Foreign Aid and Market-Liberalizing Reform
Market-oriented economic policies have been strongly linked to faster rates of economic growth. Foreign aid is often provided in part to encourage market-oriented reforms. We analyse the impact of aid on market-liberalizing policy reform, correcting for its potential endogeneity. Results indicate that higher aid slowed reform over the 1980-2000 period, as measured by a broad index of policies. Disaggregating policy into five areas, aid is associated with slower reform in some policy areas but not in others. Disaggregating by decade, the adverse impact of aid on policy reform is much more pronounced for the 1980s than for the 1990s.
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| Format: | Journal Article biblioteca |
| Language: | EN |
| Published: |
2008
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| Subjects: | Foreign Aid F350, Formal and Informal Sectors, Shadow Economy, Institutional Arrangements O170, International Linkages to Development, Role of International Organizations O190, Fiscal and Monetary Policy in Development O230, |
| Online Access: | http://hdl.handle.net/10986/5826 |
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dig-okr-1098658262021-04-23T14:02:23Z Foreign Aid and Market-Liberalizing Reform Heckelman, Jac C. Knack, Stephen Foreign Aid F350 Formal and Informal Sectors Shadow Economy Institutional Arrangements O170 International Linkages to Development Role of International Organizations O190 Fiscal and Monetary Policy in Development O230 Market-oriented economic policies have been strongly linked to faster rates of economic growth. Foreign aid is often provided in part to encourage market-oriented reforms. We analyse the impact of aid on market-liberalizing policy reform, correcting for its potential endogeneity. Results indicate that higher aid slowed reform over the 1980-2000 period, as measured by a broad index of policies. Disaggregating policy into five areas, aid is associated with slower reform in some policy areas but not in others. Disaggregating by decade, the adverse impact of aid on policy reform is much more pronounced for the 1980s than for the 1990s. 2012-03-30T07:34:44Z 2012-03-30T07:34:44Z 2008 Journal Article Economica 00130427 http://hdl.handle.net/10986/5826 EN http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Bank Journal Article |
| institution |
Banco Mundial |
| collection |
DSpace |
| country |
Estados Unidos |
| countrycode |
US |
| component |
Bibliográfico |
| access |
En linea |
| databasecode |
dig-okr |
| tag |
biblioteca |
| region |
America del Norte |
| libraryname |
Biblioteca del Banco Mundial |
| language |
EN |
| topic |
Foreign Aid F350 Formal and Informal Sectors Shadow Economy Institutional Arrangements O170 International Linkages to Development Role of International Organizations O190 Fiscal and Monetary Policy in Development O230 Foreign Aid F350 Formal and Informal Sectors Shadow Economy Institutional Arrangements O170 International Linkages to Development Role of International Organizations O190 Fiscal and Monetary Policy in Development O230 |
| spellingShingle |
Foreign Aid F350 Formal and Informal Sectors Shadow Economy Institutional Arrangements O170 International Linkages to Development Role of International Organizations O190 Fiscal and Monetary Policy in Development O230 Foreign Aid F350 Formal and Informal Sectors Shadow Economy Institutional Arrangements O170 International Linkages to Development Role of International Organizations O190 Fiscal and Monetary Policy in Development O230 Heckelman, Jac C. Knack, Stephen Foreign Aid and Market-Liberalizing Reform |
| description |
Market-oriented economic policies have been strongly linked to faster rates of economic growth. Foreign aid is often provided in part to encourage market-oriented reforms. We analyse the impact of aid on market-liberalizing policy reform, correcting for its potential endogeneity. Results indicate that higher aid slowed reform over the 1980-2000 period, as measured by a broad index of policies. Disaggregating policy into five areas, aid is associated with slower reform in some policy areas but not in others. Disaggregating by decade, the adverse impact of aid on policy reform is much more pronounced for the 1980s than for the 1990s. |
| format |
Journal Article |
| topic_facet |
Foreign Aid F350 Formal and Informal Sectors Shadow Economy Institutional Arrangements O170 International Linkages to Development Role of International Organizations O190 Fiscal and Monetary Policy in Development O230 |
| author |
Heckelman, Jac C. Knack, Stephen |
| author_facet |
Heckelman, Jac C. Knack, Stephen |
| author_sort |
Heckelman, Jac C. |
| title |
Foreign Aid and Market-Liberalizing Reform |
| title_short |
Foreign Aid and Market-Liberalizing Reform |
| title_full |
Foreign Aid and Market-Liberalizing Reform |
| title_fullStr |
Foreign Aid and Market-Liberalizing Reform |
| title_full_unstemmed |
Foreign Aid and Market-Liberalizing Reform |
| title_sort |
foreign aid and market-liberalizing reform |
| publishDate |
2008 |
| url |
http://hdl.handle.net/10986/5826 |
| work_keys_str_mv |
AT heckelmanjacc foreignaidandmarketliberalizingreform AT knackstephen foreignaidandmarketliberalizingreform |
| _version_ |
1756571665111711744 |