2024-03-28T22:41:27Z
https://nagoya.repo.nii.ac.jp/oai
oai:nagoya.repo.nii.ac.jp:00015717
2023-01-27T02:54:43Z
608:609:610:1483
Roles of Foreign Aid in Narrowing Development Gaps: A Cross-Country Analysis on Aid, Institutions, and Growth
HIRANO, Yumeka
open access
Aid Effectiveness
ASEAN Integration
Development Gaps
Institutions
Poverty
Narrowing development gaps has been a critical issue for both developing and developed countries to achieve poverty reduction in this globalizing world. This research aims to provide policy suggestions on the roles of foreign aid in narrowing development gaps among countries by examining the relationships between foreign aid, economic policies, institutions, and the growth of per capita GDP. A crosscountry analysis of 30 countries, for the period of 1993―2008, is conducted by employing Barro-type ad hoc growth equations. Unlike the earlier studies that focused on the relationships between policy stance (trade, fiscal and monetary policies, etc.) and aid effectiveness, this study pays attention to the relationship between institutional quality and aid effectiveness, which is a key factor in the long run. The main finding of this paper is that foreign aid has a positive and more effective impact on growth in developing countries where the level of institutional quality is low, as it compensates for this institutional deficiency. This result suggests that aid would be more effective if it were provided in a manner to complement generally immature institutional quality of less developed countries.
名古屋大学大学院国際開発研究科
2013-03-18
eng
departmental bulletin paper
VoR
https://doi.org/10.18999/forids.43.79
http://hdl.handle.net/2237/17744
https://nagoya.repo.nii.ac.jp/records/15717
10.18999/forids.43.79
2189-9126
1341-3732
国際開発研究フォーラム
Forum of International Development Studies
43
79
96
https://nagoya.repo.nii.ac.jp/record/15717/files/06.pdf
application/pdf
521.6 kB
2018-02-20