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Aid And Macroeconomic Performance
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Book Synopsis Aid and Macroeconomic Performance by : Louise Joy
Download or read book Aid and Macroeconomic Performance written by Louise Joy and published by Springer. This book was released on 2016-07-27 with total page 314 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents an accounting framework to critically review existing studies of aid's macroeconomic effects and as a basis for four country studies on Guinea-Bissau, Nicaragua, Tanzania and Zambia. This framework focuses on the impact of different types of aid on the level and composition of key macroeconomic aggregates such as imports, investment and government expenditure. The importance of the relationship between aid and policy reform is also stressed. The case studies find that aid has had a generally positive contribution, though recommendations to further improve aid impact are also given.
Book Synopsis Lessons on Foreign Aid and Economic Development by : Nabamita Dutta
Download or read book Lessons on Foreign Aid and Economic Development written by Nabamita Dutta and published by Springer Nature. This book was released on 2019-09-06 with total page 302 pages. Available in PDF, EPUB and Kindle. Book excerpt: A response to the pressing need to address and clarify the substantial ambiguity within current literature, this edited volume aims to deepen readers’ understanding of the impact of foreign aid on development outcomes based on the latest findings in research over the past decade. Foreign aid has long been seen as one of two extremes: either beneficial or damaging, a blessing or a curse. Consequently, many readers perceive aid’s effectiveness based on the work of scholars who are assessing the impact of aid from one of two antithetical perspectives. This book takes a different approach, shedding light on recent research that can deepen our understanding of the complex relationship between aid and its aftereffects. Drawing from an extensive set of studies that have explored micro and macro impacts of foreign aid for recipient nations, chapter authors highlight more layered and nuanced findings, with a focus on donor characteristics, political motives, and an evaluation of aid projects and their effectiveness, including the differential impact based on type of aid. This volume is the first of its kind to unpack aid as a complex rather than a unitary concept and explore the wide areas of grey that have long enshrouded foreign aid.
Book Synopsis The Economics of Aid by : John Michael Healey
Download or read book The Economics of Aid written by John Michael Healey and published by Routledge & Kegan Paul Books. This book was released on 1971 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt: Study of the economic theory underlying the allocation of economic aid to developing countries and the role of developed countries therein - examines the impact of aid on the economic growth and trade of recipient countries and the effect of 'source tying' (the procurement of goods in the donor country) and of the terms of aid in respect of one particular project in the recipient country. Bibliography pp. 105 to 107, references and statistical tables.
Book Synopsis Foreign Aid and Economic Growth by : Janine L. Bowen
Download or read book Foreign Aid and Economic Growth written by Janine L. Bowen and published by Routledge. This book was released on 2019-05-23 with total page 104 pages. Available in PDF, EPUB and Kindle. Book excerpt: Published in 1998, this book provides an empirical analysis of the impact of foreign economic aid in 67 developed countries over a 19 year period. The results include the relationships between aid and growth and the implication that methodologies traditionally used have been largely responsible for inconsistent findings in the past.
Book Synopsis Aid, Growth and Poverty by : Jonathan Glennie
Download or read book Aid, Growth and Poverty written by Jonathan Glennie and published by Springer. This book was released on 2016-05-30 with total page 82 pages. Available in PDF, EPUB and Kindle. Book excerpt: The authors discuss the impact of foreign aid and tackle the question of why assessing the impact of aid is so difficult. The authors focus on peer-reviewed, cross-country studies published over the last decade and draw together some global-level assessments, considering the context and conditions under which aid might be said to ‘work’. Glennie and Sumner argue that the evidence in four areas shows signs of convergence that may have direct relevance for policy decisions on aid and for aid effectiveness discussions. These are as follows: Aid levels (meaning if aid is too low or too high); Domestic political institutions (including political stability and extent of decentralisation); Aid composition (including sectors, modalities, objectives and time horizons); and Aid volatility and fragmentation. Notably, this study finds that there is no consensus that the effectiveness of aid depends on orthodox economic policies.
Book Synopsis Foreign Aid and Development by : Finn Tarp
Download or read book Foreign Aid and Development written by Finn Tarp and published by Routledge. This book was released on 2000-08-17 with total page 415 pages. Available in PDF, EPUB and Kindle. Book excerpt: Peter Hjertholm, Editorial Assistant Aid has worked in the past but can be made to work better in the future. In this important new book, leading economists and political scientists, including experienced aid practitioners, re-examine foreign aid. The evolution of development doctrine over the past fifty years is critically investigated, and conventional wisdom and current practice is challenged. As well as offering important new research material, the book opens up new directions for future practice and policy. It will be of vital interest to those working in economics, politics and development studies, as well as to governmental and aid professionals.
