The Economics of Post Conflict Aid
Post conflict aid is different from conventional development aid and has different effects on the recipient economy. The paper builds a theoretical model tailored around the main stylized facts of post conflict aid and traces the impact of different kinds of post-conflict aid on capital accumulation, growth, welfare, and resource allocation. While both humanitarian and reconstruction aid are welfare-enhancing, humanitarian aid reduces long-run capital accumulation and growth. Reconstruction aid, on the other hand, may increase the long-run capital stock and, if carefully designed, avoid the pitfalls of the Dutch disease.
Year of publication: |
2002-11-01
|
---|---|
Authors: | McHugh, James ; Kosma, Theodora ; Demekas, Dimitri G. |
Institutions: | International Monetary Fund (IMF) |
Saved in:
freely available
Saved in favorites
Similar items by person
-
The Economics of Post Conflict Aid
McHugh, James, (2002)
-
Trade Liberalization Strategies; What Could South Eastern Europe Learn From Cefta and Bfta?
Adam, Antonis, (2003)
-
The economics of post conflict aid
Demekas, Dimitri G., (2002)
- More ...