Aid, public sector fiscal behaviour and developing country debt

Arbeitspapier

This paper looks at public sector debt in developing countries, being concerned specifically with the relationship between aid inflows and the public sector borrowing requirement net of aid loans. After examining the public sector budget constraint and various conditions under which aid might lead to an increase in this borrowing, the paper surveys the empirical results of literature on aid and public sector fiscal behaviour. It finds that the results of a number of studies are consistent with aid leading to increases in this borrowing. Further investigation, in the form of econometric analysis of panel data, also points to this outcome. The paper then looks at a number of theoretical scenarios in which aid leads to increases in borrowing net of aid loans. – aid ; borrowing ; debt ; fiscal behaviour

Angaben zum Objekt

• ISBN: 9291902039
• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: WIDER Discussion Paper ; No. 2002/40

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Fiscal and Monetary Policy in Development ; Structure and Scope of Government: General
• Thema: Öffentliche Schulden ; Entwicklungshilfe ; Theorie ; Entwicklungsländer

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Feeny, Simon ; McGillivray, Mark
• Ereignis: Veröffentlichung
• (wer): The United Nations University World Institute for Development Economics Research (UNU-WIDER)
• (wo): Helsinki
• (wann): 2002

Weitere Informationen

• Handle: http://hdl.handle.net/10419/52788
• Letzte Aktualisierung: 10.03.2025, 11:42 MEZ