Consequences of Aid Volatility for Macroeconomic Management and Aid Effectiveness

John Hudson

No wp-2012-035, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: This paper reviews both the literature on aid volatility and also adds to that literature. In general, the focus of this literature has been on the volatility of overall aid, while we focus more on the volatility of the individual aid sectors, e.g., education aid. In doing this, detailed use is made of the Creditor Reporting System (CRS) database on aid commitments and disbursements, particularly the latter. Key aid sectors in explaining total aid volatility relate to debt, programme assistance, infrastructure and government. This reflects both these sectors' volatility and their size.

Keywords: Economic assistance and foreign aid; Education; Macroeconomics (search for similar items in EconPapers)
Date: 2012
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Citations: View citations in EconPapers (3)

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Related works:
Journal Article: Consequences of Aid Volatility for Macroeconomic Management and Aid Effectiveness (2015)
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