Where Did All the Aid Go? : An Empirical Analysis of Absorption and Spending /
This paper examines the macroeconomic usage of aid using panel data for a broad sample of aid-recipients. By definition an increase in aid must go toward a reduction in the current account balance (absorbed aid), an increase in capital outflows, or reserve accumulation. It is found that short-run ab...
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| Format: | Revija |
| Jezik: | English |
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Washington, D.C. :
International Monetary Fund,
2008.
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| Serija: | IMF Working Papers; Working Paper ;
No. 2008/034 |
| Online dostop: | Full text available on IMF |