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Sovereign Wealth Funds and Long-Term Development Finance : Risks and Opportunities

Gelb, Alan - 2017

Sovereign wealth funds represent a large and growing pool of savings. An increasing number of these funds are owned by natural resource?exporting countries and have a variety of objectives, including intergenerational equity and macroeconomic stabilization. Traditionally, these funds have...

Persistent link: https://www.econbiz.de/10012973511

Infrastructure, Economic Growth, and Poverty : A Review

Timilsina, Govinda R. - 2020

, economic growth, and poverty alleviation. The study shows that there is no consensus among the existing studies, which are …

Persistent link: https://www.econbiz.de/10012832823

Aid for Trade, Infrastructure, and the Growth Effects of Trade Reform : Issues and Implications for Caribbean Countries

Moreira, Emmanuel Pinto - 2017

This paper examines how aid-for-trade programs can help to magnify the growth benefits that developing countries can reap from trade reform and global integration, with a special emphasis on the Caribbean region. The first part discusses various rationales for trade-related aid, viewed both as a...

Persistent link: https://www.econbiz.de/10012976597

Poverty and Policy Selectivity of World Bank Trust Funds

Eichenauer, Vera - 2017

that the cross-country allocations of aggregate trust fund aid are poverty- and policy-selective. In this respect, they are … and education aid are poverty selective and positively correlated with the World Bank's assessment of the quality of … countries'sector policies, while environmental trust funds are neither poverty selective nor correlated with the assessed …

Persistent link: https://www.econbiz.de/10012968729

Aid is Good for the Poor

Hirano, Yumeka - 2017

Aid is good for the poor. This paper uses detailed aid data spanning 60 developing countries over the past two decades to show that social aid significantly and directly benefits the poorest in society, while economic aid increases the income of the poor through growth. This new and unequivocal...

Persistent link: https://www.econbiz.de/10012972919

Implications of WTO Agreements and Unilateral Trade Policy Reforms for Poverty in Bangladesh : Short Versus Long-Run Impacts

Annabi, Nabil - 2016

The authors examine the effects of WTO agreements and domestic trade policy reforms on production, welfare, and poverty … macroeconomic effects and microeconomic effects in terms of poverty, the authors use the representative household approach with … scenario has negative implications for the overall macroeconomy, household welfare, and poverty in Bangladesh. Terms of trade …

Persistent link: https://www.econbiz.de/10012748005

Openness, Inequality, and Poverty : Endowments Matter

Gourdon, Julien - 2016

Using tariffs as a measure of openness, the authors find consistent evidence that the conditional effects of tradeliberalization on inequality are correlated with relative factor endowments. Trade liberalization is associated with increases in inequality in countries well-endowed in highly...

Persistent link: https://www.econbiz.de/10012748001

Geopolitics, Aid, and Growth : The Impact of Un Security Council Membership on the Effectiveness of Aid

Dreher, Axel - 2017

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/10012968630

Do Capital Inflows Boost Growth in Developing Countries? Evidence from Sub-Saharan Africa

Calderón, César A. - 2017

This paper examines whether domestic output growth helps attract capital inflows and, in turn, capital inflows help boost output growth in a set of 38 Sub-Saharan African countries. Using a two-step approach to address reverse causality and omitted variable issues, the paper finds that output...

Persistent link: https://www.econbiz.de/10012971630

Containing Volatility : Windfall Revenues for Resource-Rich Low-Income Countries

Dobronogov, Anton - 2017

An abundance of natural resources is both an opportunity and a challenge for developing countries. Several resource-rich, low-income countries receive amounts of foreign aid that are similar to or larger than their actual or potential revenues from natural resources. In such countries, the...

Persistent link: https://www.econbiz.de/10012973033