Back to Search
Start Over
Development Aid, Economic Growth Volatility and Poverty Volatility in Developing Countries.
- Source :
- Global Business & Economics Anthology; Dec2021, Vol. 2, p1-15, 15p
- Publication Year :
- 2021
-
Abstract
- This article has analysed the effect of development aid flows on poverty volatility in developing countries, including through the economic growth volatility channel. Using a sample of 106 countries over the period 1980-2017, and the two-step system Generalized Methods of Moment (GMM) technique, the analysis has shown that development aid flows dampen the positive poverty volatility effect of economic growth volatility: the magnitude of the negative effect of development aid on poverty volatility rises as the degree of economic growth volatility increases. Additionally, development aid exerts a higher negative effect on poverty volatility as countries face higher poverty rates. These findings highlight the importance of development aid for stabilizing poverty rates. [ABSTRACT FROM AUTHOR]
Details
- Language :
- English
- ISSN :
- 15531392
- Volume :
- 2
- Database :
- Complementary Index
- Journal :
- Global Business & Economics Anthology
- Publication Type :
- Academic Journal
- Accession number :
- 155085207
- Full Text :
- https://doi.org/10.47341/21121