Foreign Aid And Consumption Smoothing

Author : Mr.Benedict J. Clements,Mr.Sanjeev Gupta,Mr.Erwin Tiongson
Publisher : International Monetary Fund
Page : 27 pages
File Size : 54,5 Mb
Release : 2003-02-01
Category : Business & Economics
ISBN : 9781451845990

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Foreign Aid and Consumption Smoothing by Mr.Benedict J. Clements,Mr.Sanjeev Gupta,Mr.Erwin Tiongson Pdf

Global food aid is considered a critical consumption smoothing mechanism in many countries. However, its record of stabilizing consumption has been mixed. This paper examines the cyclical properties of food aid with respect to food availability in recipient countries, with a view to assessing its impact on consumption in some 150 developing countries and transition economies, covering 1970 to 2000. The results show that global food aid has been allocated to countries most in need. Food aid has also been countercyclical within countries with the greatest need. However, for most countries, food aid is not countercyclical. The amount of food aid provided is also insufficient to mitigate contemporaneous shortfalls in consumption. The results are robust to various specifications and filtering techniques and have important implications for macroeconomic and fiscal management.

Author : Sanjeev Gupta,Benedict Clements,Erwin R. Tiongson
Publisher : Unknown
Page : 0 pages
File Size : 51,8 Mb
Release : 2015
Category : Electronic
ISBN : OCLC:1375338364

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Foreign Aid and Consumption Smoothing by Sanjeev Gupta,Benedict Clements,Erwin R. Tiongson Pdf

The paper examines the cyclical properties of food aid with respect to food availability in recipient countries, with a view to assessing its impact on consumption in some 150 developing countries and transition economies, covering 1970 to 2000. The results show that global food aid has been allocated to countries most in need. Food aid has also been countercyclical within countries with the greatest need. However, for most countries, food aid is not countercyclical. The amount of food aid provided is also insufficient to mitigate contemporaneous shortfalls in consumption.

Author : Jakob Svensson
Publisher : World Bank Publications
Page : 38 pages
File Size : 46,6 Mb
Release : 1997
Category : Ayuda economica
ISBN : 8210379456XXX

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When is Foreign Aid Policy Credible? by Jakob Svensson Pdf

Author : Cristina Arellano,Ales Bulir,Timothy D. Lane,Leslie Lipschitz
Publisher : INTERNATIONAL MONETARY FUND
Page : 41 pages
File Size : 44,7 Mb
Release : 2005-06-01
Category : Electronic
ISBN : 1451861389

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The Dynamic Implications of Foreign Aid and Its Variability by Cristina Arellano,Ales Bulir,Timothy D. Lane,Leslie Lipschitz Pdf

The paper examines the effects of aid and its volatility on consumption, investment, and the structure of production in the context of an intertemporal two-sector general equilibrium model. A permanent flow of aid finances mainly consumption, a result consistent with the historical failure of aid inflows to translate into sustained growth. Shocks to aid are reflected mainly in investment fluctuations, as a result of consumption smoothing. Aid shocks result in substantial welfare losses, suggesting that aid variability should be taken into account in designing aid architecture. These results are consistent with the evidence from cross-country regressions of manufactured exports.

Author : Sanjeev Gupta,Benedict J. Clements,Erwin R. Tiongson
Publisher : Unknown
Page : 34 pages
File Size : 55,6 Mb
Release : 2003
Category : Consumption (Economics)
ISBN : UCSD:31822031997679

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Foreign Aid and Consumption Smoothing by Sanjeev Gupta,Benedict J. Clements,Erwin R. Tiongson Pdf

Author : International Monetary Fund. Research Dept.
Publisher : International Monetary Fund
Page : 183 pages
File Size : 47,9 Mb
Release : 2006-12-15
Category : Business & Economics
ISBN : 9781589065819

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IMF Staff Papers, Volume 53, No. 3 by International Monetary Fund. Research Dept. Pdf

This is the final issue for 2006 (Volume 53), and contains another paper in the occasional Special Data Section that seeks to measure financial development in the Middle East and North Africa by utilizing a new database. The issue also contains a comment from Jacques J. Polak on parity reversion in real exchange rates.

Author : Mr.Ashoka Mody,Mr.Alessandro Rebucci
Publisher : International Monetary Fund
Page : 184 pages
File Size : 53,8 Mb
Release : 2006-04-03
Category : Business & Economics
ISBN : 1589063619

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IMF-Supported Programs by Mr.Ashoka Mody,Mr.Alessandro Rebucci Pdf

Research work by the IMF’s staff on the effectiveness of the country programs the organization supports, which has long been carried out, has intensified in recent years. IMF analysts have sought to “open up the black box” by more closely examining program design and implementation, as well as how these influence programs’ effectiveness. Their efforts have also focused on identifying the lending, signaling, and monitoring features of the IMF that may affect member countries’ economic performance. This book reports on a large portion of both the new and the continuing research. It concludes that IMF programs work best where domestic politics and institutions permit the timely implementation of the necessary measures and when a country is vulnerable to, but not yet in, a crisis. It points to the need for a wider recognition of the substantial diversity among IMF member countries and for programs to be tailored accordingly while broadly maintaining the IMF’s general principle of uniformity of treatment.

Author : Anonim
Publisher : World Bank Publications
Page : 164 pages
File Size : 48,7 Mb
Release : 1998
Category : Political Science
ISBN : 0195211235

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Assessing Aid by Anonim Pdf

Assessing Aid determines that the effectiveness of aid is not decided by the amount received but rather the institutional and policy environment into which it is accepted. It examines how development assistance can be more effective at reducing global poverty and gives five mainrecommendations for making aid more effective: targeting financial aid to poor countries with good policies and strong economic management; providing policy-based aid to demonstrated reformers; using simpler instruments to transfer resources to countries with sound management; focusing projects oncreating and transmitting knowledge and capacity; and rethinking the internal incentives of aid agencies.

