Aid and Income Stabilization

This article contributes to the debate on aid volatility and argues that official assistance copes with exogenous output shocks in recipient countries and stabilizes resources available for the financing of consumption, investment and net trade. Stabilizing aid is effective in aid-dependent and vulnerable states. Aid volatility and disbursement lags are not significant determinants of the stabilizing impact of aid.

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Year of publication:	2009
Authors:	TAPSOBA, Sampawende Jules ; JEANNENEY, Sylviane GUILLAUMONT
Institutions:	Centre d'Études et de Recherches sur le Développement International (CERDI), École d'Économie
Subject:	foreign aid \| Income stabilization \| developing countries

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Extent:	application/pdf
Series:	Working Papers.
Type of publication:	Book / Working Paper
Language:	English
Notes:	Number 200916 2 pages long
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10008562500