Foreign Aid and Economic Growth: The Role of Flexible Labor Supply

2003 ◽  
Author(s):  
Santanu Chatterjee ◽  
Stephen J. Turnovsky
Keyword(s):  
Economic Growth ◽  
Labor Supply ◽  
Foreign Aid ◽  
Flexible Labor

Foreign aid and economic growth: The role of flexible labor supply

2007 ◽  
Vol 84 (1) ◽  
pp. 507-533 ◽  
Author(s):  
Santanu Chatterjee ◽  
Stephen J. Turnovsky
Keyword(s):  
Economic Growth ◽  
Labor Supply ◽  
Foreign Aid ◽  
Flexible Labor

scholarly journals Foreign Aid and Economic Growth: A Panel Cointegration for Selected Turkic Republics

2016 ◽  
Vol 6 (6) ◽  
pp. 17 ◽  
Author(s):  
Hasret Balcioglu
Keyword(s):  
Economic Growth ◽  
Foreign Aid ◽  
Driving Force ◽  
Panel Cointegration ◽  
Main Role ◽  
Stake Holder ◽  
The Many

<p>The paper highlights the many needs/goals of stake holders in the organisation and closely examines the well-worn believe that the main role of managers is to motivate their subordinates. Argument was proposed as to why this view is not appropriate in today’s organisations. The driving force for most employees, whose mobility and employability has been enhanced by ICT and globalization, is the extent to which the employing organisations is able to articulate their needs and meet them. To motivate and retain the modern day workers with portable skills, and to whom career is more a lattice than a ladder, is to be able to factor their needs into the goals of the organisation. More so, organisation is not about management and employees alone. There are many other stake holders; less visible though, but very important in the need-goal constellations of the organisation. It is posited that all stake holders in the organisation need to be motivated (by identifying and meeting their needs) though in diverse ways, and that the action and inaction of one stake holder provides impetus for adequacy or shortfall in the motivation equation.</p>

scholarly journals THE ROLE OF INVESTMENT IN THE FIELD OF AGRICULTURE IN KOSOVO

2019 ◽  
Vol 31 (5) ◽  
pp. 1459-1462
Author(s):  
Adelina Gashi
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Private Sector ◽  
Foreign Aid ◽  
Significant Progress ◽  
Macroeconomic Stabilization ◽  
Negative Effect ◽  
The Stability ◽  
High Level

Kosovo has made significant progress in institutional building and macroeconomic stabilization, even though, the opportunity to meet needy people was very slow. The lack of economic development seems to have a negative effect on the stability that will push economic growth. The most urgent challenge for Kosovo authorities was to maintain macroeconomic stability and achieve economic growth, in pursuit of the reduction of the high level of unemployment. Reducing foreign aid and spills in the private sector will make it very difficult to achieve this goal. Mitigation of emigration is a very important issue for Kosovo's economy.

scholarly journals Foreign Aid, Domestic Savings and Economic Growth in Selected MENA Countries

2016 ◽  
Vol 6 (1) ◽  
pp. 352 ◽  
Author(s):  
Mahmoud Mohammed Sabra ◽  
AbdelHakeem Eltalla
Keyword(s):  
Economic Growth ◽  
Foreign Aid ◽  
System Analysis ◽  
Negative Impact ◽  
Trade Openness ◽  
Negative Relationship ◽  
Dynamic Panel Data ◽  
Mena Countries ◽  
Domestic Savings

<p class="ber"><span lang="EN-GB">Foreign aid can have either a positive or a negative impact on economic growth. The role of foreign aid in supporting growth by completing domestic savings has been a subject of substantial argument. In this study, we explore the role of foreign aid, trade openness, investment, domestic savings and economic growth in eight MENA countries (Morocco, Algeria, Egypt, Palestine, Syria, Jordan, Lebanon and Tunisia) for the period from 1977 to 2013. The estimation has been done using simultaneous equation model and dynamic panel data system analysis. A negative relationship is found between economic growth and foreign aid. The negative impact of foreign aid on economic growth could be due to presence of Dutch disease and bad policy environment. In addition, foreign aid seems to crowd out domestic savings rather than complementing it. The effects of trade openness and domestic investment on economic growth are significantly positive.</span></p>

