Fiscal Effects of Aid
Published By: UNU-WIDER on eSS | Published Date: August, 19 , 2001It is clear from the implications of growth theory that the impact of aid depends on how
it affects savings, investment and government behaviour. In respect of low-income
countries, which are the principal aid recipients and the economies for which the issue
of the impact of aid on growth is most important, it is government that is most
important. This paper presents a review of studies that address the impact of aid on
government fiscal behaviour. In particular, the focus is on fungibility and fiscal
response studies. [Discussion Paper No. 2001/61]
Author(s): Oliver Morrissey, Mark McGillivray | Posted on: Nov 19, 2010 | Views(756) | Download (715)