Fiscal Effects of Aid

Mark McGillivray and Oliver Morrissey

No DP2001-61, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: It is clear from the implications of growth theory that the impact of aid depends on how it affects savings, investment and government behaviour. In respect of low-income c ountries, which are the principal aid recipients and the economies for which the issue of the impact of aid on growth is most important, it is government that is most important. This paper presents a review of studies that address the impact of aid on government fiscal behaviour. In particular, the focus is on fungibility and fiscal response studies.

Keywords: Economic assistance and foreign aid; Econometric models (Economic development); Public expenditures; Fiscal policy (search for similar items in EconPapers)
Date: 2001
References: Add references at CitEc
Citations: View citations in EconPapers (33)

Downloads: (external link)
https://www.wider.unu.edu/sites/default/files/dp2001-61.pdf (application/pdf)

Related works:
Working Paper: Fiscal Effects of Aid (2010)
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:unu:wpaper:dp2001-61

Access Statistics for this paper

More papers in WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER) Contact information at EDIRC.
Bibliographic data for series maintained by Siméon Rapin ().