Book Reviews

2010 ◽  
Vol 48 (4) ◽  
pp. 1041-1043
Keyword(s):  
Economic Growth ◽  
Labor Supply ◽  
Foreign Aid ◽  
Growth Model ◽  
Open Economy ◽  
Capital Accumulation ◽  
Growth Models ◽  
Small Open Economy ◽  
Basic Model ◽  
The University

Kent P. Kimbrough of Duke University reviews “Capital Accumulation and Economic Growth in a Small Open Economy” by Stephen J. Turnovsky,. The EconLit Abstract of the reviewed work begins “Investigates the process of economic growth in a small open economy and considers whether it is sensitive to the economy’s productive structure. Discusses a basic growth model with fixed labor supply; a basic growth model with endogenous labor supply; transitional dynamics and endogenous growth in one-sector models; two-sector growth models; nonscale growth models; a basic model of foreign aid; and foreign aid, capital accumulation, and economic growth--some extensions. Turnovsky is Castor Chair of Economics at the University of Washington. Index.”

scholarly journals Foreign Aid—Blessing or Curse: Evidence from Pakistan

2007 ◽  
Vol 46 (3) ◽  
pp. 215-240 ◽  
Author(s):  
Muhammad Arshad Khan ◽  
Ayaz Ahmed
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Foreign Direct Investment ◽  
Foreign Aid ◽  
Empirical Analysis ◽  
Direct Investment ◽  
Domestic Investment ◽  
Socio Economic Development ◽  
The Empirical Analysis

The role of foreign aid in promoting economic growth is a debatable issue and remains unsettled at both theoretical and empirical levels. Pakistan has received a substantial amount of foreign aid since its Independence in 1947 but little improvement has been observed in its socio-economic development. This study considers the question as to whether foreign aid is a blessing or a curse for Pakistan. The empirical analysis is based on the ARDL cointegration approach. We examine the aid-growth link at the aggregate and disaggregate levels for the period 1972-2006. The results show negative and insignificant effects of foreign aid on the growth at the aggregate as well at the disaggregate level. The findings further suggest that domestic investment, export growth, and inflows of foreign direct investment are important contributors in enhancing economic growth in Pakistan.

scholarly journals Foreign Aid—Blessing or Curse: Evidence from Pakistan

2008 ◽  
Vol 47 (3) ◽  
pp. 215-240
Author(s):  
Muhammad Arshad Khan ◽  
Ayaz Ahmed
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Foreign Direct Investment ◽  
Foreign Aid ◽  
Direct Investment ◽  
Jel Classification ◽  
Domestic Investment ◽  
Socio Economic Development ◽  
The Empirical Analysis

The role of foreign aid in promoting economic growth is a debatable issue and remains unsettled at both theoretical and empirical levels. Pakistan has received a substantial amount of foreign aid since its Independence in 1947 but little improvement has been observed in its socio-economic development. This study considers the question as to whether foreign aid is a blessing or a curse for Pakistan. The empirical analysis is based on the ARDL cointegration approach. We examine the aid-growth link at the aggregate and disaggregate levels for the period 1972-2006. The results show negative and insignificant effects of foreign aid on the growth at the aggregate as well at the disaggregate level. The findings further suggest that domestic investment, export growth, and inflows of foreign direct investment are important contributors in enhancing economic growth in Pakistan. JEL classification: C13, C22, F23, F35, O11 Keywords: Foreign Aid, Economic Growth, FDI, Cointegration

scholarly journals Foreign aid and economic growth in Nigeria: The role of institutional quality

2021 ◽  
Vol 39 (3) ◽  
Author(s):  
Adewale Samuel Hassan
Keyword(s):  
Economic Growth ◽  
Foreign Aid ◽  
Institutional Quality ◽  
Moderating Effect ◽  
Institutional Framework ◽  
Quality Of Institutions ◽  
Positive Effect

This study examined the moderating effect of institutional quality on the foreign aid-economic growth nexus in Nigeria from 1984 to 2018 through the use of Johansen and canonical cointegration regression. Findings from the study indicate that while foreign aid has a separate positive effect on economic growth, the quality of institutions in the country diminishes and leaks out this positive effect. To this end, fiscal authorities in Nigeria need to review the existing institutional framework guiding the sourcing, disbursement and utilization of foreign aid with a view to detecting any loopholes and lapses that encourage diversion of fund and institutionalized corruption which prevent it from promoting growth.

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