Aid effectiveness: when aid spurs investment
نویسندگان
چکیده
منابع مشابه
Aid Effectiveness, Governance and Public Investment
To analyze ways in which aid can be made more effective, we develop a growth model in which aid finances infrastructure investment and pro-poor spending. We assume that the recipient countries are aid-dependent in the early phase of development and ultimately become independent. In the model, donors can accelerate the independence of a recipient from aid by investing in infrastructure. We demon...
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We examine the impact of institutional quality and social capital on aid effectiveness. We find strong evidence that social capital and institutions enhance aid effectiveness. Moreover, once we account for the role of social capital and institutions, the impact of policies tend to disappear. These findings have important policy implications as they indicate that conditioning aid allocation on ‘...
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This paper reviews both the literature on aid volatility and also adds to that literature. In general, the focus of this literature has been on the volatility of overall aid, while we focus more on the volatility of the individual aid sectors, e.g., education aid. In doing this, detailed use is made of the Creditor Reporting System (CRS) database on aid commitments and disbursements, particular...
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This short paper explores the complementarity between foreign aid and foreign direct investment (FDI). Recent studies on aid concluded that aid should come to an end or be reduced with a radical modification of the terms and conditions and FDI and trade should replace aid as the engine of development. In this paper, we argue that aid complements FDI and advances the efficacy of FDI in promoting...
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ژورنال
عنوان ژورنال: Applied Economic Analysis
سال: 2021
ISSN: 2632-7627
DOI: 10.1108/aea-08-2020-0110