In: Ekonomický časopis/Journal of Economics, vol. 57, no. 10
Menbere Workie Tiruneh
Details:
Year, pages: 2009, 980 - 999
Keywords:
foreign aid, economic growth, regional disparity, panel data
Article type: Vedecký článok / Article
About article:
This paper looks at the effects of foreign aid on alleviating regional (cross-country) income disparity. While foreign aid is designed to help countries finance the gaps between savings and investment, the results so far seem to indicate that foreign aid has not played any major role to generate accelerated economic growth and a subsequent relief in regional disparity. Nonetheless, there are cross-country and cross-regional differences when it comes to effective use of foreign aid. In this respect, while the data for emerging economies reveal some positive effects for regional growth, for most of the developing regions, foreign aid contributed little to change not only trends in regional disparity but also the overall economic landscape of the countries under investigation.
This paper looks at the effects of foreign aid on alleviating regional (cross-country) income disparity. While foreign aid is designed to help countries finance the gaps between savings and investment, the results so far seem to indicate that foreign aid has not played any major role to generate accelerated economic growth and a subsequent relief in regional disparity. Nonetheless, there are cross-country and cross-regional differences when it comes to effective use of foreign aid. In this respect, while the data for emerging economies reveal some positive effects for regional growth, for most of the developing regions, foreign aid contributed little to change not only trends in regional disparity but also the overall economic landscape of the countries under investigation.
How to cite:
ISO 690:
Workie Tiruneh, M. 2009. Efekty zahraničnej pomoci na zníženie regionálnych disparít: Prípady tranzitívnych, rozvíjajúcich sa a rozvojových ekonomík. In Ekonomický časopis/Journal of Economics, vol. 57, no.10, pp. 980-999. 0013-3035.
APA:
Workie Tiruneh, M. (2009). Efekty zahraničnej pomoci na zníženie regionálnych disparít: Prípady tranzitívnych, rozvíjajúcich sa a rozvojových ekonomík. Ekonomický časopis/Journal of Economics, 57(10), 980-999. 0013-3035.