The Impact Of Foreign Aid On Public Expenditure
DOWNLOAD
READ
Download The Impact Of Foreign Aid On Public Expenditure PDF/ePub or read online books in Mobi eBooks. Click Download or Read Online button to get The Impact Of Foreign Aid On Public Expenditure book now. This website allows unlimited access to, at the time of writing, more than 1.5 million titles, including hundreds of thousands of titles in various foreign languages. If the content not found or just blank you must refresh this page
The Impact Of Foreign Aid On Public Expenditure
DOWNLOAD
READ
Author : James Njeru
language : en
Publisher:
Release Date : 2003
The Impact Of Foreign Aid On Public Expenditure written by James Njeru and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003 with Economic assistance categories.
Foreign Aid S Impact On Public Spending
DOWNLOAD
READ
Author : Tarhan Feyzioglu
language : en
Publisher: World Bank Publications
Release Date : 1999
Foreign Aid S Impact On Public Spending written by Tarhan Feyzioglu and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999 with categories.
May 1996 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. Their results also show that aid increases both public and private investment. To test aid fungibility across both public spending categories, they use a newly constructed data series on the net disbursement of concessionary loans. They find that concessionary loans given to the transport and communication sector are fully nonfungible. But loans to the energy sector are converted into fungible monies and part of the funds leak into transport and communications. Loans to agriculture and education are also fungible. There is no evidence of concessionary funds being diverted for military purposes. Their results show that total public spending in the health sector has no impact on reducing infant mortality, but concessionary loans to the health sector do. This finding leads the authors to conclude that linking foreign aid to an agreed-upon public spending program in areas critical to development might be an effective way to transfer resources to developing countries.
The Impact Of Foreign Aid On Government Expenditure In Ethiopia
DOWNLOAD
READ
Author : Fikadu Goshu
language : en
Publisher: GRIN Verlag
Release Date : 2014-12-17
The Impact Of Foreign Aid On Government Expenditure In Ethiopia written by Fikadu Goshu and has been published by GRIN Verlag this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-12-17 with Business & Economics categories.
Scientific Study from the year 2014 in the subject Economics - Case Scenarios, Wollega University (Department of Economics), language: English, abstract: This study has examined the impact of foreign aid on government expenditure in Ethiopia over the period 1981 to 2012 using Multivariate Vector Auto Regression analysis. All the necessary time series tests such as stationary test, co-integration, weak exiguity, and other tests are conducted. The empirical result from the long run fungibility equation result indicates that sectoral aid has negative effect on its sector spending in developmental sectors except for agricultural sector government spending. The estimate of agricultural aid also support that a 1percent increase in agricultural aid leads to a 0.83percent increase in agricultural spending. Aid other than health aid also has positive impact on health spending. The positive coefficient of aid other than the health implies that there is an aid diversion towards health sector from the others. The negative coefficients of sectoral aid on the sector spending and the negative coefficients of aid other than sector-specific aid, indicate diversion of aid away from the specific sector. Negative coefficients of explanatory variables may arise when there is a diversion of categorical aid from developmental investment towards non developmental expenditure such as general service government expenditures. The result also shows education aid is fungible both in short and long run. Health aid is fungible in the long run but not in the short run. Agriculture aid is non fungible in both long and short run in Ethiopia. The coefficient of aid other than education aid has positive sign that implies the diversion of foreign aid to the education sector. Foreign aid have also negative impact on all of non developmental government spending In order to get the desired benefit from foreign aid, Ministry of Finance and Economic Development has to set sound financial management system which stimulates economic growth and mitigate any diversion of developmental sector aid to other non developmental expenditure particularly in education and health sectors. Therefore, effective and efficient monitoring system which was purpose oriented utilization of foreign aid is central to make sectoral spending non fungible in Ethiopia.
The Impact Of Foreign Aid On Government Expenditure In Ethiopia
DOWNLOAD
READ
Author : Abas Mohammed
language : en
Publisher: LAP Lambert Academic Publishing
Release Date : 2014-08-12
The Impact Of Foreign Aid On Government Expenditure In Ethiopia written by Abas Mohammed and has been published by LAP Lambert Academic Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-08-12 with categories.
