International Capital Inflows and Poverty: Evidence from Developing Countries.

Poverty reduction is an important one of the long-term global goals. This paper analyses the impact of international capital inflows on poverty with a sample covering 26 developing countries in the Asia-Pacific region. A panel dataset is collected over the period of 1980-2015. The results conclude some new findings, which show international capital inflows have two kinds of effects on the poverty rate. The result shows that remittances and trade openness has positive effects on the poverty rate of the economies. On the other hand, external debt and official development assistance have negative effects on poverty in the region. Our findings lead to some valuable implications, in which, the policymakers need more careful when using the external debt as well as official development assistance to support economic growth because these tools can make the more serious on the poverty in countries. However, the policymakers can use the remittances as an important international capital to solve the lack of internal financial resource. Besides, the result points out that trade openness is a good tool for decreasing the poverty rate by trading with the outside.

Przewidywany wpływ Europejskiego Zielonego Ładu na aktywność dawców pomocy rozwojowej z UE

The European Green Deal is an ambitious strategy for economic transformation of the European Union (EU) that most likely will affect other policies. The aim of this article is to consider how Official Development Assistance (ODA) offered by the EU and its members may change as a result of the European Green Deal’s implementation. This is done by assessing the existing trends in EU ODA spending focused on addressing climate/environmental issues. This analysis uses for calculations data provided by the Organisation for Economic Co-operation and Development. One of the main findings is that climate/environmental issues play a significant and growing role in the allocation of EU ODA funds, though aid provided by some EU members, including Poland, do not share this pattern. It is expected that the implementation of the European Green Deal will lead to furthering the diversified (multi-sector) nature of EU influence over economic transformation of partner countries.

“Soft Power„ Instrument in Promoting International Development

In the present article the authors substantiate the following thesis: in the context of real polycentrism and increased confrontation between the states with liberal system of values and the states that defend real sovereignty and non-interference in internal affairs of aid-recipient states through a variety of development assistance tools, exceptionally "soft power" can become an effective mechanism of creating conditions for sustainable development of the world community as a whole. In preparing the study the authors applied the methods of historicism and comparative analysis of approaches to the policy of realizing the "soft power" goals.