This research review offers an insight to some of the most important questions economists and policymakers have been grappling over. A substantial amount of research has been carried out using cross-country regression models, resulting in a better and improved understanding of the linkage between economic growth and poverty reduction. The literature on cross-country regressions, however, has led to conflicting conclusions. Reconciling diverging messages makes it difficult to accurately inform policy-making. Based on a selection of influential papers, this volume provides a critical review of the literature. Scholars who envision a world free of extreme poverty will find this analysis particularly valuable.
This book offers a unique and insightful econometric evaluation of the policies used to fight transnational terrorism between 1990 and 2014 using a sample of 124 countries. It proves that foreign aid plays a crucial role by inducing recipient governments to protect the donors’ political and economic interests within their sphere of influence. In contrast, US troops on the ground are counter-productive as they increase the supply of terrorist attacks from the host countries, even though this effect has been significantly reduced by the Obama administration.