in promoting development in these economies. This paper examines the conditionality and institutional arrangements used to manage these transfers, and asks if there are...

ENGLISH ABSTRACT: It is a fact that development aid represents the single most important source of external finance for most developing countries. This study sought to answer an important question relating to whether aid has a positive impact on economic growth or not. There is much literature...

"In recent years, trade in Africa has assumed greater importance as a means of alleviating poverty, especially since the initiation of the Doha Round for development. At the same time, skepticism regarding the effectiveness of foreign aid has grown (Easterly 2006). Trade and aid have often been...

Drawing on a dataset suitable for macroeconomic analysis, the paper provides an overview of the magnitudes, purpose and institutional implications of EU-related transfers to and from the new member states. A rough analysis of accounting identities and first-round effects shows that EU funds may...

The purpose of this thesis is to examine the impact of International Monetary Fund (IMF) loans since the adoption of the governance mandate on overall government capability. The study will explore whether the presence of IMF loans in developing countries enhances state capacity. Administrative...

Debt relief and the scaling up of aid to low-income countries should allow for greater fiscal space for expenditure programs to create long-term growth and lower poverty rates. But designing a suitable medium-term fiscal framework that fosters a sustainable delivery of better public services and...

This 2005 Article IV Consultation for Vietnam reports that high credit growth in the context of weak bank balance sheets remains a cause for concern. The overall fiscal deficit narrowed from 7.2 percent of GDP in 2003 to 4½ percent of GDP in 2004, but a growing program of off-budget...

The report assesses the Ex Post Assessment of Longer-Term Program Engagement. It reviews the success of the Poverty Reduction and Growth Facility (PRGF) program in achieving rapid growth, low inflation, and a comfortable external position. It highlights that the design of the programs has been...

"In 2000, the Nicaraguan government implemented a conditional cash transfer program designed to improve the nutritional, health, and educational status of poor households, and thereby to reduce short- and long-term poverty. Based on the Mexican government's successful PROGRESA program,...

Per daugelį Europos integracijos ir plėtros metų Europos Sąjunga išsivystė į heterogonišką valstybių grupę, kurioms būdingi dideli regioniniai skirtumai. Išryškėję regionų ekonominio išsivystymo skirtumai tiek pačiose valstybėse narėse, tiek tarp valstybių narių,...

This report focuses on the indirect and direct effects of transfer programs. In particular, it shows how modelling results can be combined with information from standard household surveys to provide an integrated analysis of the direct distributional impact of such programs and the indirect...

Understanding of the domestic political environment is key to building broad country ownership and the successful implementation of reform programs supported by international financial institutions (IFIs). But recipient countries are not unitary actors: policymakers are influenced by special...

This paper assesses the impact of Japan's ODA on Philippine saving and growth over the period of 1956-95 using regression and simulation methods. The approach taken here reflects a deliberate attempt to correct for specific weaknesses in the existing literature on economic assistance and its...

"This research report on India addresses an important policy issue faced by policy-makers in many developing countries: how to allocate public funds more efficiently in order to achieve both growth and poverty-reduction goals in rural areas. This research is particularly important at a time when...

In recent years, a large and expanding literature has examined the properties of developing economies with regard to the macroeconomic cycle.1 One such property that is characteristic of developing economies is large fluctuations in consumption. Meanwhile, aid for the low income countries is...

Asia's economic crisis continues to reverberate globally, demonstrating the pivotal place of developing countries in world trade. It is now well established, if counterintuitive, that broad-based agricultural growth in developing countries boosts their agricultural imports. Aid can play a...

Thailand's economic cooperation with neighboring countries, including not only trade and investment but also economic assistance, is tied inseparably to regional development within Thailand. Assistance to develop infrastructure along economic corridors, for example, promotes Thai regional...