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

by Howard White (Editor)

Overview

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.

Product Details

ISBN-13:	9780333731604
Publisher:	Palgrave Macmillan UK
Publication date:	02/04/1998
Series:	International Finance and Development
Edition description:	1998
Pages:	298
Product dimensions:	5.51(w) x 8.50(h) x (d)

About the Author

HOWARD WHITE is Senior Lecturer in Applied Quantitative Economics at the Institute of Social Studies in The Hague. He has published on aid effectiveness in a wide range of journals and has worked in a number of countries in Africa and Asia for different agencies.

Table of Contents

Introduction Literature Review Aid-supported Policy Reform Different Types of Aid Guinea-Bissau Nicaragua Tanzania Zambia Conclusions

Editorial Reviews

After a review of major issues in the macroeconomic analysis of aid, Part II offers a rigorous and up-to-date review of theoretical and empirical debates about aid's macroeconomic impact. It is argued that an understanding of the channels through which aid affects the macroeconomy requires analysis of the links between aid, the policy environment, and economic performance at the country level. Part III comprises four case studies of Guinea-Bissau, Nicaragua, Tanzania, and Zambia. Cases examine the impact aid has on key macroeconomic aggregates such as savings, investment, imports, exports, and the government budget, and show that aid has a positive impact on the level and composition of these variables. Annotation c. by Book News, Inc., Portland, Or.

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