The paper explores the effects of aid on the quality of public expenditure in highly-aided countries. The theoretical considerations are discussed along with the nature of donors and recipients as agents. Existing aid modalities are examined. The influences of the modalities on both macroeconomic stance and policy, and microeconomic aspects are the focus of two sections. Critical issues are the macroeconomic impact, the activity choice, input mix...
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2003/09/01
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Рабочие документы
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26960
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1
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1
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2010/07/01
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How does aid affect the quality of public expenditure? What we know and what we do not know
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public expenditure
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