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...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Aiyar, Shekhar
Weitere Verfasser: Ruthbah, Ummul Hasanath
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2008.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2008/034
Online Zugang:Full text available on IMF