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We examine the cyclical properties of development aid using bilateral data for 22 donors and over 100 recipients during 1970?2005. We find that bilateral aid flows are on average procyclical with respect to business cycles in donor and recipient countries. However, they become countercyclical...
Persistent link: https://www.econbiz.de/10008727796
We analyze the growth impact of official development assistance to developing countries. Our approach is different from that of previous studies in two major ways. First, we disentangle the effects of two kinds of aid: developmental and non-developmental. Second, our specifications allow for the...
Persistent link: https://www.econbiz.de/10008528696
With official development assistance (ODA) set to rise as countries strive to meet the Millennium Development Goals (MDGs), aid effectiveness remains an important area of development policy. An increasing number of studies support the notion that ODA can contribute to growth in a nonlinear...
Persistent link: https://www.econbiz.de/10005605240
The article criticizes the World Bank as overy optimistic concerning its ability to raise the effectiveness of aid by …
Persistent link: https://www.econbiz.de/10005755266
Despite increases in foreign aid inflow to Haiti, the country remains one of the poorest in the world. Findings … concessional loans. Data were drawn from the World Bank, the International Monetary Fund, and the Organization for Economic …
Persistent link: https://www.econbiz.de/10011163356
The main purpose of this work is to develop a case study assessing the recent patterns and impacts of ODA (official development assistance) and DAH (development assistance for health) to Liberia on overall government spending and domestic revenue generation as well as domestic government health...
Persistent link: https://www.econbiz.de/10010775388
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Purpose – The general objective of the paper is to investigate the impact of corruption and other institutional factors … for combating it. Specifically, the study attempts to: assess whether corruption has any impact on the growth of the … growth of these economies; and investigate whether corruption in these countries exhibit the efficient grease syndrome …
Persistent link: https://www.econbiz.de/10008490614
Persistent link: https://www.econbiz.de/10005442186