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Managing Reductions in Aid Inflows : Assessing Policy Choices in Haiti
Moldovan, Ioana - 2018
A low-income country such as Haiti that confronts an environment of diminishing aidinflows must assess tradeoffs among the available policy options: spending cuts,monetization, sales of debt, or use of foreign reserves. To provide the analytical tools forthis task, the paper draws from a set of...
Persistent link: https://www.econbiz.de/10012909421
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Does Conditionality Mitigate the Potential Negative Effect of Aid on Revenues?
Crivelli, Ernesto - 2016
This paper assesses whether conditionality in IMF-supported programs has helped offset the potential negative effect of …-income countries - shows that growing use of revenue conditionality by low-income countries partially offsets the depressing effect of … foreign grants on tax revenue, particularly on taxes on goods and services. The impact of conditionality is strong in …
Persistent link: https://www.econbiz.de/10012977821
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Does Conditionality in IMF-Supported Programs Promote Revenue Reform?
Crivelli, Ernesto - 2015
This paper studies whether revenue conditionality in Fund-supported programs had any impact on the revenue performance … of 126 low- and middle-income countries during 1993-2013. The results indicate that such conditionality had a positive … conditionality matters more for low-income countries, particularly those where revenue ratios are below the group average. Moreover …
Persistent link: https://www.econbiz.de/10013031170
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Donor Competition for Aid Impact, and Aid Fragmentation
Annen, Kurt - 2012
This paper shows that donors that maximize relative aid impact spread their budgets across many recipient countries in a unique Nash equilibrium, explaining aid fragmentation. This equilibrium may be inefficient even without fixed costs, and the inefficiency increases in the equality of donors'...
Persistent link: https://www.econbiz.de/10013098604
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BRICs’ Philosophies for Development Financing and Their Implications for LICs
Mwase, Nkunde - 2012
on the principles of South-South cooperation, focusing on mutual benefits without attachment of policy conditionality …
Persistent link: https://www.econbiz.de/10013108610
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Are Foreign Aid and Remittance Inflows a Hedge Against Food Price Shocks?
Combes, Jean-Louis - 2013
This paper explores the role of foreign aid and remittance inflows in the mitigation of the effects of food price shocks. Using a large sample of developing countries and mobilising dynamic panel data specifications, the econometric results yield two important findings. First, remittance and aid...
Persistent link: https://www.econbiz.de/10013091296
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Making Fiscal Space Happen : Managing Fiscal Policy in a World of Scaled-Up Aid
Heller, Peter - 2007
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/10012777965
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Aid and Fiscal Management
Bulíř, Aleš - 2006
This paper focuses on the macroeconomic aspects of fiscal management in aid-receiving countries. Despite the declining share of aid in budgets of donor countries, aid continues to play an important role in many developing countries. The paper first discusses the implications of aid in the...
Persistent link: https://www.econbiz.de/10012783405
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Mobilization Effects of Multilateral Development Banks
Broccolini, Chiara - 2019
We use loan-level data on syndicated lending to a large sample of developing countries between 1993and 2017 to estimate the mobilization effects of multilateral development banks (MDBs), controllingfor a large set of fixed effects. We find evidence of positive and significant direct and...
Persistent link: https://www.econbiz.de/10012889164
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What Does Aid Do to Fiscal Policy? New Evidence
Combes, Jean-Louis - 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/10012977858