2021
DOI: 10.5089/9781513585635.001
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How do Climate Shocks Affect the Impact of FDI, ODA and Remittances on Economic Growth?

Abstract: The three main financial inflows to developing countries have largely increased during the last two decades, despite the large debate in the literature regarding their effects on economic growth which is not yet clear-cut. An emerging literature investigates the dependence of their effects on some country characteristics such as human and physical capital constraint, macroeconomic policy and institutional capacity. This paper extends the literature by arguing that climate shocks may undermine the effect of For… Show more

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