The main objective of this study is to investigate empirically the effect of free or preferential trade agreements (PTAs) on Pakistan's export performance (value of exports, number of exporters and number of products per exporter) during the period 2003 to 2010. The analysis covers the South...

International aid has an ambiguous effect on the macro-economy of the recipient country. To the extent that aid raises consumer expenditure, there will be some real exchange rate appreciation and a shift of resources away from traded goods production and into non-traded goods production....

This paper uses the cointegrated vector autoregressive (CVAR) model to assess the dynamic relationship between foreign aid inflows, public expenditure, revenue and domestic borrowing in Ethiopia. It departs from the existing literature by using a unique quarterly fiscal dataset (1993-2008) and...