Editorial office, Health Economics and Outcome Research, Brussels, Belgium
Commentary Article
Policies Aimed at Different Economic Sectors
Author(s): Isla Horvath*
According to this study, help generally has minimal effect on economic growth. However, a strong result is that aid only encourages growth in politically stable environments, regardless of the effectiveness of the nation's economic policies. Even in the context of sensible policies, aid is ineffectual in a chaotic setting. The findings, however, suggest that greater aid flows support policy more effective in boosting growth than a favorable policy environment does. The empirical findings also offer some flimsy evidence in favor of the existence of a Laffer curve for help in politically stable nations. It is discovered that the size of the country and its level of development, rather than the effectiveness of the policy, determine how much aid is distributed.
It often pits proponents of exchange rate stability against those who are more concerned with national monetary po.. View More»
DOI:
10.37532/heor.22.8.8.1.
