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

  • Failure to Converge
    Authors
    Uri Dadush
    Uri Dadush
    April 2, 2021
    Incomes on the southern shores of the Mediterranean are about one-fifth to one-third of those on the northern shore, ratios that have not changed much over the last generation. This was not supposed to happen. The Barcelona Process, set up in 1995 as a partnership between the European Union and eastern and southern Mediterranean countries to promote regional growth and stability, economic integration through trade, investment, and orderly migration flows, was expected to boost incom ...
  • Les Mardis du PCNS 23/02/2021 : أجندة الاتحاد الأفريقي لسنة 2021: بين الأولويات والتحديات
    February 25, 2021
    خصص مركز السياسات من أجل الجنوب الجديد حلقته الاسبوعية لحديث الثلاثاء لمناقشة أجندة الاتحاد الأفريقي لسنة 2021: بين الأولويات والتحديات رفقة أسامة طيبي، باحث في العلاقات الدولية بمركز السياسات من أجل الجنوب الجديد. سيتعين على الرئيس الكونغولي مواجهة العديد من التحديات خلال فترة ولايته ا...
  • Download PDF
    La Zone de libre-échange continentale africaine (ZLECAF) : regard juridique
    Authors
    Abdessalam Saad Jaldi
    Abdessalam Saad Jaldi
    February 24, 2021
    L'intégration régionale en Afrique est considérée comme une priorité par de nombreux responsables politiques et acteurs économiques du continent. Avec la signature de l'accord portant création de la ZLECAf par l'ensemble des pays africains, le défi consiste désormais à mettre en place un marché continental pour les biens et les services et à jeter les bases d'une union douanière continentale. Nombreux sont ceux qui, sur le continent, considèrent la ZLECAf comme un plan d'investissem ...
  • Download PDF
    Africa’s Development Issues After Covid-19
    Authors
    Hinh T. Dinh
    February 12, 2021
    This paper provides a preliminary assessment of COVID-19’s impact on Africa, focusing on the sub-Saharan Africa (SSA) countries, based on information available as of October 2020. We first identify the two key long-term issues of the SSA countries before the crisis: resource dependency and slow productivity growth. COVID-19 has hit SSA countries hard, causing human and economic destruction and wiping out economic progress from the last decade. Instead of growing at 2.9% in 2020, as ...
  • Download PDF
    The African Continental Free Trade Agreement (AfCFTA): Legal Overview
    Authors
    Abdessalam Saad Jaldi
    Abdessalam Saad Jaldi
    February 5, 2021
    Regional integration in Africa is seen as a priority by many of the continent’s policymakers and economic stakeholders. With all Africa now signed up to the African Continental Free Trade Agreement (AfCFTA), the challenge now is to implement a continental market for goods and services and establish the foundations of a continental customs union. Many on the continent see the AfCFTA as an investment, economic-diversification, and job-creation blueprint that will shape the future of A ...
  • Download PDF
    Rapport annuel sur l’économie de l’Afrique 2020
    Authors
    Sous la direction de
    Larabi Jaïdi
    Abdelaaziz Ait Ali
    Nezha Alaoui M’hammdi
    Mahmoud Arbouch
    Muhammad Ba
    Amanda Bisong
    Rafik Bouklia Hassane
    Oumayma Bourhriba
    Salma Daoudi
    Amal El Ouassif
    Tayeb Ghazi
    Aomar Ibourk
    Len Ishmael
    Pierre Jacquemot
    Leo Kemboi
    Jacob Kotcho
    Mouhamadou Ly
    Jamal Machrouh
    Iván Martín
    Fatima Ezzahra Mengoub
    Solomon Muqayi
    Meriem Oudmane
    Ahmed Ouhnini
    Mohamed Ould El Abed
    Kwame Owino
    Asmita Parshotam
    Fatih Pittet
    Afaf Zarkik
    December 29, 2020
    Dès les premiers cas du Coronavirus relevés en Afrique, les prédictions les plus sombres ont été faites sur la catastrophe sanitaire à venir sur le continent, en raison d’un certain nombre de caractéristiques supposées favoriser la propagation de l’épidémie. Ces prévisions ont été démenties par la rapidité des ripostes des Etats et par divers autres facteurs. La progression de la Covid-19 en Afrique n’est pas le fait d’une dynamique unique mais plutôt de multiples profils de risques ...
  • The internal geography of services value-added in exports: A Latin American perspective
    Authors
    Eduardo Amaral Haddad
    Inácio F. Araújo
    December 18, 2020
    We estimate the contents of services value-added incorporated in goods exports in different countries in Latin America, exploring the local dimension of the results. We use inter-regional input–output analysis to trace and map domestic value-added embedded in those countries' exports. We add to the discussion of global value chains the internal, within-country geography of trade in value-added, since the set of locational preferences that help understanding the spatial patterns of n ...
  • Download PDF
    Brazil at a Post-Pandemic Macroeconomic Crossroads
    Authors
    Otaviano Canuto
    Márcio Issao Nakane
    Otaviano Canuto
    December 17, 2020
    Brazil is one of the countries hardest hit by COVID-19. Apart from the dramatic health implications, COVID-19 will also scar the Brazilian economy, including through a jump in its already high public-sector debt-to-GDP ratio in 2020. Moving forward—or not—with structural reforms aimed at lifting private investment will define whether a sustainableor unsustainable—growth-cum-debt trajectory will prevail in the next decade. The extent to which Brazil regains its attractiveness for for ...
  • Download PDF
    The Impact Of Covid-19 In Morocco: Macroeconomic, Sectoral And Regional Effects
    Authors
    Eduardo Amaral Haddad
    Karim El Aynaoui
    Abdelaaziz Ait Ali
    Mahmoud Arbouch
    Inácio F. Araújo
    December 16, 2020
    The COVID-19 pandemic has hit the Moroccan economy hard, as elsewhere in the world. A collapse in external demand and a lockdown lasting more than three months have profoundly altered economic activity in Morocco, causing its first recession since 1995. The implementation of the confinement and social distancing measures was strict and came two weeks after the detection of the first cases of COVID-19 in Morocco on March 2, 2020. The lockdown was extended three times and lasted aroun ...
  • Download PDF
    Atlantic vision 2025: building an Atlantic community - 2nd edition
    Authors
    Hanae Bezad
    Maximo Plo Seco
    Roger Hilton
    December 10, 2020
    The Atlantic basin faces considerable challenges on multiple fronts. Financial and economic struggles, coupled with political shifts and social turmoil, are reshaping the region’s geopolitical landscape. Unemployment, poverty, violence, migration, extremism, climate change and other problems are on the rise and the need to tackle them effectively is pressing. To find adequate solutions to these challenges, it is crucial to create inclusive discussions between the North and the Sout ...