Foreign Aid And Economic Growth
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Foreign Aid And Economic Growth
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Author : Janine L. Bowen
language : en
Publisher: Routledge
Release Date : 2019-05-23
Foreign Aid And Economic Growth written by Janine L. Bowen and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-05-23 with Business & Economics categories.
Published in 1998, this book provides an empirical analysis of the impact of foreign economic aid in 67 developed countries over a 19 year period. The results include the relationships between aid and growth and the implication that methodologies traditionally used have been largely responsible for inconsistent findings in the past.
The Economics Of Aid
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Author : J. M. Healey
language : en
Publisher: Taylor & Francis
Release Date : 2010-11-29
The Economics Of Aid written by J. M. Healey and has been published by Taylor & Francis this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-11-29 with Business & Economics categories.
First published in 1971, this reissue considers the main aspects of foreign aid to developing countries in terms of economic concepts and principles. The author gives an economic definition of aid and considers the motives for giving aid and the principles on which it may be allocated. He looks at the effect on the economic growth of developing countries of both the aid given and the need to repay the debt, and the effect on trade patterns and resource allocation of tying aid to one particular project, or one source of goods. While economic analysis is only a first step in providing a basis for policy decisions on foreign aid, Dr Healey shows that many issues can be clarified by looking at them from the economists’ point of view.
Sectoral Analysis Of The Impact Of Foreign Aid On Economic Growth In Ethiopia Time Series Analysis Of Agriculture Education And Health Sectors
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Author : Fikadu Goshu
language : en
Publisher: diplom.de
Release Date : 2015-02-01
Sectoral Analysis Of The Impact Of Foreign Aid On Economic Growth In Ethiopia Time Series Analysis Of Agriculture Education And Health Sectors written by Fikadu Goshu and has been published by diplom.de this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-02-01 with Political Science categories.
This study has examined sectoral analysis of the impact of foreign aid on aggregate and sectoral economic growth in Ethiopia over the period 1981 to 2012 using Multivariate Vector Auto Regression analysis. All the necessary time series tests such as stationary test, co-integration test, weak exiguity test, vector error correction, and causality test in vector error correction model and the like are conducted. The empirical result from the growth equation shows that aid has a significant positive impact on educational sector GDP growth in the long run. On the other hand, foreign aid has positive but insignificant impact on real GDP growth, agriculture GDP growth, and health sector GDP growth of Ethiopia for the period under consideration. Foreign aid is effective in enhancing economic growth at aggregate level of Ethiopia in general and education sector in particular. The result of the study reveals that there is a bi-directional causal relationship between educational GDP and educational foreign aid in Ethiopia. There is also a unidirectional causality between agricultural aid and agricultural GDP growth. However, the health sector does not show any causality with their respective sector aid. This implies that aid allocated for certain sectors is ineffective in achieving its objectives of economic growth. Therefore, aid recipient country like Ethiopia has to work how to enhance the domestic revenue raising capacity of the country which is at the heart of the mechanism to meet the capital required for the economy in times of short falls and ineffectiveness of external resources.
Foreign Aid And Development In South Korea And Africa
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Author : Kelechi A. Kalu
language : en
Publisher: Routledge
Release Date : 2021-08-15
Foreign Aid And Development In South Korea And Africa written by Kelechi A. Kalu and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-08-15 with Political Science categories.
This book compares the rapid development of South Korea over the past 70 years with selected countries in sub-Saharan Africa to assess what factors contributed to the country’s success story, and why it is that countries that were comparable in the past continue to experience challenges in achieving and sustaining economic growth. In the 1950s, South Korea’s GDP per capita was $876, roughly comparable with that of Cote d’Ivoire and somewhat below Ghana’s. The country’s subsequent transformation from a war-ravaged, international aid-dependent economy to the 13th largest economy in the world has been the focus of considerable international admiration and attention. But how was it that South Korea succeeded in multiplying its GDP per capita by a factor of 23, while other Less Developed Countries continue to experience challenges? This book compares South Korea’s politics of development and foreign assistance with that of Ghana, Nigeria, and Zambia, which were also major recipients of the U.S. aid, to investigate the specific contexts that made it possible for South Korea to achieve success. Overall, this book argues that effective state capacity in South Korea’s domestic and international politics provided an anchor for diplomatic engagement with donors and guided domestic political actors in the effective use of aid for economic development. This book will be of interest to researchers and students working on development, comparative political economy, and foreign aid, and to policy makers and practitioners looking for a greater understanding of comparative development trajectories.
The Economics Of Foreign Aid And Self Sustaining Development
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Author : Raymond F Mikesell
language : en
Publisher: Westview Press
Release Date : 1983-04-12
The Economics Of Foreign Aid And Self Sustaining Development written by Raymond F Mikesell and has been published by Westview Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1983-04-12 with Business & Economics categories.
New Perspectives On Foreign Aid And Economic Development
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Author : B. Mak Arvin
language : en
Publisher: Bloomsbury Publishing USA
Release Date : 2002-05-30
New Perspectives On Foreign Aid And Economic Development written by B. Mak Arvin and has been published by Bloomsbury Publishing USA this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002-05-30 with Business & Economics categories.
