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The literature on aid and growth has not found a convincing instrumental variable to identify the causal effects of aid. This paper exploits an instrumental variable based on the fact that since 1987, eligibility for aid from the International Development Association (IDA) has been based partly...
Persistent link: https://www.econbiz.de/10012572817
Devarajan, Go, Page, Robinson, and Thierfelder argued that if aid is about the future and recipients are able to plan consumption and investment decisions optimally over time, then the potential problem of an aid-induced appreciation of the real exchange rate (Dutch disease) does not occur. In...
Persistent link: https://www.econbiz.de/10012552266
The paper investigates the effects of short-term political motivations on the effectiveness of foreign aid. Specifically, the paper tests whether the effect of aid on economic growth is reduced by the share of years a country served on the United Nations Security Council (UNSC) in the period the...
Persistent link: https://www.econbiz.de/10012570941
This study investigates the effects of the World Bank's exogenously-determined income threshold for eligibility for … the World Bank's policies and allocations across recipients as informative signals of where their own aid might be used … from other donors as well as from the World Bank, government officials in recipient countries may have an incentive to …
Persistent link: https://www.econbiz.de/10012572269
This study investigates the impact of World Bank development policy lending on the quality of economic policy. It finds … using the World Bank's Country Policy and Institutional Assessments of macro, debt, fiscal and structural policies, and … previous studies based on earlier loans are consistent with claims by the World Bank that it has learned from its mistakes with …
Persistent link: https://www.econbiz.de/10012572631
for time invariant effects that are country specific and find the results to be robust to model specifications, estimation …
Persistent link: https://www.econbiz.de/10012553812
World Trade Organization. A distinction is made between market access liberalization and the regulatory preconditions for … making national treatment the objective of World Trade Organization services negotiations, thereby clarifying the scope of … World Trade Organization commitments for regulators. Moreover, liberalization by smaller and poorer members of the World …
Persistent link: https://www.econbiz.de/10012552899
the sample and to several alternative forms of estimation. Recent studies have concluded that aid's impact on economic …
Persistent link: https://www.econbiz.de/10012572789
-that point the way to how the world could cut poverty in half in every major region. The fact that aid increases the benefits of … ratified in several recent case studies of low-income reformers). The authors find that the world is not operating on the … partnership in which "third world" countries and governments improve economic policy while "first world" citizens and governments …
Persistent link: https://www.econbiz.de/10012572793
Structural adjustment - as measured by the number of adjustment loans from the IMF, and the World Bank - reduces the …
Persistent link: https://www.econbiz.de/10012572902