Similar Search Results

Government guarantees and bank risk taking incentives

Fischer, Markus; Hainz, Christa; Rocholl, Jörg; … - 2014

This paper analyzes the effect of the removal of government guarantees on bank risk taking. We exploit the removal of guarantees for German Landesbanken which results in lower credit ratings, higher funding costs, and a loss in franchise value. This removal was announced in 2001, but...

Persistent link: https://www.econbiz.de/10010257239

Geopolitics, aid and growth

Dreher, Axel; Eichenauer, Vera; Gehring, Kai - 2013

We investigate the effects of short-term political motivations on the effectiveness of foreign aid. Donor countries …

Persistent link: https://www.econbiz.de/10009764394

Improving the availability of trade finance in developing countries : an assessment of remaining gaps

Auboin, Marc - 2016

While conditions in trade finance markets returned to normality in the main routes of trade, the structural difficulties of poor countries in accessing trade finance have not disappeared - and might have been worsened during and after the global financial crisis. In fact, there is a consistent...

Persistent link: https://www.econbiz.de/10011434595

Did Chinese outward activity attenuate or aggravate the Great Recession in developing countries?

Gawellek, Bastian; Lyu, Jingjing; Süssmuth, Bernd - 2016

Using data on Chinese large-scale overseas investment and project contracts by sector, we analyze whether Chinese outward activity (COA) before the crisis worsened or alleviated the contractionary phases in developing countries. We find that, on average, COA did not increase vulnerability to the...

Persistent link: https://www.econbiz.de/10011420791

Does development aid increase military expenditure?

Langlotz, Sarah; Potrafke, Niklas - 2016

The diversion of development aid to the recipient's military may be one explanation why aid is often found to be ineffective in promoting economic growth and development. Previous studies have not derived the causal effects of development aid on military expenditure. Using a new instrumental...

Persistent link: https://www.econbiz.de/10011539046

Fueling conflict? : (de)escalation and bilateral aid

Bluhm, Richard; Gassebner, Martin; Langlotz, Sarah; … - 2016

This paper studies the effects of bilateral foreign aid on conflict escalation and de-escalation. We make three major … estimator that allows for unobserved heterogeneity and corrects for endogeneity. Third, we identify the causal effect of foreign … recipients. We establish that the effect of foreign aid on the various transition probabilities is heterogeneous and can be …

Persistent link: https://www.econbiz.de/10011547801

First impressions : how leader changes affect bilateral aid

Rommel, Tobias; Schaudt, Paul - 2016

We present a new mechanism to explain politically induced changes in bilateral aid. We argue that shifts in the foreign … aid when political change in donor countries moves them closer to the donor’s foreign policy position. Thus, leadership … turnover in recipient and donor countries constitutes a potential breaking point in foreign relations. Otherwise …

Persistent link: https://www.econbiz.de/10011521976

The political economy of multilateral aid funds

Simon, Jenny; Valasek, Justin - 2016

In 2014 over $60 billion was mobilized to help developing nations mitigate climate change, an amount equivalent to the GDP of Kenya. Interestingly, breaking from the traditional model of bilateral aid, donor countries distributed nearly fifty percent of their aid through multilateral aid funds...

Persistent link: https://www.econbiz.de/10011452801

Are trade preferences a panacea? : the African growth and opportunity act and African exports

Fernandes, Ana Margarida; Maemir, Hibret; Mattoo, Aaditya; … - 2019

Does "infant industry" preferential access durably boost export performance? This paper exploits significant trade policy changes in the United States (US) to address this question. The expansion of Generalized System of Preferences (GSP) products for less developed countries in 1997 and the...

Persistent link: https://www.econbiz.de/10012024617

Debt relief and good governance : new evidence

Freytag, Andreas; Pettersson, Jonatan; Schmied, Julian - 2017

performance before their debts were forgiven. We discuss the hypothesis that during the follow-up, Multilateral Debt Relief …

Persistent link: https://www.econbiz.de/10011611187