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
    Vers une zone de libre-échange continentale
    Authors
    Karim El Aynaoui
    November 19, 2019
    Pour le n•165 - automne 2019, Politique Internationale a interviewé Karim El Aynaoui, président du Policy Center for the New South, au sujet de la zone de libre échange continental, pour le dossier spécial « développement: les voies africaines ». Il y répond notamment aux questions suivantes : en quels termes faut-il repenser le développement  de l’Afrique ? Comment l’approche marocaine se définit-elle ? la façade atlantique de l’Afrique et l’importance de ses échanges avec l’Améri ...
  • Download PDF
    Morocco’s excessive geographic export concentration
    Authors
    Uri Dadush
    Hamza Saoudi
    November 5, 2019
    In this brief, we review the evidence on Morocco’s export concentration, discuss its causes, and then draw some policy implications. The main message is that Morocco needs to raise its game in some less familiar markets and move outside its comfort zone. This implies not only investments by private firms, greater efforts on export promotion by the government and professional associations, but also deeper changes within Morocco, including in its educational system. Over the past two ...
  • Annual Report on African Economies 2019
    Authors
    Under the Supervision of
    Larabi Jaïdi
    October 2, 2019
    Africa is an economic region which holds great potential despite the risks associated with its development. Indeed, many experts agree that Africa is emerging as the new frontier for global growth. Boosted by its abundant natural resources, a young and vibrant population, strong urbanization, more stable macroeconomic conditions, more stringent economic policies, a constantly improving business climate and improving governance, Africa is on track for a structural transformation that ...
  • 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 ...