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...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Aiyar, Shekhar
مؤلفون آخرون: Ruthbah, Ummul Hasanath
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2008.
سلاسل:IMF Working Papers; Working Paper ; No. 2008/034
الوصول للمادة أونلاين:Full text available on IMF