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Where imports are financed predominantly by rents from resource extraction or aid, the revenue generated by tariffs is … illusory. Reveue earned by the tariff is offset by a reduction in the real value of aid and resource rents. Revenue is however … moved between accounts in the government budget which, in the case of aid, may reduce the burden of donor conditionality. We …
Persistent link: https://www.econbiz.de/10008670338
This paper investigates the role of aid in mitigating the adverse effects of commodity export price shocks on growth in …
Persistent link: https://www.econbiz.de/10008739762
explanatory variables of resource rents, education, and aid, distinguishing between finance and technical assistance. Overall, we … intervention can radically shorten state failure, whereas additional finance, whether from aid or resource rents, has the opposite …
Persistent link: https://www.econbiz.de/10010770221
I discuss how aid can support growth in small, isolated economies. Small markets frustrate scale economies and …
Persistent link: https://www.econbiz.de/10010854445
This paper investigates the role of aid in mitigating the adverse effects of commodity export price shocks on growth in …, while the ex ante risk of shocks does not seem to matter.  We also find that both the level of aid and the flexibility of … the exchange rate substantially lower the adverse growth effect of shocks.  While the mitigating effect of aid is …
Persistent link: https://www.econbiz.de/10011004287
insufficient social knowledge seem to be the major constraints on reform. We find that financial aid tends to allow the ruling …
Persistent link: https://www.econbiz.de/10011073985
This paper investigates the role of aid in mitigating the adverse effects of commodity export price shocks on growth in …, while the ex ante risk of shocks does not seem to matter. We also find that both the level of aid and the flexibility of the … exchange rate substantially lower the adverse growth effect of shocks. While the mitigating effect of aid is significant in …
Persistent link: https://www.econbiz.de/10009642344
As aid diminishes in importance, donors need a capacity that enables governments to improve the quality of their public … modalities of public spending, alongside the volume of aid. With an additional instrument donors can escape the dilemma of having … more objectives than instruments. How aid is spent may become more important than how much of it is spent. …
Persistent link: https://www.econbiz.de/10009653088
This paper investigates the role of aid in mitigating the adverse effects of commodity export price shocks on growth in …, while the ex ante risk of shocks does not seem to matter. We also find that both the level of aid and the flexibility of the … exchange rate substantially lower the adverse growth effect of shocks. While the mitigating effect of aid is significant in …
Persistent link: https://www.econbiz.de/10009441528
I discuss how aid can support growth in small, isolated economies. Small markets frustrate scale economies and …
Persistent link: https://www.econbiz.de/10010319804