Aid and Income Stabilization

Sampawende Tapsoba and Sylviane Guillaumont Jeanneney ()

No 200916, Working Papers from CERDI

Abstract: This article contributes to the debate on aid volatility and argues that official assistance copes with exogenous output shocks in recipient countries and stabilizes resources available for the financing of consumption, investment and net trade. Stabilizing aid is effective in aid-dependent and vulnerable states. Aid volatility and disbursement lags are not significant determinants of the stabilizing impact of aid.

Keywords: Foreign aid; Income stabilization; Developing countries (search for similar items in EconPapers)
Pages: 28
Date: 2009
New Economics Papers: this item is included in nep-dev
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Citations: View citations in EconPapers (4)

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Related works:
Journal Article: Aid and Income Stabilization (2012)
Working Paper: Aid and Income Stabilization (2012)
Working Paper: Aid and Income Stabilization (2011)
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