scholarly journals Foreign aid on economic growth in Africa : a comparison of low and middle-income countries

2015 ◽  
Vol 18 (4) ◽  
pp. 449-462
Author(s):  
Alemu Aye Mengistu ◽  
Lee, Jin-Sang
Keyword(s):  
Economic Growth ◽  
Foreign Aid ◽  
Middle Income ◽  
Middle Income Countries ◽  
Low And Middle Income

scholarly journals Foreign aid on economic growth in Africa: A comparison of low and middle-income countries

2015 ◽  
Vol 18 (4) ◽  
pp. 449-462 ◽  
Author(s):  
Aye Mengistu Alemu ◽  
Jin-Sang Lee
Keyword(s):  
Economic Growth ◽  
Foreign Aid ◽  
Low Income ◽  
Empirical Studies ◽  
Critical Role ◽  
Generalized Method Of Moments ◽  
African Countries ◽  
Middle Income ◽  
Middle Income Countries ◽  
Theoretical Hypothesis

Previous empirical studies on the effects of foreign aid on economic growth have generated mixed results that make it difficult to draw policy recommendations. The main reason for such mixed results is the choice of a single aggregate list of countries, regardless of the disparities in levels of development. This study therefore fills the development gap by disaggregating the African data into a panel of 20 middle- income and 19 low- income African countries over a period of 15 years between 1995 and 2010, and employing a dynamic generalized method of moments (GMM) model to address the dynamic nature of economic growth as well as the problems of endogeneity. The results of this study support the theoretical hypothesis that a positive relationship between aid and GDP growth exists, but only for low-income African countries, not middle-income ones. On the other hand, the study reveals that middle- income African countries tend to experience a greater impact on their economic growth from foreign direct investment (FDI) and natural resources revenues, mainly oil exports. This implies that the frequent criticism that foreign aid has not contributed to economic growth is flawed, at least in the case of low-income African countries. In fact, foreign aid has played a critical role in stimulating economic growth in such countries through supplementing domestic sources of finance such as savings, thus increasing the amount of investment and capital stock in them.

scholarly journals Capital account opening and economic growth——an empirical test based on systematic GMM

2021 ◽  
Vol 235 ◽  
pp. 01019
Author(s):  
Siming Jia
Keyword(s):  
Economic Growth ◽  
Empirical Test ◽  
Statistical Significance ◽  
High Income ◽  
Capital Account ◽  
Middle Income ◽  
Middle Income Countries ◽  
National Differences ◽  
The Impact ◽  
Low And Middle Income

This paper collected panel data of 74 countries from 1990 to 2017, and based on the Chinn-It index to depict the degree of capital account opening. Under the framework of the neoclassical economic growth model, the impact of capital account opening on economic growth was empirically tested by systematic GMM. The results show that: first, taking the overall capital account openness as the explanatory variable, the coefficient of the capital account openness of the whole sample is significantly positive. Further, considering the national differences found that high income countries capital account openness coefficient is significantly positive, but in low and middle-income countries capital account openness coefficient on economic and statistical significance were not significant, indicating that high income countries made open dividends, while in low and middle-income countries and earnings in the capital account liberalization. Finally, it proposes to open the capital account sub-projects step by step, strengthen prudent supervision in the process of further opening the capital account, and improve the regulatory legal system.

Foreign aid and government expansion: Evidence from low and middle income countries

2016 ◽  
Vol 50 (3) ◽  
pp. 21-33
Author(s):  
Olalekan Bashir Aworinde ◽  
Adegbemi Babatunde Onakoya
Keyword(s):  
Foreign Aid ◽  
Middle Income ◽  
Middle Income Countries ◽  
Low And Middle Income

scholarly journals Understanding Gender and Social Differentiation in the Context of Agricultural Commercialisation and Implications for Livelihoods in Rural Malawi

2021 ◽  
Author(s):  
Loveness M. Mgalamadzi ◽  
Mirriam Matita ◽  
Masautso Chimombo ◽  
Blessings Chinsinga ◽  
Ephraim Wadonda Chirwa ◽  
...  
Keyword(s):  
Economic Growth ◽  
Growth And Development ◽  
Social Issues ◽  
Social Differentiation ◽  
Social Differences ◽  
Middle Income ◽  
Economic Growth And Development ◽  
Middle Income Countries ◽  
Different Levels ◽  
Low And Middle Income

Agricultural commercialisation is widely recognised as a catalyst to economic growth and development in low and middle-income countries. This study investigates gender and social differences in agricultural commercialisation in rural Malawi. Specifically, the paper analyses different levels of agricultural commercialisation among gender and wealth categories; the specific gender and social issues that facilitate or impede agricultural commercialisation among gender and wealth categories; and their implications for commercialisation and livelihoods among gender and wealth categories.

Some Conditions for Task Shifting in Low and Middle-Income Countries

2012 ◽  
Author(s):  
Joop de Jong ◽  
Mark Jordans ◽  
Ivan Komproe ◽  
Robert Macy ◽  
Aline & Herman Ndayisaba ◽  
...  
Keyword(s):  
Task Shifting ◽  
Middle Income ◽  
Middle Income Countries ◽  
Low And Middle Income
Sign in / Sign up

Export Citation Format

Share Document