This study measures the effects of international income, price and monetary shocks on income in 13 African countries through the Foreign Aid channel between 1970 and 2007, using a SVAR Model. We develop theoretical and empirical models that characterize these exposures. The results confirm that...

The environmental poverty trap (see for example: Fodha and Seegmuller, 2012; 2014) gives renewed interest to the analysis of the economic effects of environmental policy financing in developing countries. Our contribution to the literature is to analyze the effect on public debt dynamics of...