Author : Mark McGillivray
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (129 download)
Book Synopsis Aid, Debt Burden and Government Fiscal Behaviour in COcirc;Te DApos;Ivoire by : Mark McGillivray
Download or read book Aid, Debt Burden and Government Fiscal Behaviour in COcirc;Te DApos;Ivoire written by Mark McGillivray and published by . This book was released on 2010 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines the impact of foreign aid on public sector fiscal behaviour in Cocirc;te d`Ivoire. A special interest is the relationship between aid, debt servicing and debt, given that Cocirc;te d`Ivoire is a highly indebted country. The theoretical model employed differs from those of previous studies by highlighting the interaction between debt servicing and the other fiscal variables, providing information on aid and fiscal behaviour that its predecessors cannot. This model is estimated using 1975-99 time series data. Two key findings emerge: (i) the majority of aid inflows are allocated to expenditure on debt servicing; and (ii) these inflows are associated with increases in the level of public debt.
