| Registro completo |
| Provedor de dados: |
AgEcon
|
| País: |
United States
|
| Título: |
THEORETICAL ANALYSIS OF FOREIGN AID, POLICIES AND STATE INSTITUTIONS
|
| Autores: |
Xayavong, Vilaphonh
Gounder, Rukmani
Obben, James
|
| Data: |
2005-10-05
|
| Ano: |
2005
|
| Palavras-chave: |
Foreign Aid
Economic Growth
Policies
State Institutions
Food Security and Poverty
D72
D9
F35
H30
|
| Resumo: |
This paper re-examines the theoretical aid-growth nexus by expounding on the issues relating to policies designed for aid delivery and the lack of aid recipient's state institutional capability to enforce policy conditionality. Two propositions have been demonstrated to explain why policy conditionality attached to aid might not always promote sustainable economic growth in Least Developed Countries. First, the model has simulated that a stable aid flow contributes to economic growth even when aid is fungible. Second, the model has also simulated that unstable aid inflow impairs the favourable effect of stable aid inflow. It is suggested that the contribution of aid to economic growth depends not only on the ability of aid to increase investment in the recipient country but also the quality of policy conditionality and the state and institutional capability of the recipient country to implement policy conditionality.
|
| Tipo: |
Working or Discussion Paper
|
| Idioma: |
Inglês
|
| Identificador: |
18041
http://purl.umn.edu/23704
|
| Editor: |
AgEcon Search
|
| Relação: |
Massey University>Department of Applied and International Economics>Discussion Papers
Discussion Paper 05.01
|
| Formato: |
25
application/pdf
|
