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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Beste egile batzuk: | |
Formatua: | Aldizkaria |
Hizkuntza: | English |
Argitaratua: |
Washington, D.C. :
International Monetary Fund,
2008.
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Saila: | IMF Working Papers; Working Paper ;
No. 2008/034 |
Sarrera elektronikoa: | Full text available on IMF |