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The Potential of Foreign Aid as Insurance

Pallage, Stephane; Robe, Michel A.; Berube, Catherine - 2006

We quantify foreign aid's potential as an insurance mechanism against macroeconomic shocks. Within a dynamic model of aid flows between two endowment economies, we show that at least three fourths of the large welfare costs of macroeconomic fluctuations in poor countries could be alleviated by a...

Persistent link: https://www.econbiz.de/10014057011

How Do Climate Shocks Affect the Impact of FDI, ODA and Remittances on Economic Growth?

Drabo, Alassane - 2022

The three main financial inflows to developing countries have largely increased during the last two decades, despite the large debate in the literature regarding their effects on economic growth which is not yet clear-cut. An emerging literature investigates the dependence of their effects on...

Persistent link: https://www.econbiz.de/10013306770

Asymmetric and shock effects of foreign AID on economic growth and employment generation

Asaleye, Abiola John; Ojo, Adeola Phillip; Olagunju, … - In: Research in globalization 6 (2023), pp. 1-20

economic growth. The study investigates the asymmetric and shock effect of aggregated aid inflows and sectoral aid disbursement …, respectively, while negative shocks reduce growth in the short run. Likewise, positive shock reduces employment in the long run … positive shock in education and health aid increases employment in the long run, while positive shock in health and industry …

Persistent link: https://www.econbiz.de/10014331513

Fund Assistance for Countries Facing Exogenous Shocks

International Monetary Fund - 2003

Persistent link: https://www.econbiz.de/10014409723

Strengthening the Fund's Ability to Assist Low-Income Countries Meet Balance of Payments Needs Arising from Sudden and Exogenous Shocks : Supplement

International Monetary Fund - 2005

The G-8 debt relief proposal, if adopted, should have little impact on the rational and operational aspects of the shocks window, but it may affect some of the financing consideratins, which are taken up in the page on "The G-8 Debt Cancellation Proposal and its Implications for the Fund

Persistent link: https://www.econbiz.de/10014409905

Strengthening the Fund's Ability to Assist Low-Income Countries Meet Balance of Payments Needs Arising from Sudden and Exogenous Shocks

International Monetary Fund - 2005

At the Executive Board discussion on the role of the Fund in low-income countries, Directors requested proposals to address the absence of concessional instruments other than the PRGF in the Fund's financial assistance to low-income members facing exogenous shocks. Against this background, this...