Showing 1 - 10 of 1,136
Recent global initiatives on debt relief and development assistance call for increasing aid for trade to the poorest countries. The paper applies a multi-country computable general equilibrium model to measure the effectiveness of alternative aid for trade categories. The findings show that aid...
Persistent link: https://www.econbiz.de/10012975136
Is generalized debt relief an effective development strategy, or should assistance be tailored to countries' characteristics? To answer this question, the authors build a simple model in which recipient governments reveal their creditworthiness if donors offer them to choose between aid and debt...
Persistent link: https://www.econbiz.de/10012975676
This paper examines historically the World Bank's twin features: lending to developing economies to achieve tangible … large aid flows. Section 2 sketches the historical evolution of what characterizes the World Bank: lending to developing …
Persistent link: https://www.econbiz.de/10012974812
and the World Bank launched the Heavily Indebted Poor Countries Initiative in the late 1990s to reduce the debt burdens of …
Persistent link: https://www.econbiz.de/10012967484
developing world are limited. Under the baseline scenario, assuming current growth trends, the estimates show that it could take … interest rates on external debt would not bridge the widening income gap with other regions of the world, unless it is …
Persistent link: https://www.econbiz.de/10012975535
Over the past decade, donors of foreign aid quadrupled their annual contributions to trust funds at the World Bank … alignment of trust funds with the performance-based allocations of aid by the International Development Association, the World … and education aid are poverty selective and positively correlated with the World Bank's assessment of the quality of …
Persistent link: https://www.econbiz.de/10012968729
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
As the world approaches the target year of the Millennium Development Goals and passes into the new, post-2015 era, the … feasible is that? For most of the developing world, the goal seems ambitious, yet achievable -- but what about the prospects …
Persistent link: https://www.econbiz.de/10012972896
Against what standards should we judge the developing world's overall performance against poverty going forward? The … about a 1 percentage point higher growth rate for the gross domestic product of the developing world, as long as this did …
Persistent link: https://www.econbiz.de/10012974972
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