Foreign Aid and Revenue Response: Does the Composition of Aid Matter? (EPub)
Mr. Alexander Pivovarsky · Mr. Benedict J. Clements · Mr. Sanjeev Gupta · Mr. Erwin Tiongson
Sep 2003 · International Monetary Fund
Ebook
32
Pages
About this ebook
This paper examines the revenue response to inflows of foreign aid in 107 countries during the period 1970-2000, In particular, it investigates whether the impact of aid on the revenue effort depends on the composition of aid (grants vis-à-vis loans). The results indicate that while concessional loans are associated with higher domestic revenue mobilization, the opposite is true of grants. On average, the dampening effect of grants on the revenue effort is modest. However, for those countries plagued by high levels of corruption, our results suggest that the decline in revenues completely offsets the increase in grants. The results are robust to various specifications.
Reading information
Smartphones and tablets
Install the Google Play Books app for Android and iPad/iPhone. It syncs automatically with your account and allows you to read online or offline wherever you are.
Laptops and computers
You can listen to audiobooks purchased on Google Play using your computer's web browser.
eReaders and other devices
To read on e-ink devices like Kobo eReaders, you'll need to download a file and transfer it to your device. Follow the detailed Help Center instructions to transfer the files to supported eReaders.