Theoretical predictions and empirical evidence on the impact of foreign aid and fiscal policy on growth are mixed. This paper examines the effect of fiscal variables (government expenditure and revenue) and aid on growth using annual time series data for Kenya over the period 1964 - 2002....

There is some debate regarding whether aid to poor recipients should be given in the form of loans or grants. This paper concentrates on whether the form of aid influences the effects on recipient fiscal behaviour. The main part of this paper investigates the recipient tax revenue response to...

Most of the literature on determinants of economic growth in developing countries is based on cross-country analysis and thus only yields some patterns that hold on average. The aim of this paper is to identify aspects of the determinants of growth in Kenya, in particular if aid played a role....