Foreign Aid And Government Fiscal Behavior In Zambia

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Foreign aid and government fiscal behavior in Zambia

Author : Jones Bowa
Publisher : GRIN Verlag
ISBN 13 : 3346257096
Total Pages : 64 pages
Book Rating : 4.3/5 (462 download)

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Book Synopsis Foreign aid and government fiscal behavior in Zambia by : Jones Bowa

Download or read book Foreign aid and government fiscal behavior in Zambia written by Jones Bowa and published by GRIN Verlag. This book was released on 2020-09-29 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt: Master's Thesis from the year 2016 in the subject Economics - Case Scenarios, grade: Great Distinction, University of Antwerp (Institute of Development Policy and Management (IOB)), language: English, abstract: The paper investigates the relationship between foreign aid and government fiscal behavior. An overview of the global trend of foreign aid flows over the last few decades is provided, as well as literature and research on fiscal response studies that have aimed to examine how these aid flows influence the fiscal decisions of aid recipient governments. The paper assesses the impact of foreign aid flows on fiscal aggregates, taking into focus the case of Zambia. In particular, the paper goes into detail examining how government investment, consumption, revenue, and domestic borrowing are associated with both aggregated and disaggregated aid. The paper adopts a quantitative approach in its analysis. A Vector Error Correction approach was used to estimate the relationship between foreign aid and fiscal aggregates data for Zambia over the period 1970-2014. The econometric estimation used annual data and analyzed both short-run and long-run effects. The following were the findings: Foreign aid flows were found to be positively associated with government investment, consumption, and domestic borrowing. While government revenue was negatively associated with foreign aid. In the short-run, it was observed that grants were used to reduce the level of the country’s domestic debt stock. Whereas, net foreign loans were seen as a substitute for domestic revenues and were used to finance the budget deficit. The paper concluded by providing a number of recommendations that suggested improvement in government’s revenue mobilization efforts, effective management of the country’s domestic debt, and the deliberate action to direct revenue resources towards investment expenditure. In order to achieve sustained growth and ensure the effective use of aid, donor partners were recognized as important actors in supporting the government’s fiscal policy direction. There has been high momentum in the scaling up of foreign aid in recent years. The turn of the millennium saw calls by the development community to increase foreign aid to developing countries so as to assist them in attaining the Millennium Development Goals. The mechanisms through which foreign aid flows are transmitted to recipient countries require that the aid resources are channeled through the government. Thus, for foreign aid to have any meaningful impact is highly dependent on how governments respond to inflows of aid.

Foreign Aid, Debt, and Growth in Zambia

Author : Per-Åke Andersson
Publisher : Nordic Africa Institute
ISBN 13 : 9789171064622
Total Pages : 144 pages
Book Rating : 4.0/5 (646 download)

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Book Synopsis Foreign Aid, Debt, and Growth in Zambia by : Per-Åke Andersson

Download or read book Foreign Aid, Debt, and Growth in Zambia written by Per-Åke Andersson and published by Nordic Africa Institute. This book was released on 2000 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt: A study which discusses the structural problems in Zambia and the policies of adjustment that have been tried. It also analyses the impact of various strategies with regard to external resource transfers. The results show that the scope for growth is highly dependent on the tightness of the external resource constraint, and that debt service tends to dominate the policy-making.

The Role of Foreign Aid in Development

Author : Eric Jackson Labs
Publisher :
ISBN 13 :
Total Pages : 96 pages
Book Rating : 4.:/5 (327 download)

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Book Synopsis The Role of Foreign Aid in Development by : Eric Jackson Labs

Download or read book The Role of Foreign Aid in Development written by Eric Jackson Labs and published by . This book was released on 1997 with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Effect of Foreign Aid in Promoting Economic Growth in Zambia (1986 - 2018)

Author : Daniel Tonga
Publisher :
ISBN 13 : 9783346101983
Total Pages : 92 pages
Book Rating : 4.1/5 (19 download)

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Book Synopsis The Effect of Foreign Aid in Promoting Economic Growth in Zambia (1986 - 2018) by : Daniel Tonga

