Showing 1 - 10 of 67
The paper surveys the interactions between aid and trade, distinguishing between policies and outcomes as well as … between various instruments. It first discusses the theoretical literature, focusing on the causal impact of aid on the …
Persistent link: https://www.econbiz.de/10005504233
We construct an open economy disequilibrium model to assess the welfare effects of aid in different macroeconomic … regimes. Aid is shown to have different effects in different unemployment regimes because it increases the social costs of …
Persistent link: https://www.econbiz.de/10005661663
that they give only marginal trade preference to the CEECs. The paper also considers FDI and aid flows and argues that …
Persistent link: https://www.econbiz.de/10005662406
The paper develops the view that the perspective on the HIPC initiative is distorted by the fact that – contrary to the Brady deal itself – it lacks all perspective on the ‘market value’ of the debt which is written down. The appropriate ‘market value’ is one that takes account of...
Persistent link: https://www.econbiz.de/10005792346
Using a model of probabilistic voting, we analyse the impact of aid on the political equilibrium in the recipient … aid on the political equilibrium and therefore on the quality of the policy (using the utilitarian social welfare as a … quality by aid can help to explain the poor performance of conditionality in improving policy. Perhaps more surprising is the …
Persistent link: https://www.econbiz.de/10005124076
Where imports are financed predominantly by rents from resource extraction or aid, the revenue generated by tariffs is … illusory. Revenue earned by the tariff is offset by a reduction in the real value of aid and resource rents. Revenue is however … moved between accounts in the government budget, which, in the case of aid, may reduce the burden of donor conditionality …
Persistent link: https://www.econbiz.de/10005124094
The response of an economy to a windfall of foreign exchange (be it aid or natural resource revenues) is often …
Persistent link: https://www.econbiz.de/10008683529
public good spillovers or economies of scale, so that absent elections, voters are indifferent about the fiscal regime. The …
Persistent link: https://www.econbiz.de/10005504327
We review the efficacy of three approaches to forecasting elections: econometric models that project outcomes on the …
Persistent link: https://www.econbiz.de/10005498073
Using data from 191 Australian state elections, we test how voters respond to economic conditions. We find that …
Persistent link: https://www.econbiz.de/10004970073