The success or failure of economic assistance programs is a shared responsibility of recipient countries and donors. The negative attitude about aid prevalent today underscores a perception the aid has failed. Critics often blame corrupt regimes, weak governments, or poor economic policies. However, the poor track record of aid is also due to donors' inability to allocate limited funds effectively and poor coordination of their aid efforts. Declining aid budgets have led to fundamental questioning of foreign aid's allocation and utility, while the apparent ineffectiveness of aid has shrunk aid budgets and turned public opinion against providing it. This edited collection containing pieces written by leading development specialists evaluates these emerging questions of allocation and efficiency. Development economists, policy makers, and development specialists will benefit from reading this work. Chapters examine the optimal and intertemporal allocation of aid, the role and accountability of NGOs in allocation, the importance of untying (a new perspective on low levels of aid), and links between the allocation pattern of donors. Additional chapters deal with the impact of aid on economic growth, democracy, wage inequality between skilled and unskilled labor, and the role of governance and institutional capacity in aid effectiveness. An effective balance between theoretical and empirical models is offered to better illustrate the issues involved.
Aid Growth And Poverty
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Author : Jonathan Glennie
language : en
Publisher: Springer
Release Date : 2016-05-30
Aid Growth And Poverty written by Jonathan Glennie and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-05-30 with Political Science categories.
The authors discuss the impact of foreign aid and tackle the question of why assessing the impact of aid is so difficult. The authors focus on peer-reviewed, cross-country studies published over the last decade and draw together some global-level assessments, considering the context and conditions under which aid might be said to ‘work’. Glennie and Sumner argue that the evidence in four areas shows signs of convergence that may have direct relevance for policy decisions on aid and for aid effectiveness discussions. These are as follows: Aid levels (meaning if aid is too low or too high); Domestic political institutions (including political stability and extent of decentralisation); Aid composition (including sectors, modalities, objectives and time horizons); and Aid volatility and fragmentation. Notably, this study finds that there is no consensus that the effectiveness of aid depends on orthodox economic policies.
Foreign Aid Allocation Governance And Economic Growth
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Author : Kamiljon T. Akramov
language : en
Publisher: University of Pennsylvania Press
Release Date : 2012-05-22
Foreign Aid Allocation Governance And Economic Growth written by Kamiljon T. Akramov and has been published by University of Pennsylvania Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-05-22 with Business & Economics categories.
How important is foreign aid in fostering economic growth in developing countries? Does it help recipient countries, hurt them, or have little effect either way? Foreign Aid Allocation, Governance, and Economic Growth investigates this issue by looking at foreign aid by sector rather than treating it as an aggregate amount. Aid can be allocated to a recipient's production sectors (such as agriculture, manufacturing, or mining), economic infrastructure (such as transport, storage, or communications networks or power generation facilities), or social sectors (such as education or healthcare). This book differentiates among various channels through which each of these three categories of foreign aid affects economic growth. The findings suggest that economic aid, including aid to production sectors and economic infrastructure, contributes to economic growth by increasing domestic investment. Aid to social sectors, however, does not appear to have a significant impact on human capital (measured by school enrollment) and economic growth. This study also assesses the degree to which the quality of democratic governance in a recipient country influences foreign aid's effectiveness and finds that democracy is no guarantee of aid effectiveness. In fact, economic aid to less democratic countries can lead to better economic growth, at least initially, provided the aid recipients secure property rights and allow capital accumulation. Although further research into the question is necessary, Foreign Aid Allocation, Governance, and Economic Growth suggests that aid targeted to increasing domestic investment might be an effective means of fostering economic growth in less developed countries.
The Economics Of Foreign Aid
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Author : Hans Eysenck
language : en
Publisher: Routledge
Release Date : 2017-07-28
The Economics Of Foreign Aid written by Hans Eysenck and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-07-28 with Business & Economics categories.
This book brings together for the first time in a single volume a complete survey of the theoretical foundations of economic aid policies and a critical analysis of aid programs and practices. The book focuses on the contributions of familiar economic growth models and other economic and social theories of development to foreign aid practices, and provides a broad and penetrating overview of the economics of foreign aid. At the macroanalytical level, the author investigates the savings constraint and the foreign exchange constraint approaches and the models employed for determining the quantity of external capital required for achieving growth goals under varying economic conditions in the recipient economies. The author examines other approaches to aid requirements (including the capital absorptive approach), analyzes debt service capacity, and reviews various debt cycle models. The nature and significance of indicators of economic performance are investigated, and both theoretical and practical policy issues relating to the employment of aid as a means of influencing domestic policies are analyzed. In his final chapter, the author applies his theoretical conclusions to the formulation of an integrated approach to foreign aid, encompassing the major foreign assistance problems faced today. A clear and comprehensive text for every student of development economics, as well as the most thorough reference of its kind for professional economists, the book, a volume in the Aldine Treatises in Modem Economics series, will be useful to all who are concerned with the analysis, development, and execution of aid programs.
The Role Of Foreign Aid In Development
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Author : Eric Jackson Labs
language : en
Publisher:
Release Date : 1997
The Role Of Foreign Aid In Development written by Eric Jackson Labs and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1997 with Developing countries categories.