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) …

autoregressive methods, an impulse response function is estimated to model the effect of aid on fiscal behaviour in Ghana. Results … suggest that aid does not have a direct effect on the volume of government spending in Ghana but is treated as a substitute … indirect effect arising from higher tax revenue associated with aid inflows. This, aid to Ghana has tended to be associated …

autoregressive methods, an impulse response function is estimated to model the effect of aid on fiscal behaviour in Ghana. Results … suggest that aid does not have a direct effect on the volume of government spending in Ghana but is treated as a substitute … indirect effect arising from higher tax revenue associated with aid inflows. This, aid to Ghana has tended to be associated …

political economy in a way that engendered growth. Ghana provides a good case for an assessment of this question as it saw …-led growth. It also argues that aid has helped shape macroeconomic management in Ghana, identifying three channels through which … policy direction in Ghana. It concludes by arguing that the aid-induced policy has helped in the operation of a more …