Download or read book The Effect of Foreign Aid in Promoting Economic Growth in Zambia (1986 - 2018) written by Daniel Tonga and published by . This book was released on 2019-11-12 with total page 92 pages. Available in PDF, EPUB and Kindle. Book excerpt: Master's Thesis from the year 2019 in the subject Economics - Case Scenarios, University of Lusaka (University of Lusaka UNILUS), course: Economics and Finance, language: English, abstract: This research study has analyzed the effects of foreign aid in promoting economic growth in Zambia. The study used available data in Zambia from 1986 - 2018. The study adopted the ARDL model for investigating the short and long time relationship between foreign aid and Gross Domestic Product GDP. The hypothesis of foreign aid having an effect on economic growth was explored and examined. This study sought to archive the following objectives: To establish whether there is a connection between foreign aid and economic growth in Zambia and determine whether foreign aid significantly contributed to Zambia's economic growth in the period under review. For policy implications, this study also analyzed the determinant of economic growth in Zambia over the same period. The results clearly revealed a positive relationship between foreign aid and Zambia's economic growth in a given period that was under investigation. The findings in this study affirm that foreign aid may be important in promoting economic growth. This study also asserts that foreign aid may be effective in improving the quality and lives of people if used effectively. Thus, the outcome of this study recommends that foreign aid be directed towards the promotion of investment because its proper use can promote and boots the country's economic growth. For policy implications, this study also found that independent variables such as Foreign Direct Investment FDI, Population Growth, Government Expenditure and Consumer Price Index as important and determinants of economic growth in Zambia over the same period. Thus, this study found that important drivers of economic growth included foreign aid inflow, population growth, investment whilst government expenditure and inflation affected GDP negatively, thus their im

Foreign Aid and the Fiscal Behaviour of the Government in Papua New Guinea

Author : Aaron Batten
Publisher :
ISBN 13 : 9789980751843
Total Pages : 52 pages
Book Rating : 4.7/5 (518 download)

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Book Synopsis Foreign Aid and the Fiscal Behaviour of the Government in Papua New Guinea by : Aaron Batten

Download or read book Foreign Aid and the Fiscal Behaviour of the Government in Papua New Guinea written by Aaron Batten and published by . This book was released on 2010 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Assessing Aid

Author :
Publisher : World Bank Publications
ISBN 13 : 9780195211238
Total Pages : 164 pages
Book Rating : 4.2/5 (112 download)

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Book Synopsis Assessing Aid by :

Download or read book Assessing Aid written by and published by World Bank Publications. This book was released on 1998 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt: Assessing Aid determines that the effectiveness of aid is not decided by the amount received but rather the institutional and policy environment into which it is accepted. It examines how development assistance can be more effective at reducing global poverty and gives five mainrecommendations for making aid more effective: targeting financial aid to poor countries with good policies and strong economic management; providing policy-based aid to demonstrated reformers; using simpler instruments to transfer resources to countries with sound management; focusing projects oncreating and transmitting knowledge and capacity; and rethinking the internal incentives of aid agencies.

Dead Aid

Author : Dambisa Moyo
Publisher : Macmillan
ISBN 13 : 0374139563
Total Pages : 209 pages
Book Rating : 4.3/5 (741 download)

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Book Synopsis Dead Aid by : Dambisa Moyo

Download or read book Dead Aid written by Dambisa Moyo and published by Macmillan. This book was released on 2009-03-17 with total page 209 pages. Available in PDF, EPUB and Kindle. Book excerpt: Debunking the current model of international aid promoted by both Hollywood celebrities and policy makers, Moyo offers a bold new road map for financing development of the world's poorest countries.

Foreign Aid and Development

Author : Finn Tarp
Publisher : Routledge
ISBN 13 : 1134608489
Total Pages : 415 pages
Book Rating : 4.1/5 (346 download)

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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.

Aid Dependence

Author : Robert Lensink
Publisher :
ISBN 13 : 9789122018391
Total Pages : 86 pages
Book Rating : 4.0/5 (183 download)

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Book Synopsis Aid Dependence by : Robert Lensink

Download or read book Aid Dependence written by Robert Lensink and published by . This book was released on 1998-12-01 with total page 86 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Development

Author : Ian Goldin
Publisher : Oxford University Press
ISBN 13 : 0198736258
Total Pages : 217 pages
Book Rating : 4.1/5 (987 download)

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Book Synopsis Development by : Ian Goldin

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.

