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Issues related to the volatility of aid flows are now becoming crucial in view of their relevance to the achievement of the Millennium Development Goals. The paper examines aid volatility using data for 66 aid recipients over the period 1973-2002. We improve upon earlier work in this important...
Persistent link: https://www.econbiz.de/10010279284
The paper develops a model of public fiscal behaviour of the aid-recipient government in the presence of both endogenous and heterogeneous foreign aid. We endogenize aid on the grounds that the recipient government has some influence over aid disbursements. Regarding aid heterogeneity, it is...
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Issues related to the volatility of aid flows are now becoming crucial in view of their relevance to the achievement of the Millennium Development Goals. The paper examines aid volatility using data for 66 aid recipients over the period 1973-2002. We improve upon earlier work in this important...
Persistent link: https://www.econbiz.de/10008690942
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