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SDG financing options in Rwanda : a post-pandemic assessment
Lledó, Victor D.; Perrelli, Roberto - 2021
This paper uses a novel macroeconomic framework to identify policy and financing options to help Rwanda achieve its … sustainable development goals (SDGs). Under current policies, Rwanda would meet its SDGs right after 2050. Active policies that … combine fiscal reforms and higher private sector participation could fulfill more than one third of Rwanda's post-pandemic SDG …
Persistent link: https://www.econbiz.de/10012605067
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The spending challenge for reaching the SDGs in Sub-Saharan Africa : lessons learned from Benin and Rwanda
Prady, Delphine; Sy, Mouhamadou - 2019
progress in SDGs by 2030. Benin and Rwanda are presented in detail through case studies. The main lessons are: i) average …
Persistent link: https://www.econbiz.de/10012154993
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Collect more, spend better : public investment in Asian frontier markets
Ghazanchyan, Manuk; Marto, Ricardo; Jonáš, Jiří; … - 2017
sustainability for three fast-growing Southeast Asian economies: Cambodia, Sri Lanka, and Vietnam. We show that a gradual public …
Persistent link: https://www.econbiz.de/10011716457
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Government spending effects in low-income countries
Shen, Wenyi; Yang, Shu-Chun S.; Zanna, Luis-Felipe - 2015
Despite the voluminous literature on fiscal policy, very few papers focus on low-income countries (LICs). This paper develops a new-Keynesian small open economy model to show, analytically and through simulations, that some of the prevalent features of LICs-different types of financing including...
Persistent link: https://www.econbiz.de/10011445535
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Optimal fiscal spending and reserve accumulation policies under volatile aid
Moldovan, Ioana R.; Yang, Shu-Chun S.; Zanna, Luis-Felipe - 2019
This paper assesses the optimal setting of fiscal spending and foreign exchange rate intervention policies in response to volatile foreign aid, in a small open economy model that incorporates typical features of low-income countries. Within a class of policy rules, it jointly considers the...
Persistent link: https://www.econbiz.de/10012102039
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What does aid do to fiscal policy? : new evidence
Combes, Jean-Louis; Ouedraogo, Rasmane; Tapsoba, … - 2016
Foreign aid is a sizable source of government financing for several developing countries and its allocation matters for the conduct of fiscal policy. This paper revisits fiscal effects of shifts in aid dependency in 59 developing countries from 1960 to 2010. It identifies structural shifts in...
Persistent link: https://www.econbiz.de/10011711496
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Making Fiscal Space Happen : Managing Fiscal Policy in a World of Scaled-Up Aid
Debrun, Xavier - 2006
Debt relief and the scaling up of aid to low-income countries should allow for greater fiscal space for expenditure programs to create long-term growth and lower poverty rates. But designing a suitable medium-term fiscal framework that fosters a sustainable delivery of better public services and...
Persistent link: https://www.econbiz.de/10014400182
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Fiscal Management of Scaled-Up Aid
Gupta, Sanjeev - 2007
This paper discusses the role of fiscal policy and fiscal institutions in managing scaled-up aid. In an environment of volatile scaled-up aid, fiscal policy formulation should be anchored in medium-term frameworks, incorporating a longer-term view of potential resource availability and spending...
Persistent link: https://www.econbiz.de/10014400212
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The Short-Run Macroeconomics of Aid Inflows : Understanding the Interaction of Fiscal and Reserve Policy
Zanna, Luis-Felipe - 2010
aid is spent but not absorbed. The results from our model can help understand the recent experience of Uganda, which saw …
Persistent link: https://www.econbiz.de/10014402820
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The Macroeconomics of Medium-Term Aid Scaling-Up Scenarios
Portillo, Rafael - 2010
calibrate the model to Uganda and run several experiments. We find that a policy mix that results in full spending and …
Persistent link: https://www.econbiz.de/10014402924