Publication:
Foreign Aid and Market-Liberalizing Reform

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dc.contributor.authorHeckelman, Jac
dc.contributor.authorKnack, Stephen
dc.date.accessioned2012-06-25T21:13:52Z
dc.date.available2012-06-25T21:13:52Z
dc.date.issued2005-04
dc.description.abstractMarket-oriented economic policies-reflected in limited economic activity by government, protection of private property rights, sound monetary policy, outward orientation regarding trade and efficient tax and regulatory policy-have been strongly linked to faster rates of economic growth. Foreign aid is often provided in the belief that it encourages liberalizing reforms in these areas. This paper analyzes the impact of aid on market-liberalizing policy reform, correcting for the possible endogeneity of aid. Results indicate that higher aid slowed reform over the 1980-2000 period, as measured by a broad index of policies. Disaggregating policy into five areas, aid is significantly linked to slower reform in some policy areas but not in others. Disaggregating by decade, aid's adverse impact on policy reform is much more pronounced for the 1980s than for the 1990s.en
dc.identifierhttp://documents.worldbank.org/curated/en/2005/04/5724087/foreign-aid-market-liberalizing-reform
dc.identifier.doi10.1596/1813-9450-3557
dc.identifier.urihttps://hdl.handle.net/10986/8971
dc.languageEnglish
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesPolicy Research Working Paper; No. 3557
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectACCOUNTING
dc.subjectADVERSE CONSEQUENCES
dc.subjectADVERSE EFFECTS
dc.subjectAID
dc.subjectAID ALLOCATION
dc.subjectAID FLOWS
dc.subjectAID PROGRAMS
dc.subjectAID/GNI
dc.subjectCONDITIONALITY
dc.subjectCRISES
dc.subjectDEBT
dc.subjectDEVELOPMENT AID
dc.subjectDEVELOPMENT ASSISTANCE
dc.subjectDEVELOPMENT ISSUES
dc.subjectECONOMIC ACTIVITY
dc.subjectECONOMIC GROWTH
dc.subjectECONOMIC POLICIES
dc.subjectEMPIRICAL ANALYSIS
dc.subjectEMPIRICAL STUDIES
dc.subjectEMPLOYMENT
dc.subjectFINANCIAL INSTITUTIONS
dc.subjectFOURTH
dc.subjectGOVERNMENT
dc.subjectGOVERNMENT EXPENDITURES
dc.subjectINCOME
dc.subjectINFLATION
dc.subjectINTERNATIONAL DEVELOPMENT
dc.subjectMARKET ECONOMIES
dc.subjectMARKET LIBERALIZATION
dc.subjectMONETARY POLICY
dc.subjectMORTALITY
dc.subjectNATIONAL INCOME
dc.subjectPOLICY ENVIRONMENT
dc.subjectPOLITICAL ECONOMY
dc.subjectPOLITICAL INSTITUTIONS
dc.subjectPRIVATE PROPERTY
dc.subjectPROPERTY RIGHTS
dc.subjectPROTECTION
dc.subjectPUBLIC GOODS
dc.subjectPURCHASING POWER
dc.subjectRENTS
dc.subjectSTRUCTURAL ADJUSTMENT
dc.subjectSTRUCTURAL ADJUSTMENT LOANS
dc.subjectSTRUCTURAL ADJUSTMENT PROGRAMS
dc.subjectTECHNICAL ASSISTANCE
dc.subjectTERMS OF TRADE
dc.subjectTRADE TAXES
dc.subjectWORLD DEVELOPMENT INDICATORS
dc.titleForeign Aid and Market-Liberalizing Reformen
dspace.entity.typePublication
okr.crossref.titleForeign Aid and Market-Liberalizing Reform
okr.date.doiregistration2025-04-10T10:45:44.001704Z
okr.doctypePublications & Research::Policy Research Working Paper
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/2005/04/5724087/foreign-aid-market-liberalizing-reform
okr.globalpracticeEducation
okr.globalpracticeHealth, Nutrition, and Population
okr.globalpracticePoverty
okr.globalpracticeGovernance
okr.guid736311468780596995
okr.identifier.doi10.1596/1813-9450-3557
okr.identifier.externaldocumentum000012009_20050411132948
okr.identifier.internaldocumentum5724087
okr.identifier.reportWPS3557
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2005/04/11/000012009_20050411132948/Rendered/PDF/wps3557.pdfen
okr.topicPoverty Reduction::Achieving Shared Growth
okr.topicEnvironmental Economics and Policies
okr.topicEducation::School Health
okr.topicDevelopment Economics and Aid Effectiveness
okr.topicGovernance::Governance Indicators
okr.unitDevelopment Research Group (DECRG)
okr.volume1 of 1
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
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