This paper investigates the role of aid in mitigating the adverse effects of commodity export price shocks on growth in … the exchange rate substantially lower the adverse growth effect of shocks.  While the mitigating effect of aid is … commodity-dependent countries.  Using a large cross-country dataset, we find that negative shocks matter for short-term growth …

We show that a combination of temporariness and spending pressure is intrinsic to the aid relationship.  In our … proves permanent, but if the donor is temporary the recipient faces an aid collapse and a fiscal adjustment problem.  The … Samaritan's dilemma is at work here, in the guise of a use-it-or-lose-it restriction on spending out of aid.  This restriction …

We focus on the management of highly persistent shocks to aid flows, including HIPC or MDG-related increases in net … analyze these and related issues in an intertemporal optimizing model that allows a portion of aid to be devoted to reducing …

, real exchange rates, output growth and welfare is less straightforward than simple models of aid suggest. We show that …Contemporary policy debates on the macroeconomics of aid often concentrate on short run Dutch disease effects, ignoring … the possible supply side impact of aid financed public expenditure. We present a simple model of aid and public …

Contemporary policy debates on the macroeconomics of aid often concentrate on short-run Dutch disease effects, ignoring … the possible supply model of aid and public expenditure in which public infrastructure capital generates an inter … contemporary conditions in Uganda, to simulate the effect of a step increase in net aid flows. Our simulations show that beyond the …

on economic growth is affected by wealth inequality.  The results suggest (a) that opening to trade tends to accelerate … growth but (b) that the addition to growth depends inversely on the level of wealth inequality prior to opening.  These … findings confirm the general importance for rapid growth in developing countries of reducing inequality of opportunity. …

the ex post effect of hurricane Mitch on consumption growth of Nicaraguan agricultural households.  How persistent was … municipal centres to complement survey reports of hurricane-induced losses.  Within the treated sample, micro-growth model … lower growth between 1998 and 2001, even accounting for spatial heterogeneity.  Overall, hurricane Mitch's direct …

The current paper demonstrates a dochotomy of the growth response to changes in the barter terms of trade (TOT …

The study presents recent global evidence on the transformation of economic growth to poverty reduction in developing … countries, with emphasis on the role of income inequality.  The focus is on the period since the early-mid-1990s when growth in … finds that on average an income growth has been the major driving force behind both the declines and increases in poverty …