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The global aid environment has changed profoundly over the last decade. New official and nonstate players have emerged as prominent actors, new challenges like climate change and stabilizing fragile states have arisen, and new approaches to providing aid are being tried. This note summarizes...
Persistent link: https://www.econbiz.de/10008837678
Sub-Saharan Africa?s GDP has grown five percent a year since 2000 and is expected to grow even faster in the future. Although pessimists are quick to point out that this growth has followed increases in commodities prices, the success of recent political reforms and the increased openness of...
Persistent link: https://www.econbiz.de/10011187613
This paper assesses the effectiveness of policies taken by the Burkinabè authorities to protect the poor from the adverse impact of a combined food and oil price shock in 2008. Estimates of the impact based on household survey data and a price pass-through model suggest that these policies were...
Persistent link: https://www.econbiz.de/10009293765
This paper studies the cyclical behavior of public spending on health and education in 150 countries during 1987 - 2007. It finds that spending on education and health is procyclical in developing countries and acyclical in developed countries. In addition, education and health expenditures...
Persistent link: https://www.econbiz.de/10008727788
This paper reviews evidence on the impact of fuel subsidy reform on household welfare in developing countries. On average, the burden of subsidy reform is neutrally distributed across income groups; a $0.25 decrease in the per liter subsidy results in a 6 percent decrease in income for all...
Persistent link: https://www.econbiz.de/10008671315