Author: Ibrahim Elbadawi
Publisher: World Bank Publications
ISBN:
Category : Absorptive Capacities
Languages : en
Pages : 44
Book Description
Post-conflict countries receive substantial aid flows after the start of peace. While post-conflict countries' capacity to absorb aid (that is, the quality of their policies and institutions) is built up only gradually after the onset of peace, the evidence suggests that aid tends to peak immediately after peace is attained and decline thereafter. Aid composition broadly reflects post-conflict priorities, with large parts of aid financing social expenditure and infrastructure investment. Aid has significant short-term effects on the real exchange rate (RER), as inferred from the behavior of RER in the world. While moderate RER overvaluation is observed in post-conflicts, it cannot be traced down to the aid flows. The empirical evidence on world growth reveals new findings about the pattern of catch-up growth during post-conflicts and the role of key growth determinants on post-conflict growth. Aid is an important determinant of growth, both generally and more strongly during post-conflict periods. Because RER misalignment reduces growth, RER overvaluation during post-conflicts reduces catch-up growth. Aid and RER overvaluation combined also lower growth. But the negative growth effect of RER overvaluation declines with financial development.
Post-conflict Aid, Real Exchange Rate Adjustment, and Catch-up Growth
Author: Ibrahim Elbadawi
Publisher: World Bank Publications
ISBN:
Category : Absorptive Capacities
Languages : en
Pages : 44
Book Description
Post-conflict countries receive substantial aid flows after the start of peace. While post-conflict countries' capacity to absorb aid (that is, the quality of their policies and institutions) is built up only gradually after the onset of peace, the evidence suggests that aid tends to peak immediately after peace is attained and decline thereafter. Aid composition broadly reflects post-conflict priorities, with large parts of aid financing social expenditure and infrastructure investment. Aid has significant short-term effects on the real exchange rate (RER), as inferred from the behavior of RER in the world. While moderate RER overvaluation is observed in post-conflicts, it cannot be traced down to the aid flows. The empirical evidence on world growth reveals new findings about the pattern of catch-up growth during post-conflicts and the role of key growth determinants on post-conflict growth. Aid is an important determinant of growth, both generally and more strongly during post-conflict periods. Because RER misalignment reduces growth, RER overvaluation during post-conflicts reduces catch-up growth. Aid and RER overvaluation combined also lower growth. But the negative growth effect of RER overvaluation declines with financial development.
Publisher: World Bank Publications
ISBN:
Category : Absorptive Capacities
Languages : en
Pages : 44
Book Description
Post-conflict countries receive substantial aid flows after the start of peace. While post-conflict countries' capacity to absorb aid (that is, the quality of their policies and institutions) is built up only gradually after the onset of peace, the evidence suggests that aid tends to peak immediately after peace is attained and decline thereafter. Aid composition broadly reflects post-conflict priorities, with large parts of aid financing social expenditure and infrastructure investment. Aid has significant short-term effects on the real exchange rate (RER), as inferred from the behavior of RER in the world. While moderate RER overvaluation is observed in post-conflicts, it cannot be traced down to the aid flows. The empirical evidence on world growth reveals new findings about the pattern of catch-up growth during post-conflicts and the role of key growth determinants on post-conflict growth. Aid is an important determinant of growth, both generally and more strongly during post-conflict periods. Because RER misalignment reduces growth, RER overvaluation during post-conflicts reduces catch-up growth. Aid and RER overvaluation combined also lower growth. But the negative growth effect of RER overvaluation declines with financial development.