Book Synopsis Aid and Macroeconomic Performance by : Howard White
Download or read book Aid and Macroeconomic Performance written by Howard White and published by . This book was released on 1998 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Macroeconomic Challenges of Scaling Up Aid to Africa by : Yongzheng Yang
Download or read book Macroeconomic Challenges of Scaling Up Aid to Africa written by Yongzheng Yang and published by International Monetary Fund. This book was released on 2006-03-20 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the next decade, African countries are expected to be the largest beneficiaries of increased donor aid, which is intended to improve their prospects for achieving the Millennium Development Goals. This handbook will help these countries assess the macroeconomic implications of increased aid and respond to the associated policy challenges. The handbook is directed at policymakers, practicing economists in African countries, and the staffs of international financial institutions and donor agencies who participate in preparing medium-term strategies for African countries, including in the context of poverty reduction strategy papers. It provides five main guidelines for developing scaling-up scenarios to help countries identify important policy issues involved in using higher aid flows effectively: to absorb as much aid as possible, to boost growth in the short to medium term, to promote good governance and reduce corruption, to prepare an exit strategy should aid levels decrease, and to regularly reassess the policy mix.
Book Synopsis The Macroeconomic Impact of Scaled-Up Aid by : Mr.Gonzalo Salinas
Download or read book The Macroeconomic Impact of Scaled-Up Aid written by Mr.Gonzalo Salinas and published by INTERNATIONAL MONETARY FUND. This book was released on 2009-03-01 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: We develop a simple macroeconomic model that assesses the effects of higher foreign aid on output growth and other macroeconomic variables, including the real exchange rate. The model is easily tractable and requires estimation of only a few basic parameters. It takes into account the impact of aid on physical and human capital accumulation, while recognizing that the impact of the latter is more protracted. Application of the model to Niger-one of the poorest countries in the world-suggests that if foreign aid as a share of GDP were to be permanently increased from the equivalent of 10 percent of GDP in 2007 to 15 percent in 2008, annual economic growth would accelerate by more than 1 percentage point, without generating significant risks for macroeconomic stability. As a result, by 2020 Niger's income per capita would be 12.5 percent higher than it would be without increased foreign aid. Moreover, the higher growth would help Niger to cut the incidence of poverty by 25 percent by 2015, although the country will still be unable to reach the Millennium Development Goal of poverty reduction (MDG 1).
Book Synopsis Development Aid and Economic Growth by : Camelia Minoiu
Download or read book Development Aid and Economic Growth written by Camelia Minoiu and published by . This book was released on 2011 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: We analyze the growth impact of official development assistance to developing countries. Our approach is different from that of previous studies in two major ways. First, we disentangle the effects of two kinds of aid: developmental and non-developmental. Second, our specifications allow for the effect of aid on economic growth to occur over long time-lags. Our results indicate that developmental aid promotes long-run growth. The effect is significant, large and robust to different specifications and estimation techniques.
Book Synopsis Foreign Aid Allocation, Governance, and Economic Growth by : Kamil Akramov
Download or read book Foreign Aid Allocation, Governance, and Economic Growth written by Kamil Akramov and published by . This book was released on 2012-11-30 with total page 3 pages. Available in PDF, EPUB and Kindle. Book excerpt: Foreign aid to developing countries is a subject of heated debate among politicians, economists, and development specialists. Does aid promote economic growth and reduce poverty? Some argue that foreign aid has no effect on growth and may sometimes even undermine growth in aid recipient countries. Others suggest that foreign aid positively influences economic growth. Still others suggest that foreign aid has a positive impact on growth but this impact is conditional on a good institutional and policy environment. This debate has high stakes, given that foreign aid in the form of official development assistance (ODA) by leading donor nations reached over US$120 billion in 2010, the highest level ever recorded. This study contributes to the debate by taking a different approach from conventional analyses of the aid–growth relationship. Analysis of the aid–growth relationship shows no significant connection between aggregate aid and per capita GDP growth. Rather than treating ODA as a single category, the study disaggregates it into several different categories, based on which sector of a recipient’s economy the ODA is meant to help or promote. The study investigates whether changes in sectoral allocation of ODA influence the effectiveness of foreign aid in promoting economic growth. Although this is not an entirely new direction for research in this area, little is known about the possible causal impacts of aid to different sectors on economic growth. The results of the study are presented in Foreign Aid Allocation, Governance, & Economic Growth, recently published by the University of Pennsylvania Press for IFPRI.
Download or read book Development written by Ian Goldin and published by Oxford University Press. This book was released on 2018 with total page 217 pages. Available in PDF, EPUB and Kindle. Book excerpt: What is development -- How does development happen? -- Why are some countries rich and others poor? -- What can be done to accelerate development? -- The evolution of development aid -- Sustainable development -- Globalization and development -- The future of development.
