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: | Zeitschrift |
Sprache: | English |
Veröffentlicht: |
Washington, D.C. :
International Monetary Fund,
2008.
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Schriftenreihe: | IMF Working Papers; Working Paper ;
No. 2008/034 |
Online Zugang: | Full text available on IMF |