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作者:Collier, P; Dollar, D
作者单位:University of Oxford; The World Bank
摘要:We suggest that the 'poverty-efficiency' aid allocation is merely a benchmark guide if a donor lacks other information about the country and also the power to change or prevail over government preferences. We argue that in most circumstances donors have only limited scope for the latter and that, while high aid dependence may reduce the fungibility problem and the use of NGOs can by-pass it altogether, such circumstances are not very common. Hence, the main reasons for departing from the bench...
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作者:Backhouse, RE
作者单位:University of Birmingham
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作者:Meghir, C
作者单位:University of London; University College London
摘要:Friedman's book on the consumption function is one of the great works of Economics demonstrating how the interplay between theoretical ideas and data analysis can lead to major policy implications. We present a short review of Friedman's permanent income hypothesis, the origins of the idea and its theoretical foundations. We give a brief over-view of its influence in modern economics and discuss some relevant empirical results and the way they relate to the original approach taken by Friedman.
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作者:Dalgaard, CJ; Hansen, H; Tarp, F
作者单位:University of Copenhagen
摘要:The present paper re-examines the effectiveness of foreign aid theoretically and empirically. Using a standard OLG model we show that aid inflows will in general affect. long-run productivity. The size and direction of the impact may depend on policies, 'deep' structural characteristics and the size of the inflow. The empirical analysis investigates these possibilities. Overall we find that aid has been effective in spurring growth, but the magnitude of the effect depends on climate-related ci...
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作者:Sena, V
作者单位:University of Leeds
摘要:It is well known that innovation is the engine that drives the growth machine of modern capitalist economies. Therefore, not surprisingly, substantial attention has been devoted by economists to the process behind the production of innovations. Three areas have recently emerged as relevant in the field. These are: the impact of spillovers on productivity; the different forms of R&D cooperation and the role of patents in fostering innovations when these are cumulative. In this paper I summarise...
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作者:Trivedi, K
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作者:Hudson, J
作者单位:University of Bath
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作者:Mosley, P; Hudson, J; Verschoor, A
作者单位:University of Sheffield; University of Bath
摘要:The paper examines the effect of aid on poverty, rather than on economic growth. We devise a 'pro-poor (public) expenditure index', and present evidence that, together with inequality and corruption, this is a key determinant of the aid's poverty leverage. After presenting empirical evidence which suggests a positive leverage of aid donors on pro-poor expenditure, we argue for the development of conditionality in a new form, which gives greater flexibility to donors in punishing slippage on pr...
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作者:Backhouse, RE
作者单位:University of Birmingham