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The Efficiency of Government Expenditure : Experiences From Africa

Honjo, Keiko - 1997

This paper assesses the efficiency of government expenditure on education and health in 38 countries in Africa in 1984 … average, countries in Africa are less efficient than countries in Asia and the Western Hemisphere; however, education and … health spending in Africa became more efficient during that period. The assessment further suggests that improvements in …

Persistent link: https://www.econbiz.de/10014399935

Policy responses to aid surges in countries with limited international capital mobility : the role of the exchange rate regime

Berg, Andrew; Portillo, Rafael; Zanna, Luis-Felipe - 2014

Persistent link: https://www.econbiz.de/10010389564

The Short-Run Macroeconomics of Aid Inflows : Understanding the Interaction of Fiscal and Reserve Policy

Zanna, Luis-Felipe - 2010

We develop a tractable open-economy new-Keynesian model with two sectors to analyze the short-term effects of aid-financed fiscal expansions. We distinguish between spending the aid, which is under the control of the fiscal authorities, and absorbing the aid-using the aid to finance a higher...

Persistent link: https://www.econbiz.de/10014402820

The Macroeconomics of Medium-Term Aid Scaling-Up Scenarios

Portillo, Rafael - 2010

We develop a model to analyze the macroeconomic effects of a scaling-up of aid and assess the implications of different policy responses. The model features key structural characteristics of low-income countries, including varying degrees of public investment efficiency and a learning-by-doing...

Persistent link: https://www.econbiz.de/10014402924

The Macroeconomic Challenges of Scaling Up Aid to Africa

Yang, Yongzheng - 2005

This paper surveys the economic literature on the scaling-up of aid to Africa. It provides a checklist of issues that …

Persistent link: https://www.econbiz.de/10014404188

Policy Responses to Aid Surges in Countries with Limited International Capital Mobility : The Role of the Exchange Rate Regime

Berg, Andrew - 2014

We study the role of the exchange rate regime, reserve accumulation, and sterilization policies in the macroeconomics of aid surges. Absent sterilization, a peg allows for almost full aid absorption — an increase in the current account deficit net of aid—delivering the same effects as those...

Persistent link: https://www.econbiz.de/10014394328

Monetary Policy Rules for Managing Aid Surges in Africa

Buffie, Edward F. - 2007

Since the turn of the century, aid flows to Africa have increased on average and become more volatile. As a result …

Persistent link: https://www.econbiz.de/10014400327

Determinants of Development Financing Flows From Brazil, Russia, India, and China to Low-Income Countries

Mwase, Nkunde - 2011

BRICs development financing flows have increased significantly and are expected to become more prominent in the post-crisis era. We investigate the potential implications on the country-allocation of loan commitments and the degree of concessionality using a panel vector autoregression model and...

Persistent link: https://www.econbiz.de/10014397783

Improving the efficiency and equity of public education spending : the case of Moldova

Jin, Hui; Jirasavetakul, La-Bhus Fah; Shang, Baoping - 2019

This paper, using Moldova as an example, presents a systematic approach to assess the efficiency and equity of public education spending, identify sources of inefficiencies and inequality, and formulate potential reform options. The analytical framework combines international benchmarking with...

Persistent link: https://www.econbiz.de/10012009431

Benchmarking social spending using efficiency frontiers

Kapsoli, Javier; Teodoru, Iulia Ruxandra - 2017

Developing and low-income economies face the challenge of increasing public spending to address sizeable infrastructure and social gaps while simultaneously restoring the fiscal discipline weakened to countervail the effect of the global recession. Increasing the efficiency of social spending...

Persistent link: https://www.econbiz.de/10011799657

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