The Fiscal Response to External Finance in Africa: and Alternative Approach

Alemayehu Geda ()

Working Papers - Money, Finance & Development from Institute of Social Studies

Abstract: In the macroeconomics of developing countries, the government's fiscal response to external finance is exclusively studied using an optimization framework. This approach not only is inherently inconsistent by diverges from the reality in developing countires in general and African economies in particular. This paper proposes an alternative decision making framework which is based on stylized facts in Africa.

Keywords: AFRICA; GOVERNMENT PURCHASING; TAXATION (search for similar items in EconPapers)
JEL-codes: D81 O11 (search for similar items in EconPapers)
Pages: 23 pages
Date: 1996
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:iss:mfdwpr:61

Access Statistics for this paper

More papers in Working Papers - Money, Finance & Development from Institute of Social Studies Contact information at EDIRC.
Bibliographic data for series maintained by Saskia Scheffer ( this e-mail address is bad, please contact ).