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Aid has been the principal source of development finance for the majority of developing countries over the past few decades. This has spawned a large literature on the effectiveness of aid, which remains essentially inconclusive. The empirical literature has tended to evaluate the impact of aid...
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This paper examines the impact of foreign aid on public sector fiscal behaviour in Côte d’Ivoire. A special interest is the relationship between aid, debt servicing and debt, given that Côte d’Ivoire is a highly indebted country. The theoretical model employed differs from those of...
Persistent link: https://www.econbiz.de/10001820296
This paper examines the impact of foreign aid on public sector fiscal behaviour in Cote d'Ivoire. A special interest is the relationship between aid, debt servicing and debt, given that Cote d'Ivoire is a highly indebted country. The theoretical model employed differs from those of previous...
Persistent link: https://www.econbiz.de/10014083153
There is a widespread view that political criteria have received less emphasis in aid allocation since the end of the cold war, with a greater share of aid subsequently being based on developmental criteria. An observed increase in aid effectiveness is attributed to this shift. A reasonably...
Persistent link: https://www.econbiz.de/10010279074