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 associated with increased tax effort and...

This paper uses annual aggregate data for 36 low or middle income countries covering the period 1995-2001 to investigate the effect of FDI on private investment. It also explores if the relationship between FDI and private investment is influenced by the nature of the political regime, using...

This paper evaluates the impact on developing countries of the prohibition of trade related investment measures ( TRIMs). The economic impact of implementing the TRIMs Agreement in GATT 1994, and more generally of liberalising investment measures, is likely to be negative and significant for...