Aid and macroeconomic performance : theory, empirical evidence and four country cases
Author(s)
Bibliographic Information
Aid and macroeconomic performance : theory, empirical evidence and four country cases
(International finance and development series)
Macmillan , St. Martin's Press, 1998
- : uk
- : us
Available at 27 libraries
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Graduate School of Asian and African Area Studies, Kyoto Universityアフリカ専攻
: uk333.8||Whi00038254
Note
"In association with Institute of Social Studies"--T.p.
Includes bibliographical references and index
Description and Table of Contents
- Volume
-
: us ISBN 9780312212643
Description
The growth models of the 1960s ascribed a central role to aid in the development process. Thirty years later donors and the public alike are disillusioned. Many academics even argue that aid has been harmful. The first half of this book is a rigorous, systematic and up to date review of the theoretical and empirical debates about aid's macroeconomic impact. It is argued that a proper understanding of the various channels through which aid affects the macroeconomy requires careful analysis of the links between aid, the policy environment and economic performance at the country level. The second part of the book comprises four country case studies: Guinea-Bissau, Nicaragua, Tanzania and Zambia. The authors examine the impact aid has on a range of key macroeconomic aggregates -- savings, investment, imports, exports and the government budget -- and show aid has a significant impact on both the level and composition of most of these variables, enabling aid to make a positive contribution to these countries' development.
- Volume
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: uk ISBN 9780333731604
Description
This book presents an accounting framework to critically review existing studies of aid's macroeconomic effects and as a basis for four country studies on Guinea-Bissau, Nicaragua, Tanzania and Zambia. This framework focuses on the impact of different types of aid on the level and composition of key macroeconomic aggregates such as imports, investment and government expenditure. The importance of the relationship between aid and policy reform is also stressed. The case studies find that aid has had a generally positive contribution, though recommendations to further improve aid impact are also given.
Table of Contents
Introduction Literature Review Aid-supported Policy Reform Different Types of Aid Guinea-Bissau Nicaragua Tanzania Zambia Conclusions
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