Post-conflict Aid, Real Exchange Rate Adjustment, and Catch-up Growth
Author: Ibrahim Elbadawi
Publisher:
ISBN:
Category : Economic assistance
Languages : en
Pages : 52
Book Description
Post-conflict countries receive substantial aid flows after the start of peace. While post-conflict countries' capacity to absorb aid (that is, the quality of their policies and institutions) is built up only gradually after the onset of peace, the evidence suggests that aid tends to peak immediately after peace is attained and decline thereafter. Aid composition broadly reflects post-conflict priorities, with large parts of aid financing social expenditure and infrastructure investment. Aid has significant short-term effects on the real exchange rate (RER), as inferred from the behavior of RER in the world. While moderate RER overvaluation is observed in post-conflicts, it cannot be traced down to the aid flows. The empirical evidence on world growth reveals new findings about the pattern of catch-up growth during post-conflicts and the role of key growth determinants on post-conflict growth. Aid is an important determinant of growth, both generally and more strongly during post-conflict periods. Because RER misalignment reduces growth, RER overvaluation during post-conflicts reduces catch-up growth. Aid and RER overvaluation combined also lower growth. But the negative growth effect of RER overvaluation declines with financial development.
Publisher:
ISBN:
Category : Economic assistance
Languages : en
Pages : 52
Book Description
Post-conflict countries receive substantial aid flows after the start of peace. While post-conflict countries' capacity to absorb aid (that is, the quality of their policies and institutions) is built up only gradually after the onset of peace, the evidence suggests that aid tends to peak immediately after peace is attained and decline thereafter. Aid composition broadly reflects post-conflict priorities, with large parts of aid financing social expenditure and infrastructure investment. Aid has significant short-term effects on the real exchange rate (RER), as inferred from the behavior of RER in the world. While moderate RER overvaluation is observed in post-conflicts, it cannot be traced down to the aid flows. The empirical evidence on world growth reveals new findings about the pattern of catch-up growth during post-conflicts and the role of key growth determinants on post-conflict growth. Aid is an important determinant of growth, both generally and more strongly during post-conflict periods. Because RER misalignment reduces growth, RER overvaluation during post-conflicts reduces catch-up growth. Aid and RER overvaluation combined also lower growth. But the negative growth effect of RER overvaluation declines with financial development.
The World Bank Research Program, 2005-2007
Author:
Publisher: World Bank Publications
ISBN: 0821374060
Category : Business & Economics
Languages : en
Pages : 286
Book Description
This pocket-sized reference on key environmental data for over 200 countries includes key indicators on agriculture, forestry, biodiversity, energy, emission and pollution, and water and sanitation. The volume helps establish a sound base of information to help set priorities and measure progress toward environmental sustainability goals.
Publisher: World Bank Publications
ISBN: 0821374060
Category : Business & Economics
Languages : en
Pages : 286
Book Description
This pocket-sized reference on key environmental data for over 200 countries includes key indicators on agriculture, forestry, biodiversity, energy, emission and pollution, and water and sanitation. The volume helps establish a sound base of information to help set priorities and measure progress toward environmental sustainability goals.
Aid, Policy, and Growth in Post-conflict Societies
Author: Paul Collier
Publisher: World Bank Publications
ISBN:
Category : Civil war
Languages : en
Pages : 32
Book Description
Countries emerging from civil war attract both aid and policy advice. This paper provides the first systematic empirical analysis of aid and policy reform in the post-conflict growth process. It is based on a comprehensive data set of large civil wars and covers 27 countries that were in their first decade of post-conflict economic recovery during the 1990s. The authors first investigate whether the absorptive capacity for aid is systematically different in post-conflict countries. They find that during the first three post-conflict years, absorptive capacity is no greater than normal, but that in the rest of the first decade it is approximately double its normal level. So ideally, aid should phase in during the decade. Historically, aid has not, on average, been higher in post-conflict societies, and it has tended to taper out over the course of the decade. The authors then investigate whether the contribution of policy to growth is systematically different in post-conflict countries, and in particular, whether particular components of policy are differentially important. For this they use the World Bank policy rating database. The authors find that growth is more sensitive to policy in post-conflict societies. Comparing the efficacy of different policies, they find that social policies are differentially important relative to macroeconomic policies. However, historically, this does not appear to have been how policy reform has been prioritized in post-conflict societies.
