Publications /
Paper in Academic Journals

Back
http://www.accessecon.com/Pubs/EB/2020/Volume40/EB-20-V40-I3-P199.pdf
Does aid stimulate foreign direct investment? The role of social cohesion
Authors
Mina Baliamoune
Tony Addison
August 24, 2020
Related topics: 
Economy
Regional integration

We explore the effects of foreign aid on FDI in a large number of aid-recipient countries using data for the period 1985-2008 and focusing in particular on the impact of the interplay of aid and social cohesion. The preliminary results suggest that the independent effect of aid on FDI is negative in sub-Saharan Africa (SSA) and Latin America (LAC) and positive in other regions, while aid seems to crowd out FDI in countries with high levels of human capital. In addition, we find that the interplay of aid and social cohesion in SSA and LAC has an inverted-U relationship with FDI, suggesting diminishing returns to social cohesion in these two regions

RELATED CONTENT

  • Download PDF
    Can African countries learn from the Chinese Development Model?
    Authors
    Ihssane Guennoun
    August 9, 2019
    China’s economic records over the past four decades generated the intellectual curiosity of many foreign observers and researchers . The development pathway of Beijing is interesting to study as it proves that a country can take its destiny in its own hand. This paper tries to draw possible lessons from the Chinese development path to see if some of them could be adaptable to feed the development of the African countries. Introduction Forty years ago, China opened up its economy t ...
  • Download PDF
    The Crisis in World Trade
    Authors
    Akman, S.
    Armstrong, S.
    Braga, C.
    Uri Dadush
    Gonzalez, A.
    Kimura, F.
    Nagakawa, J.
    Rashish, P.
    Tamura, A.
    May 15, 2019
    This policy brief (PB), prepared for the G-20 Working Group on Trade, aims to provide decision-makers with a succinct review of the state of the trading system, to point to likely scenarios, and to serve as a background to or reference for the other six PBs prepared by the T20 Task Force on Trade, Investment and Globalization. The brief argues that the world trading system has been remarkably successful in many respects but that the present strain reflects causes which are deep-seat ...
  • Empowering Africa. Access to Power in the African Continent
    Authors
    Lorenzo Colantoni
    Giuseppe Montesano
    Nicolò Sartori
    April 12, 2019
    Access to electricity is a key factor for the future of the African continent. Energy poverty and lack of universal access to electricity services are, in fact, remarkably hurting human progress in Africa. Today, sub-Saharan Africa hosts 14 percent of the world’s population but 60 percent of the world’s people without access to electricity: of the more than 1 billion people globally who had no access to electricity, around 600 million lived in the region. In these conditions, many A ...
  • International Economic Cooperation in Troubled Times: A Call for Strong Action by the G20
    Authors
    Uri Dadush
    Axel Berger
    Andreas Freytag
    Simon J. Evenett
    Christian von Haldenwang
    Ricardo Meléndez-Ortiz
    Raul Ochoa
    Agustin Redonda
    Karl P. Sauvant
    November 26, 2018
    *The recommendations put forth below have been published, both print and online, in the Financial Times.  The leaders of the G20 will meet on 30 November and 1 December in Buenos Aires for their annual summit. They need to acknowledge that the last two years have been characterized by strong headwinds for the world economy. This time, however, it is not a mixture of poor macroeconomic policies and bad business decisions – as in 2008 when they met in Washington for their first summi ...
  • European Commitment in the Development-Security Nexus in Africa: Does the European Union practice what it preaches?
    Authors
    Bouchra Rahmouni
    November 22, 2018
    Nowadays, links between development and security are widely recognized by many, just as they were during the development of the Marshall Plan. As mentioned in the United Nations "A More Secure World" report, threats to one are intrinsically a threat to all. Thus, 17 UN-agreed goals were agreed upon to help end poverty, protect the planet, and ensure prosperity for all by 2030, including goal 16 for "peaceful and inclusive societies". Last month, the UN’s inaugural Africa Dialogue S ...
  • Download PDF
    Le franc CFA : impact sur les taux d’inflation et de croissance des pays d’Afrique de l’Ouest et d’Afrique centrale sur la période 1999-2017
    Authors
    Henri-Louis Vedie
    November 14, 2018
    Depuis plus de 70 ans, le franc CFA est la monnaie commune à quatorze pays du continent africain. Procéder à une comparaison entre les taux d’inflation et de croissance des pays membres de l’Union économique monétaire de l’Afrique de l’Ouest (UEMOA) et de la Communauté économique et monétaire de l’Afrique centrale (CEMAC), permet d’analyser les taux d’inflation et de croissance d’une vaste région regroupant deux communautés : l’une, ayant choisi le franc CFA comme monnaie, composée ...
  • Energy Security Value Chain: A New Challenge for China?
    Authors
    Bouchra Rahmouni
    October 19, 2018
    There are various definitions of Energy Security (ES) and numerous ways of understanding the concept. For this blog’s purpose, we will choose the familiar understanding of the latter as put forward by the George W. Bush Administration, i.e. it represents a situation where four characteristics are met, an energy supply that is: (1) Reliable (2) affordable (3) environmentally sound and (4) accessible.  Thus, ES represents the situation where there’s availability of energy at all time ...