6533b7d4fe1ef96bd1261fb3
RESEARCH PRODUCT
Can stability of foreign aid agreement reduce global income inequality?
Maria Berrittellasubject
Economics and Econometricsmedia_common.quotation_subject05 social sciencesEconomics Econometrics and Finance (miscellaneous)Stability (learning theory)International economicsAid effectivenessForeign aidEconomic inequalityIncome inequality metricsIncome distributionSettore SECS-P/03 - Scienza Delle FinanzeDebtComputable general equilibrium model; Foreign aid; Global income inequality; Stability.0502 economics and businessComputable general equilibrium modelEconomicsGlobal income inequality050207 economicsRedistribution of income and wealthStability.050205 econometrics media_commondescription
Abstract Global initiatives on debt relief call for increasing foreign aid assistance to alleviate income inequality. But the potential gains from foreign aid policy coordination may be limited by the willing participation of diverse and self-interested donor countries. If stability of the foreign aid agreement does not occur, then aid effectiveness fails. Thus, the aim of this paper is to investigate the effects of the stability of foreign aid agreement on income redistribution amongst countries. The findings show that stability has positive effects on income mobility from the rich to the poorest countries reducing global income inequality.
year | journal | country | edition | language |
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2017-03-16 |