Aid volatility and donor-recipient characteristics in 'difficult partnership countries'

Economica

Volumn 75, Issue 299, 2008, Pages 481-494

  Fielding, David ^a   Mavrotas, George ^b  

^a UNIVERSITY OF OTAGO   (New Zealand)

^b UNITED NATIONS UNIVERSITY   (Finland)

Author keywords

[No Author keywords available]

Indexed keywords

AID FLOW; AID POLICY; INTERNATIONAL AID; MACROECONOMICS; PARTNERSHIP APPROACH;

EID: 48049122629     PISSN: 00130427     EISSN: 14680335     Source Type: Journal    
DOI: 10.1111/j.1468-0335.2007.00621.x     Document Type: Article

References (40)

1. Acemoglu, D., Johnson, S., Robinson, J. A. and Thaicharoen, Y. (2003). Institutional causes, macroeconomic symptoms, volatility, crises and growth. Journal of Monetary Economics, 50, 49-123.
2. Addison, T., Mavrotas, G. and McGillivray, M. (2005a). Aid, debt relief and new sources of finance for meeting the millennium development goals. Journal of International Affairs, 58, 113-27.
3. Addison, T., Mavrotas, G. and McGillivray, M. (2005b). Aid to Africa: An unfinished agenda. Journal of International Development, 17, 989-1001.
4. Alesina, A. and dollar, D. (2000). Who gives foreign aid to whom and why? Journal of Economic Growth, 5, 33-63.
5. Arellano, C., Bulíř, A., Lane, T. and Lipschitz, L. (2005). The dynamic implications of foreign aid and its variability. IMF Working Paper no. 05/119.
6. Bevan, D. L. (2005). An analytic overview of aid absorption, recognizing and avoiding macroeconomic hazards. Paper presented at the seminar on Foreign Aid and Macroeconomic Management, Maputo, 14-15 March.
7. BulÍ, A. and Hamann, J. (2003). Aid volatility: An empirical assessment. IMF Staff Papers, 50, 65-89.
8. Bulíř, A. and Hamann, J. (2006). Volatility of development aid, from the frying pan into the fire? IMF Working Paper no. 06/65.
9. Bulíř, A. and Lane, T. (2002). Aid and fiscal management. IMF Working Paper no. 02/112.
10. Bulíř, A. and Moon, S. (2004). Is fiscal adjustment more durable when the IMF is involved? Comparative Economic Studies, 46, 373-99.
11. Cassen, R. (1986). Does Aid Work? Oxford: Oxford University Press.
12. Clemens, M., Radelet, S. and Bhavnani, R. (2004). Counting chickens when they hatch: The short-term effect of aid on growth. Center for Global Development Working Paper no. 44, Washington DC.
13. Cordella, T. and Dell'Ariccia, G. (2003). Budget support versus project aid: A theoretical appraisal. IMF Working Paper no. 03/88.
14. de Renzio, P. (2005). Can more aid be spent in Africa?: In ODI Opinions. London: Overseas Development Institute.
15. Doornik, J. and Hendry, D. (2001). PcGive, vol. III. London: Timberlake.
16. Doornik, J., Arellano, M. and Bond, S. (1999). Panel data estimation using DPD for Ox. Mimeo: Oxford University.
17. Feyzioglu, T., Swaroop, V. and Zhu, M. (1998). A panel data analysis of the fungibility of foreign aid. World Bank Economic Review, 12, 29-58.
18. Fielding, D. and Mavrotas, G. (2005). The volatility of aid. World Institute for Development Economics Research Discussion Paper no. 2005/ 06, United Nations University, Helsinki.
19. Foster, M. (2003). The case for increased aid. Report to the Department for International Development (DfID), London.
20. Gemmell, N. and McGillivray, M. (1998). Aid and tax instability in the government budget constraints in developing countries. CREDIT Research Paper no. 98/1, University of Nottingham.
21. Gleditsch, K. and Ward, M. (1997). Double take: A re-examination of democracy and autocracy in modern polities. Journal of Conflict Resolution, 41, 361-82.
22. Gomanee, K., Girma, G. and Morrissey, O. (2005). Aid and growth in sub-Saharan Africa, accounting for transmission mechanisms. Journal of International Development, 17, 1055-75.
23. Guillaumont, P. and Guillaumont, S. J. (2006). Big push versus absorptive capacity: How to reconcile the two approaches. Paper presented at the WIDER Conference on Aid, Principles, Policies and Performance, UNU-WIDER, Helsinki, 16-17 June.
24. Heller, P. and Gupta, S. (2002). More aid: Making it work for the poor. World Economics, 3, 131-46.
25. Heller, P., Katz, M., Debrun, X., Thomas, T., Koranchelian, T. and Adenauer, I. (2006). Making fiscal space happen! Managing fiscal policy in a world of scaled-up aid. World Institute for Development Economics Research (WIDER) Research Paper no. 2006/125, Helsinki.
26. Hudson, J. and Mosley, P. (2006). Aid volatility, policy and development. Paper presented at the WIDER Conference on Aid, Principles, Policies and Performance, UNU-WIDER Helsinki, 16-17 June.
27. Ivanova, A., Mayer, W., Mourmouras, A. and Anayiotos, G. (2003). What determines the success or failure of fund-supported programs? IMF Working Paper no. 03/8.
28. Lensink, R. and Morrissey, O. (2000). Aid instability as a measure of uncertainty and the positive impact of aid on growth. Journal of Development Studies, 36, 31-49.
29. Levin, V. and dollar, D. (2005). The forgotten states: Aid volumes and volatility in difficult partnership countries. Paper prepared for DAC Learning and Advisory Process on Difficult Partnerships.
30. Lin, T. and Mavrotas, G. (2004). A contract perspective on the international finance facility. World Institute for Development Economics Research (WIDER) Research Paper no. 2004/60, Helsinki.
31. Mavrotas, G. (2002a). Foreign aid and fiscal response: Does aid disaggregation matter? Review of World Economics (Weltwirtschaftliches Archiv), 138, 534-59.
32. Mavrotas, G. (2002b). Aid and growth in India: Some evidence from disaggregated aid data. South Asia Economic Journal, 3, 19-49.
33. Mavrotas, G. (2004). The international finance facility. In A. B. Atkinson (ed.), New Sources of Development Finance. Oxford: Oxford University Press.
34. Mavrotas, G. (2005). Aid heterogeneity: Looking at aid effectiveness from a different angle. Journal of International Development, 17, 1019-36.
35. Mavrotas, G. and Ouattara, B. (2006). Aid disaggregation, endogenous aid and the public sector in aid-recipient economies. Review of Development Economics, 10, 432-49.
36. McLaughlin, S., Gates, S., Hegre, H., Gissinger, R. and Gleditsch, N. (1998). Polity 3D: The timing of polity changes. Journal of Conflict Resolution, 42, 231-42.
37. Mosley, P. (ed.) (2004). The international finance facility: Can it deliver? Journal of International Development, 16, 863-95.
38. Pallage, S. and Robe, M. (2001). Foreign aid and the business cycle. Review of International Economics, 9, 636-67.
39. Singer, H. (1965). External aid: For plans or projects? Economic Journal, 75, 539-45.
40. White, H. (1998). Aid and Macroeconomic Performance: Theory, Empirical Evidence and Four Country Cases. London: Macmillan.