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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
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Donors are concerned about how their aid is used, especially how it affects fiscal behaviour by recipient governments. This study reviews the recent evidence on the effects of aid on government spending and tax effort in recipient countries, concluding with a discussion of when (general) budget...
Persistent link: https://www.econbiz.de/10009653102
This article contributes to the literature on aid and economic growth. We posit that uncertainty, measured as the instability of aid receipts, will influence the relationship between aid and investment, how recipient governments respond to aid, and will capture the fact that some countries are...
Persistent link: https://www.econbiz.de/10009224542
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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,...
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The paper investigates the impact of exchange rates on US foreign direct investment (FDI) flows to a sample of 16 emerging market countries using annual panel data for the period 1990-2002. Three separate exchange rate effects are considered: the value of the local currency (a cheaper currency...
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