Book Synopsis Foreign Aid and Economic Performance in Tanzania by : Timothy S. Nyoni
Download or read book Foreign Aid and Economic Performance in Tanzania written by Timothy S. Nyoni and published by . This book was released on 1997 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: Examines the impact of foreign aid on macroeconomic variables such as the real exchange rate, export performance, government expenditure, investment and growth. Covers the period from 1967 to 1993.
Book Synopsis Aid, the Incentive Regime, and Poverty Reduction by : Craig Burnside
Download or read book Aid, the Incentive Regime, and Poverty Reduction written by Craig Burnside and published by World Bank Publications. This book was released on 1998 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: June 1998 Aid spurs growth and poverty reduction only in a good policy environment so it should be targeted to countries that have improved their economic policy. That aid tends to be allocated relatively indiscriminately is one factor that undermines its potential impact. Spurring growth in the developing world is one stated objective of foreign aid. Another, more commonly cited, objective is reducing poverty. Generally poverty reduction and growth go hand in hand, but could aid mitigate poverty without measurably affecting growth? Burnside and Dollar examine how foreign aid affects infant mortality-an important social indicator that provides indirect evidence that the benefits of development are reaching people everywhere. They conclude that in developing countries with weak economic management-evidenced by poor property rights, high levels of corruption, closed trade regimes, and macroeconomic instability-there is no relationship between aid and the change in infant mortality. In distorted environments, development projects promoted by donors tend to fail. And aid resources are typically fungible, so the aid does not in fact finance these projects. Aid finances the whole public sector at the margin, which is why the quality of management is the key to effective assistance. A government that cannot put effective development policies in place is unlikely to oversee the effective use of foreign aid. On the other hand, there is a relationship between aid and a change in infant mortality when the recipient country has relatively good management. When management is good, additional aid worth 1 percent of GDP has a powerful effect, reducing infant mortality by 0.9 percent. In other words, aid spurs growth and improvements in social indicators only in a good policy environment. These findings strengthen the case for targeting foreign aid to countries that have improved their economic policy. But after controlling for per capita income and population, there has been almost no relationship between countries' economic policies and the amount of aid they get. The relatively indiscriminate allocation of assistance is one factor undermining the potential impact of aid. This paper-a product of Macroeconomics and Growth, Development Research Group-is part of a larger effort in the group to examine aid effectiveness. The study was funded by the Bank's Research Support Budget under the research project Economic Policies and the Effectiveness of Foreign Aid (RPO 681-70). The authors may be contacted at [email protected] or [email protected].
Book Synopsis Structural Adjustment, Economic Performance, and Aid Dependency in Tanzania by : Mr.Michael Mered
Download or read book Structural Adjustment, Economic Performance, and Aid Dependency in Tanzania written by Mr.Michael Mered and published by International Monetary Fund. This book was released on 1993-08-01 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: Tanzania’s adjustment program, which began in the mid-1980s, was accompanied by a sharp increase in the levels of foreign assistance. Previous studies, using published data, have not reflected much improvement in economic performance during the reform period. This paper attempts to shed new light on the relationship between adjustment and aid dependency in Tanzania, by adjusting the macroeconomic database to correct for data deficiencies in several important respects. A subsequent comparison with other sub-Saharan African countries shows that, contrary to traditional interpretation, Tanzania’s increased dependence on foreign assistance did not lead to a deterioration in domestic savings performance. Efficiency of investment, however, has been substantially lower in Tanzania.
Book Synopsis Aid and Growth at the Regional Level by : Axel Dreher
Download or read book Aid and Growth at the Regional Level written by Axel Dreher and published by International Monetary Fund. This book was released on 2015-09-03 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper brings the aid effectiveness debate to the sub-national level. We hypothesize the nonrobust results regarding the effects of aid on development in the previous literature to arise due to the effects of aid being insufficiently large to measurably affect aggregate outcomes. Using geocoded data for World Bank aid to a maximum of 2,221 first-level administrative regions (ADM1) and 54,167 second-level administrative regions (ADM2) in 130 countries over the 2000-2011 period, we test whether aid affects development, measured as nighttime light growth. Our preferred identification strategy exploits variation arising from interacting a variable that indicates whether or not a country has passed the threshold for receiving IDA's concessional aid with a recipient region's probability to receive aid, in a sample of 478 ADM1 regions and almost 8,400 ADM2 regions from 21 countries. Controlling for the levels of the interacted variables, the interaction provides a powerful and excludable instrument. Overall, we find significant correlations between aid and growth in ADM2 regions, but no causal effects.
Book Synopsis Foreign Aid and Development by : Finn Tarp
Download or read book Foreign Aid and Development written by Finn Tarp and published by Psychology Press. This book was released on 2000 with total page 522 pages. Available in PDF, EPUB and Kindle. Book excerpt: Aid has worked in the past but can be made to work better in the future. This book offers important new research and will appeal to those working in economics, politics and development studies as well as to governmental and aid professionals.
