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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Xehetasun bibliografikoak
Egile nagusia: Aiyar, Shekhar
Beste egile batzuk: Ruthbah, Ummul Hasanath
Formatua: Aldizkaria
Hizkuntza:English
Argitaratua: Washington, D.C. : International Monetary Fund, 2008.
Saila:IMF Working Papers; Working Paper ; No. 2008/034
Sarrera elektronikoa:Full text available on IMF