Foreign aid has been an identified issue among researchers for the last seven decades through various debatable questions in different period.Given, absence of common consensus among researchers regarding the issues raised, foreign aid continued to play an important role in developing countries, especially in sub Saharan African countries. Foreign aid affects the economic growth through different ways of which the impact on government expenditure is one of them. The empirical analysis on this area is not well researched in Ethiopia. This study tries to fill the gap and uses latest and more detailed data.The study primarily assess relationship of foreign aid and the government expenditures and tries to look the case of fungibility by dis aggregating non developmental sectors expenditures and developmental sectors in aggregate.The empirical results indicate that the flow of foreign aid does influence government spending patterns.Capital expenditure is positively and significantly affected by foreign Aid and also Foreign Aid finances Non- developmental Expenditures.
Foreign Aid S Impact On Public Spending
DOWNLOAD
READ
Author : Vinaya Swaroop
language : en
Publisher:
Release Date : 2016
Foreign Aid S Impact On Public Spending written by Vinaya Swaroop and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016 with categories.
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. Their results also show that aid increases both public and private investment. To test aid fungibility across both public spending categories, they use a newly constructed data series on the net disbursement of concessionary loans. They find that concessionary loans given to the transport and communication sector are fully nonfungible. But loans to the energy sector are converted into fungible monies and part of the funds leak into transport and communications. Loans to agriculture and education are also fungible. There is no evidence of concessionary funds being diverted for military purposes. Their results show that total public spending in the health sector has no impact on reducing infant mortality, but concessionary loans to the health sector do. This finding leads the authors to conclude that linking foreign aid to an agreed-upon public spending program in areas critical to development might be an effective way to transfer resources to developing countries.
The Fiscal Impact Of Foreign Aid In Rwanda A Theoretical And Empirical Analysis
DOWNLOAD
READ
Author : Kene Ezemenari Ephraim Kebede and Sajal Lahiri
language : en
Publisher: World Bank Publications
Release Date : 2008
The Fiscal Impact Of Foreign Aid In Rwanda A Theoretical And Empirical Analysis written by Kene Ezemenari Ephraim Kebede and Sajal Lahiri and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008 with Debt categories.
Abstract: The inflow of large quantities of foreign aid into Rwanda since 1994 can have potential adverse effects such as aid dependency via a significant negative effect on tax efforts and on public investments. This paper carries out a theoretical and empirical study to examine these issues. The theoretical part develops a model in which the recipient government decides on the optimal level of tax and optimally allocates total government revenue between current expenditure and public investment. The theoretical model makes it possible to empirically test whether an increase in aid is likely to reduce the optimal tax rate and the proportion of public expenditure allocated to public investment. The econometric analysis uses time series data on Rwanda to show, in line with other studies in the literature, a negative relationship between increased aid and the tax rate; but the magnitude of the effects are extremely small. In the case of Rwanda, reforms to the tax administration and expansion of the tax base have had mitigating effects. As far as the effect on public investment, the overall effect was negative in the past; however, since 1995 the direction of this effect has changed.
Foreign Aid And Government Fiscal Behavior In Zambia
DOWNLOAD
READ
Author : Jones Bowa
language : en
Publisher: GRIN Verlag
Release Date : 2020-09-29
Foreign Aid And Government Fiscal Behavior In Zambia written by Jones Bowa and has been published by GRIN Verlag this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-09-29 with Business & Economics categories.
