The authors apply the dynamic macroeconomic framework developed by Agénor, Bayraktar, and El Aynaoui (2004) to Niger. As in the original model, linkages between foreign aid, public investment (disaggregated into education, infrastructure, and health), and growth are explicitly captured. Although the nominal exchange rate is fixed, the relative price of domestic goods is endogenous, thereby allowing for potential Dutch disease effects associated with...
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ПОДРОБНАЯ ИНФОРМАЦИЯ
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2005/02/01
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Рабочий документ в рамках исследования вопросов политики
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WPS3506
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1
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1
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2010/07/01
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A macroeconomic framework for quantifying growth and poverty reduction strategies in Niger
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public capital
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