Reinventing Foreign Aid

Author : William R. Easterly
Publisher : MIT Press
ISBN 13 : 0262550660
Total Pages : 581 pages
Book Rating : 4.2/5 (625 download)

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Book Synopsis Reinventing Foreign Aid by : William R. Easterly

Download or read book Reinventing Foreign Aid written by William R. Easterly and published by MIT Press. This book was released on 2008-05-09 with total page 581 pages. Available in PDF, EPUB and Kindle. Book excerpt: Top experts in the field discuss how to improve the effectiveness of foreign aid, proposing practical solutions to specific problems rather than a utopian master plan. The urgency of reducing poverty in the developing world has been the subject of a public campaign by such unlikely policy experts as George Clooney, Alicia Keyes, Elton John, Angelina Jolie, and Bono. And yet accompanying the call for more foreign aid is an almost universal discontent with the effectiveness of the existing aid system. In Reinventing Foreign Aid, development expert William Easterly has gathered top scholars in the field to discuss how to improve foreign aid. These authors, Easterly points out, are not claiming that their ideas will (to invoke a current slogan) Make Poverty History. Rather, they take on specific problems and propose some hard-headed solutions. Easterly himself, in an expansive and impassioned introductory chapter, makes a case for the “searchers”—who explore solutions by trial and error and learn from feedback—over the “planners”—who throw an endless supply of resources at a big goal—as the most likely to reduce poverty. Other writers look at scientific evaluation of aid projects (including randomized trials) and describe projects found to be cost-effective, including vaccine delivery and HIV education; consider how to deal with the government of the recipient state (work through it or bypass a possibly dysfunctional government?); examine the roles of the International Monetary Fund (a de-facto aid provider) and the World Bank; and analyze some new and innovative proposals for distributing aid. Contributors Abhijit Banerjee, Nancy Birdsall, Craig Burnside, Esther Duflo, Domenico Fanizza, William Easterly, Ruimin He, Kurt Hoffman, Stephen Knack, Michael Kremer, Mari Kuraishi, Ruth Levine, Bertin Martens, John McMillan, Edward Miguel, Jonathan Morduch, Todd Moss, Gunilla Pettersson, Lant Pritchett, Steven Radelet, Aminur Rahman, Ritva Reinikka, Jakob Svensson, Nicolas van de Walle, James Vreeland, Dennis Whittle, Michael Woolcock

The Macroeconomic Management of Foreign Aid

Author : Mr.Peter Isard
Publisher : International Monetary Fund
ISBN 13 :
Total Pages : 292 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis The Macroeconomic Management of Foreign Aid by : Mr.Peter Isard

Download or read book The Macroeconomic Management of Foreign Aid written by Mr.Peter Isard and published by International Monetary Fund. This book was released on 2006-04-21 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the adoption of the Milennium Development Goals (MDGs) in 2000, the challenge of reducing poverty around the world has been more prominent on the agenda of the international community. Relatively slow progress toward meeting the MDGs by the 2015 target date has added to the urgency of this effort. Two influential reports - The United Nations Millennium Project Report (the "Sachs Report") and the Commission for Africa Report (the "Blair Report") envisage substantial increases in aid flows to poor countries, especially to countries in sub-Saharan Africa. The International community sees increases in aid, along with improvements in recipient policies and freer global trade, as necessary for global prosperity and poverty reduction.

Foreign Aid in Africa

Author : Jerker Carlsson
Publisher : Nordic Africa Institute
ISBN 13 : 9789171064141
Total Pages : 228 pages
Book Rating : 4.0/5 (641 download)

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Book Synopsis Foreign Aid in Africa by : Jerker Carlsson

Download or read book Foreign Aid in Africa written by Jerker Carlsson and published by Nordic Africa Institute. This book was released on 1997 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume reports on the findings of an international research project on aid effectiveness in Africa.

