Aid Policy and Growth in Post conflict Societies is popular PDF and ePub book, written by Paul Collier in 2002, it is a fantastic choice for those who relish reading online the Civil war genre. Let's immerse ourselves in this engaging Civil war book by exploring the summary and details provided below. Remember, Aid Policy and Growth in Post conflict Societies can be Read Online from any device for your convenience.
Aid Policy and Growth in Post conflict Societies Book PDF Summary
Countries emerging from civil war attract both aid and policy advice. This paper provides the first systematic empirical analysis of aid and policy reform in the post-conflict growth process. It is based on a comprehensive data set of large civil wars and covers 27 countries that were in their first decade of post-conflict economic recovery during the 1990s. The authors first investigate whether the absorptive capacity for aid is systematically different in post-conflict countries. They find that during the first three post-conflict years, absorptive capacity is no greater than normal, but that in the rest of the first decade it is approximately double its normal level. So ideally, aid should phase in during the decade. Historically, aid has not, on average, been higher in post-conflict societies, and it has tended to taper out over the course of the decade. The authors then investigate whether the contribution of policy to growth is systematically different in post-conflict countries, and in particular, whether particular components of policy are differentially important. For this they use the World Bank policy rating database. The authors find that growth is more sensitive to policy in post-conflict societies. Comparing the efficacy of different policies, they find that social policies are differentially important relative to macroeconomic policies. However, historically, this does not appear to have been how policy reform has been prioritized in post-conflict societies.
Detail Book of Aid Policy and Growth in Post conflict Societies PDF
- Author : Paul Collier
- Release : 22 September 2024
- Publisher : World Bank Publications
- ISBN : 978186723xxxx
- Genre : Civil war
- Total Page : 32 pages
- Language : English
- PDF File Size : 12,5 Mb
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