Using a model of aid fungibility, the authors examine the relationship between foreign aid and public spending. Based on a panel of cross-country and time-series data, their results show that roughly 75 cents of every dollar given in net development assistance goes to current spending and 25 cents to capital spending in the recipient countries. But concessionary loans - a component of development assistance - stimulate far more government spending...
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ПОДРОБНАЯ ИНФОРМАЦИЯ
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1996/05/31
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Рабочий документ в рамках исследования вопросов политики
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WPS1610
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1
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1
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2010/07/01
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Foreign aid's impact on public spending
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concessionary loan
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Официальная версия документа (может содержать подписи, и т.д.)