The Pattern of Aid Giving

Author : Eric Neumayer
Publisher : Routledge
ISBN 13 : 1134428782
Total Pages : 130 pages
Book Rating : 4.1/5 (344 download)

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Book Synopsis The Pattern of Aid Giving by : Eric Neumayer

Download or read book The Pattern of Aid Giving written by Eric Neumayer and published by Routledge. This book was released on 2003-04-24 with total page 130 pages. Available in PDF, EPUB and Kindle. Book excerpt: Practically all donor countries that give aid claim to do so on the basis on the recipient's good governance, but do these claims have a real impact on the allocation of aid? Are democratic, human rights-respecting, countries with low levels of corruption and military expenditures actually likely to receive more aid than other countries?Using econo

Does Foreign Aid Really Work?

Author : Roger C. Riddell
Publisher : Oxford University Press
ISBN 13 : 0199544468
Total Pages : 531 pages
Book Rating : 4.1/5 (995 download)

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Book Synopsis Does Foreign Aid Really Work? by : Roger C. Riddell

Download or read book Does Foreign Aid Really Work? written by Roger C. Riddell and published by Oxford University Press. This book was released on 2008-08-07 with total page 531 pages. Available in PDF, EPUB and Kindle. Book excerpt: Provided for over 60 years, and expanding more rapidly today than it has for a generation, foreign aid is now a $100bn business. But does it work? Indeed, is it needed at all? In this first-ever, overall assessment of aid, Roger Riddell provides a rigorous but highly readable account of aid, warts and all.

The Impact of Foreign Aid on Government Expenditure in Ethiopia

Author : Fikadu Goshu
Publisher : GRIN Verlag
ISBN 13 : 3656862702
Total Pages : 76 pages
Book Rating : 4.6/5 (568 download)

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Book Synopsis The Impact of Foreign Aid on Government Expenditure in Ethiopia by : Fikadu Goshu

Download or read book The Impact of Foreign Aid on Government Expenditure in Ethiopia written by Fikadu Goshu and published by GRIN Verlag. This book was released on 2014-12-17 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt: Scientific Study from the year 2014 in the subject Economics - Case Scenarios, Wollega University (Department of Economics), language: English, abstract: This study has examined the impact of foreign aid on government expenditure in Ethiopia over the period 1981 to 2012 using Multivariate Vector Auto Regression analysis. All the necessary time series tests such as stationary test, co-integration, weak exiguity, and other tests are conducted. The empirical result from the long run fungibility equation result indicates that sectoral aid has negative effect on its sector spending in developmental sectors except for agricultural sector government spending. The estimate of agricultural aid also support that a 1percent increase in agricultural aid leads to a 0.83percent increase in agricultural spending. Aid other than health aid also has positive impact on health spending. The positive coefficient of aid other than the health implies that there is an aid diversion towards health sector from the others. The negative coefficients of sectoral aid on the sector spending and the negative coefficients of aid other than sector-specific aid, indicate diversion of aid away from the specific sector. Negative coefficients of explanatory variables may arise when there is a diversion of categorical aid from developmental investment towards non developmental expenditure such as general service government expenditures. The result also shows education aid is fungible both in short and long run. Health aid is fungible in the long run but not in the short run. Agriculture aid is non fungible in both long and short run in Ethiopia. The coefficient of aid other than education aid has positive sign that implies the diversion of foreign aid to the education sector. Foreign aid have also negative impact on all of non developmental government spending In order to get the desired benefit from foreign aid, Ministry of Finance and Economic Development has to set sound financial management system which stimulates economic growth and mitigate any diversion of developmental sector aid to other non developmental expenditure particularly in education and health sectors. Therefore, effective and efficient monitoring system which was purpose oriented utilization of foreign aid is central to make sectoral spending non fungible in Ethiopia.

China's Foreign Aid and Government-Sponsored Investment Activities

Author : Charles Jr. Wolf
Publisher : Rand Corporation
ISBN 13 : 9780833081285
Total Pages : 0 pages
Book Rating : 4.0/5 (812 download)

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Book Synopsis China's Foreign Aid and Government-Sponsored Investment Activities by : Charles Jr. Wolf

Download or read book China's Foreign Aid and Government-Sponsored Investment Activities written by Charles Jr. Wolf and published by Rand Corporation. This book was released on 2013-09-18 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: With the world's second largest economy, China has the capacity to engage in substantial programs of development assistance and government investment in any and all of the emerging-market countries. RAND researchers assessed the scale, trends, and composition of these programs in 93 countries in six regions: Africa, Latin America, the Middle East, South Asia, Central Asia, and East Asia.