Aid and Macroeconomic Performance : Theory, Empirical Evidence and Four Country Cases, PDF eBook

Aid and Macroeconomic Performance : Theory, Empirical Evidence and Four Country Cases PDF

Edited by Howard White

Part of the International Finance and Development series

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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.

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