Foreign aid policy and sources of poverty : a quantitative framework

Foreign aid policy and sources of poverty : a quantitative framework / Alex Mourmouras and Peter Rangazas.

The econometric literature has been unable to establish a robust association between foreign aid and growth and poverty reduction. In this paper we argue that aid effectiveness must be assessed using methods that go beyond cross-country regressions. We calibrate a dynamic general equilibrium model t...

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Bibliographic Details
Main Authors: Mourmouras, Alex (Author), Rangazas, Peter, 1956- (Author)
Corporate Author: IMF Institute
Format: eBook
Language:English
Published: [Washington, D.C.] : International Monetary Fund, IMF Institute, ©2006.
Series:IMF working paper ; WP/06/14.
Subjects:
Economic assistance > Econometric models.
Economic development > Econometric models.
Poverty > Econometric models.
Economic assistance > Econometric models
Economic development > Econometric models
Poverty > Econometric models
Online Access:Click for online access
Table of Contents:
  • Contents
  • I. INTRODUCTION
  • II. RELATED LITERATURE
  • III. THE MODEL
  • IV. CROSS- COUNTRY INCOME DIFFERENCES
  • V. POLICY EXPERIMENTS
  • VI. THE AID COST OF REFORM
  • VII. AID FAILURES
  • VIII. CONCLUSION
  • REFERENCES
  • A. Optimal Fiscal Policy in a Closed Economy
  • B. Optimal Fiscal Policy in an Open Economy

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