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characteristics; this has implications for donor policy. -- aid ; Dutch disease ; Africa …International aid has an ambiguous effect on the macroeconomy of the recipient country. To the extent that aid raises … production and into non-traded goods production. However, aid for investment in the traded goods sector can mitigate this effect …
Persistent link: https://www.econbiz.de/10009508601
characteristics; this has implications for donor policy. aid, Dutch Disease, Africa …International aid has an ambiguous effect on the macro-economy of the recipient country. To the extent that aid raises … production and into non-traded goods production. However, aid for investment in the traded goods sector can mitigate this effect …
Persistent link: https://www.econbiz.de/10009409655
International aid has an ambiguous effect on the macroeconomy of the recipient country. To the extent that aid raises … production and into non-traded goods production. However, aid for investment in the traded goods sector can mitigate this effect … tend to depreciate the real exchange rate. We examine aid inflows in 26 sub-Saharan African countries, and find a variety …
Persistent link: https://www.econbiz.de/10010319940
We examine aid-induced Dutch Disease - after controlling for the effects of remittances and FDI flows - in the context … aggregated annual data over the period 1980-2009. Aid causes real exchange rate appreciation in the case of Morocco, especially … either country. We discuss the policy implications of the main results: aid and other types of foreign exchange inflow have …
Persistent link: https://www.econbiz.de/10010210682
The impact of aid inflows on relative prices and output is ambiguous. Aid inflows that increase domestic expenditure … rate appreciation in the steady state. We use time-series data to examine the impact of aid inflows on output and real … exchange rates in ten South Pacific island states, and find aid inflows to produce a variety of outcomes in economies of …
Persistent link: https://www.econbiz.de/10010284656
International aid has an ambiguous effect on the macro-economy of the recipient country. To the extent that aid raises … production and into non-traded goods production. However, aid for investment in the traded goods sector can mitigate this effect … tend to depreciate the real exchange rate. We examine aid inflows in 26 Sub-Saharan African countries, and find a variety …
Persistent link: https://www.econbiz.de/10010288488
The impact of aid inflows on relative prices and output is ambiguous. Aid inflows that increase domestic expenditure … rate appreciation in the steady state. We use time-series data to examine the impact of aid inflows on output and real … exchange rates in ten South Pacific island states, and find aid inflows to produce a variety of outcomes in economies of …
Persistent link: https://www.econbiz.de/10010611249
Persistent link: https://www.econbiz.de/10009673772
We examine aid-induced Dutch Disease — after controlling for the effects of remittances and FDI flows — in the context … aggregated annual data over the period 1980-2009. Aid causes real exchange rate appreciation in the case of Morocco, especially … either country. We discuss the policy implications of the main results: aid and other types of foreign exchange inflow have …
Persistent link: https://www.econbiz.de/10014140678
Given the significant inflows of foreign aid to sub-Saharan Africa (SSA) the possibility of Dutch Disease has been a … concern. Most macroeconomic models predict that aid inflows, especially if large and/or unanticipated (shocks), will lead to … inconclusive, but a common presumption is that aid has been associated with Dutch Disease effects in SSA. Previous empirical …
Persistent link: https://www.econbiz.de/10012008328