Author : K. L. Gupta
Publisher : Springer Science & Business Media
Page : 285 pages
File Size : 54,9 Mb
Release : 2012-12-06
Category : Business & Economics
ISBN : 9781461550952

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Foreign Aid: New Perspectives by K. L. Gupta Pdf

Foreign aid has been an area of active scholarly investigation since the end of the Second World War, but particularly since the early 1950s when a large number of the erstwhile colonies became independent. Few areas of public policy involving the developed and developing countries have aroused more passion and ideological debate than foreign aid. In spite of the massive amount of research in the field, there is still not enough work in two areas: the first involves the mechanisms through which aid influences the economies of the donor and the recipient countries; and the second, country-specific assessments of the effectiveness of foreign aid. Foreign Aid: New Perspectives is aimed at making a contribution in these two areas. The contents of this volume are divided into four parts. Part I deals with some theoretical aspects of foreign aid, while the second part analyzes some general policy aspects. Part III turns to the donor experience and includes one paper on the Danish experience. The last part considers the recipient experience and consists of five case studies.

Author : T. Addison,H. Hansen,F. Tarp
Publisher : Springer
Page : 324 pages
File Size : 54,6 Mb
Release : 2004-06-11
Category : Business & Economics
ISBN : 9780230522329

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Debt Relief for Poor Countries by T. Addison,H. Hansen,F. Tarp Pdf

After a massive international campaign calling attention to the development impact of foreign debt, the Heavily Indebted Poor Countries (HIPC) initiative is now underway. But will the HIPC Initiative meet its high expectations? Will debt relief substantially raise growth? How do we make sure that debt relief benefits poor people? And how can we ensure that poor countries do not become highly indebted again? These are some of the key policy issues covered in this rigorous and independent analysis of debt, development, and poverty.

Author : George Mavrotas,Mark McGillivray
Publisher : Springer
Page : 264 pages
File Size : 42,9 Mb
Release : 2009-01-15
Category : Business & Economics
ISBN : 9780230595163

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Development Aid by George Mavrotas,Mark McGillivray Pdf

This book addresses several gaps in knowledge of aid allocation and effectiveness and provides new analytical insights. Topics covered include the interface between aid allocation and perceptions of aid effectiveness, the year-on-year volatility of aid and evaluation of the country-level impacts of aid.

Author : Christopher B. Barrett,Dan Maxwell
Publisher : Routledge
Page : 344 pages
File Size : 40,9 Mb
Release : 2007-05-07
Category : Business & Economics
ISBN : 9781135992965

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Food Aid After Fifty Years by Christopher B. Barrett,Dan Maxwell Pdf

This book analyzes the impact food aid programmes have had over the past fifty years, assessing the current situation as well as future prospects. Issues such as political expediency, the impact of international trade and exchange rates are put under the microscope to provide the reader with a greater understanding of this important subject matter. This book will prove vital to students of development economics and development studies and those working in the field.

Author : Yves Bourdet,Joakim Gullstrand,Karin Olofsdotter
Publisher : Edward Elgar Publishing
Page : 240 pages
File Size : 43,6 Mb
Release : 2007-01-01
Category : Social Science
ISBN : 1781008736

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The European Union and Developing Countries by Yves Bourdet,Joakim Gullstrand,Karin Olofsdotter Pdf

The EU is the main trading partner of developing countries, and the main provider of development aid. The contributors to this book evaluate critical aspects of EU trade and aid policies in order to ascertain whether, and to what extent, they help promote growth and accelerate the development of the Third World.

Author : Mr.Antonio David
Publisher : International Monetary Fund
Page : 36 pages
File Size : 44,9 Mb
Release : 2010-07-01
Category : Business & Economics
ISBN : 9781455201778

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How do International Financial Flows to Developing Countries Respond to Natural Disasters? by Mr.Antonio David Pdf

This paper uses multivariate dynamic panel analysis to examine the response of international financial flows to natural disasters. The models estimated for a large sample of developing countries point to differentiated responses of specific types of financial flows. The results show that remittance inflows increase significantly in response to shocks to both climatic and geological disasters. The models suggest a nuanced role for foreign aid. While the responses of aid flows to natural disaster shocks in general tend not to be statistically significant, international assistance to low income countries increases following geological disaster shocks. Furthermore, the results show that typically, other private capital flows (bank lending and equity) do not attenuate the effects of disasters and in some specifications, even amplify the negative economic effects of these events. The conclusions of the paper have implications for capital/financial account management policies. In particular, countries should take their vulnerability to natural disasters into account when considering the costs and benefits of the liberalization of private capital flows.

Author : Mr.James Daniel
Publisher : International Monetary Fund
Page : 80 pages
File Size : 45,5 Mb
Release : 2006-08-17
Category : Business & Economics
ISBN : 1589065131

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Fiscal Adjustment for Stability and Growth by Mr.James Daniel Pdf

The pamphlet (which updates the 1995 Guidelines for Fiscal Adjustment) presents the IMF’s approach to fiscal adjustment, and focuses on the role that sound government finances play in promoting macroeconomic stability and growth. Structured around five practical questions—when to adjust, how to assess the fiscal position, what makes for successful adjustment, how to carry out adjustment, and which institutions can help—it covers topics such as tax policies, debt sustainability, fiscal responsibility laws, and transparency.