Publisher: World Bank Publications
ISBN:
Category : Civil war
Languages : en
Pages : 32
Book Description
Countries emerging from civil war attract both aid and policy advice. This paper provides the first systematic empirical analysis of aid and policy reform in the post-conflict growth process. It is based on a comprehensive data set of large civil wars and covers 27 countries that were in their first decade of post-conflict economic recovery during the 1990s. The authors first investigate whether the absorptive capacity for aid is systematically different in post-conflict countries. They find that during the first three post-conflict years, absorptive capacity is no greater than normal, but that in the rest of the first decade it is approximately double its normal level. So ideally, aid should phase in during the decade. Historically, aid has not, on average, been higher in post-conflict societies, and it has tended to taper out over the course of the decade. The authors then investigate whether the contribution of policy to growth is systematically different in post-conflict countries, and in particular, whether particular components of policy are differentially important. For this they use the World Bank policy rating database. The authors find that growth is more sensitive to policy in post-conflict societies. Comparing the efficacy of different policies, they find that social policies are differentially important relative to macroeconomic policies. However, historically, this does not appear to have been how policy reform has been prioritized in post-conflict societies.
People, Aid and Institutions in Socio-economic Recovery
Author: Dorothea Hilhorst
Publisher: Routledge
ISBN: 1317428056
Category : Business & Economics
Languages : en
Pages : 243
Book Description
An estimated 2 billion people live in countries affected by fragility, conflict and violence. Extreme poverty is increasingly concentrated in these areas, and governments and international agencies seek avenues to enable socio-economic recovery and to support people as they try to rebuild their lives and livelihoods. People, Aid and Institutions in Socio-economic Recovery: Facing Fragilities provides an in-depth understanding of people’s strategies in the face of conflict and disaster-related fragility and examines how policies and aid interventions enable their socio-economic recovery – or fail to do so. Through field-based research, the book captures the complex and unfolding realities on the ground, exploring the interfaces between economic, social and institutional change. This provides a rich and unique vantage point from which to reflect on the impact of recovery policies. The book provides a set of cross-cutting findings that aim to inform policy and practice. The detailed case studies of the book lay bare key dynamics of recovery. Set against the findings from two chapters that review the literature, the cases provide evidence-based lessons for socio-economic recovery. The chapters combine qualitative and quantitative methodologies and form a valuable resource to researchers and postgraduate students of disaster management, conflict, humanitarian aid and social reconstruction, and development management.
Publisher: Routledge
ISBN: 1317428056
Category : Business & Economics
Languages : en
Pages : 243
Book Description
An estimated 2 billion people live in countries affected by fragility, conflict and violence. Extreme poverty is increasingly concentrated in these areas, and governments and international agencies seek avenues to enable socio-economic recovery and to support people as they try to rebuild their lives and livelihoods. People, Aid and Institutions in Socio-economic Recovery: Facing Fragilities provides an in-depth understanding of people’s strategies in the face of conflict and disaster-related fragility and examines how policies and aid interventions enable their socio-economic recovery – or fail to do so. Through field-based research, the book captures the complex and unfolding realities on the ground, exploring the interfaces between economic, social and institutional change. This provides a rich and unique vantage point from which to reflect on the impact of recovery policies. The book provides a set of cross-cutting findings that aim to inform policy and practice. The detailed case studies of the book lay bare key dynamics of recovery. Set against the findings from two chapters that review the literature, the cases provide evidence-based lessons for socio-economic recovery. The chapters combine qualitative and quantitative methodologies and form a valuable resource to researchers and postgraduate students of disaster management, conflict, humanitarian aid and social reconstruction, and development management.
Index to International Statistics
The Economic Impact of Conflicts and the Refugee Crisis in the Middle East and North Africa
Author: Mr.Bjoern Rother
Publisher: International Monetary Fund
ISBN: 1475535783
Category : Social Science
Languages : en
Pages : 43
Book Description
In recent decades, the Middle East and North Africa region (MENA) has experienced more frequent and severe conflicts than in any other region of the world, exacting a devastating human toll. The region now faces unprecedented challenges, including the emergence of violent non-state actors, significant destruction, and a refugee crisis bigger than any since World War II. This paper raises awareness of the economic costs of conflicts on the countries directly involved and on their neighbors. It argues that appropriate macroeconomic policies can help mitigate the impact of conflicts in the short term, and that fostering higher and more inclusive growth can help address some of the root causes of conflicts over the long term. The paper also highlights the crucial role of external partners, including the IMF, in helping MENA countries tackle these challenges.
