{[ promptMessage ]}

Bookmark it

{[ promptMessage ]}

Lecture 11 econ 313 gabe

Lecture 11 econ 313 gabe - Lecture 11 Foreign aid Readings...

Info icon This preview shows pages 1–30. Sign up to view the full content.

View Full Document Right Arrow Icon
Lecture 11: Foreign aid Readings: Todaro, Chapter 14
Image of page 1

Info icon This preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Foreign aid: 2 main questions 1. Who gives to whom? And why? Is aid solely given to reduce poverty? 1. Even if aid were given to reduce poverty, does it have an impact on poverty? Theoretically Empirically
Image of page 2
I. Determinants of aid  Two stated goals: Reduce market imperfections (international credit market) Reduce poverty by redistributing towards the poorest Developed countries promised 0.7% of GDP to be sent as foreign aid.
Image of page 3

Info icon This preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Official Development Assistance Flows of official financing administered
Image of page 4
Image of page 5

Info icon This preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Who gives foreign aid to whom and  why? Alesina, Dollar (2000) 2 questions: Is aid given for political, strategic reasons, or to reduce poverty? Does aid encourage “good” policies?
Image of page 6
Foreign aid
Image of page 7

Info icon This preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Image of page 8
Variables Openness (to trade): Sachs tariff index Democracy: score between 1 and 7 – the higher the more democratic UN friend: correlation between votes of giving and recipient country at the UN general assembly Egypt, Israel: dummy for these countries -
Image of page 9

Info icon This preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Image of page 10
Image of page 11

Info icon This preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Image of page 12
Image of page 13

Info icon This preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Image of page 14
Results Income: + (give to rich!) Openness, democracy: + UN friends: +, Egypt: +, Israel: + Years a colony: + FDI value more economic than political reasons
Image of page 15

Info icon This preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Results
Image of page 16
Results
Image of page 17

Info icon This preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Results
Image of page 18
Results
Image of page 19

Info icon This preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Results
Image of page 20
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern