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What Does Aid Do to Fiscal Policy? New Evidence

Combes, Jean-Louis - 2016

Foreign aid is a sizable source of government financing for several developing countries and its allocation matters for the conduct of fiscal policy. This paper revisits fiscal effects of shifts in aid dependency in 59 developing countries from 1960 to 2010. It identifies structural shifts in...

Persistent link: https://www.econbiz.de/10012977858

How Do Climate Shocks Affect the Impact of FDI, ODA and Remittances on Economic Growth?

Drabo, Alassane - 2022

The three main financial inflows to developing countries have largely increased during the last two decades, despite the large debate in the literature regarding their effects on economic growth which is not yet clear-cut. An emerging literature investigates the dependence of their effects on...

Persistent link: https://www.econbiz.de/10013306770

The Unequal Benefits of Fuel Subsidies Revisited : Evidence for Developing Countries

Coady, David P. - 2016

designing, and gaining public support for, subsidy reform. This paper updates evidence for developing countries on the magnitude … of the welfare impact of subsidy reform and its distribution across income groups, incorporating more recent studies and … subsidy reform for countries where the data necessary for such an analysis is not available …

Persistent link: https://www.econbiz.de/10012999743

Do IMF-Supported Programs Catalyze Donor Assistance to Low-Income Countries?

Bal-Gunduz, Yasemin - 2014

This study explores whether IMF-supported programs in low-income countries (LICs) catalyze Official Development Assistance (ODA). Based on a comprehensive set of ODA measures and using Propensity Score Matching approach to address selection bias, we show that programs addressing policy or...

Persistent link: https://www.econbiz.de/10013040408

Aid and the Dutch Disease in Low-Income Countries : Informed Diagnoses for Prudent Prognoses

Nkusu, Mwanza - 2014

This paper demonstrates that the Dutch disease need not materialize in low-income countries that can draw on their idle productive capacity to satisfy the aid-induced increased demand. Diagnoses on, and prognoses for, the Dutch disease should take into account country-specific circumstances to...

Persistent link: https://www.econbiz.de/10012752440

Why Do Some Countries Manage to Extract Growth from Foreign Aid?

Ruhashyankiko, Jean-François - 2021

Aid is primarily given to governments whereas the engine of sustained growth is the private sector. It is therefore illusory to investigate the impact of aid on growth without considering the impact of government interventions on the private sector. The model shows how these interventions...

Persistent link: https://www.econbiz.de/10013318070

The Macroeconomic and Distributional Implications of Fiscal Consolidations in Low-Income Countries

Peralta-Alva, Adrian - 2018

We quantitatively investigate the macroeconomic and distributional impacts of fiscal consolidations in low-income countries (LICs) through value added tax (VAT), personal income tax (PIT), and corporate income tax (CIT). We extend the standard heterogeneous agents incomplete markets model by...

Persistent link: https://www.econbiz.de/10012913913

Unintended Consequences of U. S. Monetary Policy Shocks : Dutch Disease and Capital Flow Measures in Emerging Markets and Developing Economies

Yépez, Juan F. - 2022

Dutch disease is often referred as a situation in which large and sustained foreign currency inflows lead to a contraction of the tradable sector by giving rise to a real appreciation of the home currency. This paper documents that this syndrome has been witnessed by many emerging markets and...

Persistent link: https://www.econbiz.de/10013306761

Epidemics, Gender, and Human Capital in Developing Countries

Fabrizio, S.; Gomes, Diego; Meyimdjui, Carine; Mendes … - 2022

Epidemics have disrupted lives for centuries with deleterious human capital and economic repercussions. In this paper, we investigate how epidemics episodes have impacted school dropouts in developing countries, considering 623 epidemics episodes across countries from 1970 to 2019. Our estimates...

Persistent link: https://www.econbiz.de/10013306727

Generational Aspects of Inclusive Growth

Baduel, Bénédicte; Ter-Martirosyan, Anna; Isakova, Asel - 2021

Sharing economic benefits equitably across all segments of society includes addressing the specific challenges of different generations. At present, youth and elderly are particularly vulnerable to poverty relative to adults in their middle years. Broad-based policies should aim to foster youth...

Persistent link: https://www.econbiz.de/10013226436