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between aid and fiscal aggregates. Vector autoregressive methods are applied to 34 years of annual data in Ghana to model the … effect of aid on fiscal behaviour. Results suggest that aid to Ghana has been associated with reduced domestic borrowing and … improved fiscal performance in Ghana, implying that the aid has been used sensibly (at least in fiscal terms) …
Persistent link: https://www.econbiz.de/10014075021
The present paper explores the extent to which new joint General Budget Support (GBS) systems have been able to overcome the problems of aid dependency and negative fiscal incentives that can potentially result from high levels of on-budget aid. As approximately 90 percent of new joint GBS goes...
Persistent link: https://www.econbiz.de/10009405113
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...
Persistent link: https://www.econbiz.de/10010191186
To finance basic pro-poor services, the Government of Ghana must mobilize more public revenue. But tax reform has been … highly controversial in Ghana. An attempt to introduce VAT in 1995 failed after widespread protests. Although a second … paper concludes that much more attention must be given to the political economy of fiscal policy in Ghana, if lasting …
Persistent link: https://www.econbiz.de/10013043863
countries that recently experienced an aid surge (Ethiopia, Ghana, Tanzania, Mozambique and Uganda) shows no support for …
Persistent link: https://www.econbiz.de/10003793498
This study assesses the fiscal and monetary management challenges that can be associated with large inflows of foreign aid. It provides a brief overview of the literature on Dutch Disease (DD) as applied to mineral wealth and then assesses the conventional policy responses that are available to...
Persistent link: https://www.econbiz.de/10009408860
This paper focuses on the macroeconomic aspects of fiscal management in aid-receiving countries. Despite the declining share of aid in budgets of donor countries, aid continues to play an important role in many developing countries. The paper first discusses the implications of aid in the...
Persistent link: https://www.econbiz.de/10012783405
The main thrust of this study has been to provide empirical illuminations to the debate on the effectiveness of foreign aid in driving sustainable growth and development. Using an extended Barro style model of aid-augmented government expenditure and economic growth, an analytical model is...
Persistent link: https://www.econbiz.de/10012925117
The main thrust of this study has been to provide empirical illuminations to the debate on the effectiveness of foreign aid in driving sustainable growth and development. Using an extended Barro style model of aid-augmented government expenditure and economic growth, an analytical model is...
Persistent link: https://www.econbiz.de/10011843944
In the wake of violent conflict, a key element of building a durable peace is building a state with the ability to collect and manage public resources. To implement peace accords and provide public services, the government must be able to collect revenue, allocate resources, and manage...
Persistent link: https://www.econbiz.de/10003733938