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dc.contributor.authorMersland, Roy
dc.contributor.authorThøgersen, Joachim
dc.date.accessioned2013-11-18T11:39:18Z
dc.date.available2013-11-18T11:39:18Z
dc.date.issued2013
dc.identifier.citationMersland, R., & Thøgersen, J. (2013). Stimulating economic growth in the least developed countries: Direct cash transfers for the retired via mobile phones. Journal of Economic Policy Reform, 16(3), 259-271.no_NO
dc.identifier.urihttp://hdl.handle.net/11250/136052
dc.descriptionPreprint of an article published in the Journal of Economic Policy Reform with the title:“Stimulating economic growth in the least developed countries: Direct cash transfers for the retired via mobile phones,”no_NO
dc.description.abstractThe result of current aid policies is that only a small percentage of foreign aid reaches the poorest of the poor in the least developed countries. Current trends of urbanisation and self-reliance place elderly people in an increasingly difficult situation. This paper aims to stimulate debate by introducing an alternative mechanism for foreign aid. With the help of an economic model, we demonstrate how direct cash transfers to elderly people can spur economic growth. Targeting all elderly people above a certain age minimises selection costs and removes perverse incentives. The use of new mobile phone technologies reduces transaction costs and makes our proposed modality feasible including in the least developed countries with low functioning governments.no_NO
dc.language.isoengno_NO
dc.publisherTaylor & Francis.no_NO
dc.subjectdirect cash transfersno_NO
dc.subjecteconomic growthno_NO
dc.subjectelderly peopleno_NO
dc.subjectforeign aidno_NO
dc.subjectleast developed countriesno_NO
dc.subjectmobile phoneno_NO
dc.titleA new aid modality for Africano_NO
dc.typeJournal articleno_NO
dc.typePeer reviewedno_NO
dc.subject.nsiVDP::Social science: 200::Economics: 210no_NO
dc.source.pagenumber259-271.no_NO
dc.source.volume16no_NO
dc.source.journalJournal of Economic Policy Reformno_NO
dc.source.issue3no_NO
dc.identifier.doi10.1080/17487870.2013.799905


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