Publisher: International Monetary Fund
ISBN: 1475535783
Category : Social Science
Languages : en
Pages : 43
Book Description
In recent decades, the Middle East and North Africa region (MENA) has experienced more frequent and severe conflicts than in any other region of the world, exacting a devastating human toll. The region now faces unprecedented challenges, including the emergence of violent non-state actors, significant destruction, and a refugee crisis bigger than any since World War II. This paper raises awareness of the economic costs of conflicts on the countries directly involved and on their neighbors. It argues that appropriate macroeconomic policies can help mitigate the impact of conflicts in the short term, and that fostering higher and more inclusive growth can help address some of the root causes of conflicts over the long term. The paper also highlights the crucial role of external partners, including the IMF, in helping MENA countries tackle these challenges.
Conflict and Fragility Resource Flows to Fragile and Conflict-Affected States
Author: OECD
Publisher: OECD Publishing
ISBN: 9264092196
Category :
Languages : en
Pages : 194
Book Description
This report serves as a tool to better monitor the levels, timing and composition of resource flows to fragile states, and presents salient facts on aid flows to fragile states, the impact on fragile states of the three crises and the need for a whole-of-government response.
Publisher: OECD Publishing
ISBN: 9264092196
Category :
Languages : en
Pages : 194
Book Description
This report serves as a tool to better monitor the levels, timing and composition of resource flows to fragile states, and presents salient facts on aid flows to fragile states, the impact on fragile states of the three crises and the need for a whole-of-government response.
Fragile States
Author: Wim Naudé
Publisher: Oxford University Press
ISBN: 0199693153
Category : Business & Economics
Languages : en
Pages : 232
Book Description
Fragile states are often mired in civil conflict. This volume focuses on the relationship between conflict and state stability and illustrates the causes and effects of fragile states on neighbouring countries and the global community.
Publisher: Oxford University Press
ISBN: 0199693153
Category : Business & Economics
Languages : en
Pages : 232
Book Description
Fragile states are often mired in civil conflict. This volume focuses on the relationship between conflict and state stability and illustrates the causes and effects of fragile states on neighbouring countries and the global community.
Political Leadership, Conflict, and the Prospects for Constitutional Peace
Author: Colin Jennings
Publisher:
ISBN:
Category : Constitutional conventions
Languages : en
Pages : 24
Book Description
The emphasis on constitutional political economy has been that new rules and institutions can be devised that improve the welfare of a society. Given the number of societies that are infected with political conflict and, as a result, lower levels of welfare, this paper attempts to analyze why we do not see more constitutional conventions aimed at eliminating conflict. The key idea is that expressively motivated group members may create incentives for instrumentally motivated group leaders such that it leads them to choose conflict rather than compromise. Nonetheless, it is not argued that such a peace is impossible to obtain. This leads to a further question, that if such a constitutional agreement could be found, would the expressive perspective alter the conventional instrumental perspective on the sort of constitutional reform that should be undertaken?
Publisher:
ISBN:
Category : Constitutional conventions
Languages : en
Pages : 24
Book Description
The emphasis on constitutional political economy has been that new rules and institutions can be devised that improve the welfare of a society. Given the number of societies that are infected with political conflict and, as a result, lower levels of welfare, this paper attempts to analyze why we do not see more constitutional conventions aimed at eliminating conflict. The key idea is that expressively motivated group members may create incentives for instrumentally motivated group leaders such that it leads them to choose conflict rather than compromise. Nonetheless, it is not argued that such a peace is impossible to obtain. This leads to a further question, that if such a constitutional agreement could be found, would the expressive perspective alter the conventional instrumental perspective on the sort of constitutional reform that should be undertaken?