A dynamic relationship between foreign aid and domestic fiscal variables in Uganda is analysed using a cointegrated vector autoregressive model over the period 1972-2008. Results show that aid is a significant element of long-run fiscal equilibrium, is as

Community Development around the World: Practice, Theory, Research and Training. Edited by Hubert Campferns. Toronto and London: University of Toronto Press, 1997. Pp.xvi + 481. NP. ISBN 0 8020 0903 4 and 7884 2 Cultural Perspectives on Development. Edited by Vincent Tucker. London and Portland,...

This paper employs a cointegrated vector autoregressive model to assess the growth effect of aid in Uganda over the period 1972-2008. Results show that aid in Uganda has had both direct and indirect beneficial association with growth; that it is the produ