Master's Thesis from the year 2016 in the subject Economics - Case Scenarios, grade: Great Distinction, University of Antwerp (Institute of Development Policy and Management (IOB)), language: English, abstract: The paper investigates the relationship between foreign aid and government fiscal behavior. An overview of the global trend of foreign aid flows over the last few decades is provided, as well as literature and research on fiscal response studies that have aimed to examine how these aid flows influence the fiscal decisions of aid recipient governments. The paper assesses the impact of foreign aid flows on fiscal aggregates, taking into focus the case of Zambia. In particular, the paper goes into detail examining how government investment, consumption, revenue, and domestic borrowing are associated with both aggregated and disaggregated aid. The paper adopts a quantitative approach in its analysis. A Vector Error Correction approach was used to estimate the relationship between foreign aid and fiscal aggregates data for Zambia over the period 1970-2014. The econometric estimation used annual data and analyzed both short-run and long-run effects. The following were the findings: Foreign aid flows were found to be positively associated with government investment, consumption, and domestic borrowing. While government revenue was negatively associated with foreign aid. In the short-run, it was observed that grants were used to reduce the level of the country’s domestic debt stock. Whereas, net foreign loans were seen as a substitute for domestic revenues and were used to finance the budget deficit. The paper concluded by providing a number of recommendations that suggested improvement in government’s revenue mobilization efforts, effective management of the country’s domestic debt, and the deliberate action to direct revenue resources towards investment expenditure. In order to achieve sustained growth and ensure the effective use of aid, donor partners were recognized as important actors in supporting the government’s fiscal policy direction. There has been high momentum in the scaling up of foreign aid in recent years. The turn of the millennium saw calls by the development community to increase foreign aid to developing countries so as to assist them in attaining the Millennium Development Goals. The mechanisms through which foreign aid flows are transmitted to recipient countries require that the aid resources are channeled through the government. Thus, for foreign aid to have any meaningful impact is highly dependent on how governments respond to inflows of aid.
Sectoral Analysis Of The Impact Of Foreign Aid On Economic Growth In Ethiopia Time Series Analysis Of Agriculture Education And Health Sectors
DOWNLOAD
READ
Author : Fikadu Goshu
language : en
Publisher: diplom.de
Release Date : 2015-02-01
Sectoral Analysis Of The Impact Of Foreign Aid On Economic Growth In Ethiopia Time Series Analysis Of Agriculture Education And Health Sectors written by Fikadu Goshu and has been published by diplom.de this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-02-01 with Political Science categories.
This study has examined sectoral analysis of the impact of foreign aid on aggregate and sectoral economic growth in Ethiopia over the period 1981 to 2012 using Multivariate Vector Auto Regression analysis. All the necessary time series tests such as stationary test, co-integration test, weak exiguity test, vector error correction, and causality test in vector error correction model and the like are conducted. The empirical result from the growth equation shows that aid has a significant positive impact on educational sector GDP growth in the long run. On the other hand, foreign aid has positive but insignificant impact on real GDP growth, agriculture GDP growth, and health sector GDP growth of Ethiopia for the period under consideration. Foreign aid is effective in enhancing economic growth at aggregate level of Ethiopia in general and education sector in particular. The result of the study reveals that there is a bi-directional causal relationship between educational GDP and educational foreign aid in Ethiopia. There is also a unidirectional causality between agricultural aid and agricultural GDP growth. However, the health sector does not show any causality with their respective sector aid. This implies that aid allocated for certain sectors is ineffective in achieving its objectives of economic growth. Therefore, aid recipient country like Ethiopia has to work how to enhance the domestic revenue raising capacity of the country which is at the heart of the mechanism to meet the capital required for the economy in times of short falls and ineffectiveness of external resources.
Lives In The Balance
DOWNLOAD
READ
Author :
language : en
Publisher: Brookings Institution Press
Release Date : 2010-07-23
Lives In The Balance written by and has been published by Brookings Institution Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-07-23 with Political Science categories.
Investigates the use of foreign aid by developing countries and offers solutions for making sure the money goes where it should. Original.
The Implications Of Foreign Aid Fungibility For Development Assistance
DOWNLOAD
READ
Author : Shantayanan Devarajan
language : en
Publisher:
Release Date : 1998
The Implications Of Foreign Aid Fungibility For Development Assistance written by Shantayanan Devarajan and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1998 with Developing countries categories.