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Fiscal Sustainability in Remittance-Dependent Economies
Chami, Ralph - 2009
We investigate the impact of remittances on public debt sustainability and detail how the traditional debt-to-GDP ratio … remittance inflows. The main result is that inclusion of remittances into the traditional debt sustainability analysis alters the …
Persistent link: https://www.econbiz.de/10012677866
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The Macroeconomics of Scaling Up Aid
Mongardini, Joannes - 2009
This paper assesses the macroeconomic implications of scaling up aid for Benin in line with the Gleneagles commitment to double aid to poor countries over the next three years to reach 85 per capita by 2010 and keep it at that level thereafter. The analysis suggests that the additional aid...
Persistent link: https://www.econbiz.de/10012677785
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Development Aid and Economic Growth
Reddy, Sanjay - 2009
We analyze the growth impact of official development assistance to developing countries. Our approach is different from that of previous studies in two major ways. First, we disentangle the effects of two kinds of aid: developmental and non-developmental. Second, our specifications allow for the...
Persistent link: https://www.econbiz.de/10012677788
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Evaluating Alternative Approaches to Poverty Alleviation
Dorosh, Paul A. - 2008
This paper uses a partial equilibrium framework to evaluate the relative efficiency, distributional and revenue implications of rice tariffs and targeted transfers in Madagascar, especially in the context of identifying their respective roles for poverty alleviation. Although there are likely to...
Persistent link: https://www.econbiz.de/10012677559
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The Spending and Absorption of Aid in PRGF Supported Programs
Martijn, Jan Kees - 2008
This paper studies the spending and absorption of aid in PRGF-supported programs, verifies whether the use aid is programmed to be smoothed over time, and analyzes how considerations about macroeconomic stability influence the programmed use of aid. It finds that PRGF-supported programs allow...
Persistent link: https://www.econbiz.de/10012677677
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The Macroeconomic Impact of Scaled-up Aid
Sacerdoti, Emilio - 2009
We develop a simple macroeconomic model that assesses the effects of higher foreign aid on output growth and other macroeconomic variables, including the real exchange rate. The model is easily tractable and requires estimation of only a few basic parameters. It takes into account the impact of...
Persistent link: https://www.econbiz.de/10012677733
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The Catalytic Impact of IMF Lending on Official Development Assistance
He, Bangyu - 2024
This paper explores the catalytic impact of IMF lending to Low-Income Countries on Official Development Assistance (ODA) during 1990-2019. It disentangles the effect on the amounts of ODA on countries’ participation in IMF programs (“extensive margin”) and the size of the IMF-supported...
Persistent link: https://www.econbiz.de/10015080292
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Do Remittances Reduce Aid Dependency?
Goff, Maelan Le; Kpodar, Kangni - International Monetary Fund (IMF) - 2011
have increased rapidly and are beginning to dwarf aid flows. This paper investigates how remittances affect aid flows, and … how this relationship varies depending on the channel of transmission from remittances to aid. Buoyant remittances could … remittances may dampen donors' incentive to scale up aid. Concurrently, remittances could be positively associated with aid if …
Persistent link: https://www.econbiz.de/10009369450
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Beware of Emigrants Bearing Gifts : Optimal Fiscal and Monetary Policy in the Presence of Remittances
Gapen, Michael T - 2006
Intro -- Contents -- I. INTRODUCTION -- II. REMITTANCES -- THEIR MOTIVATION -- III. A STOCHASTIC MONETARY ECONOMY -- IV …
Persistent link: https://www.econbiz.de/10013042570
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What Do Remittances Do? Analyzing the Private Remittance Transmission Mechanism in El Salvador.
Nery Saca, Nolvia - 2006
Intro -- Contents -- I. INTRODUCTION -- II. BRIEF REVIEW OF RESEARCH ON EL SALVADOR'S RECEIPTS OF REMITTANCES -- III …
Persistent link: https://www.econbiz.de/10012691067