Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/52788
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dc.contributor.authorFeeny, Simonen_US
dc.contributor.authorMcGillivray, Marken_US
dc.date.accessioned2011-12-14T09:39:26Z-
dc.date.available2011-12-14T09:39:26Z-
dc.date.issued2002en_US
dc.identifier.isbn9291902039en_US
dc.identifier.urihttp://hdl.handle.net/10419/52788-
dc.description.abstractThis 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 behaviouren_US
dc.language.isoengen_US
dc.publisher|aUNU-WIDER |cHelsinkien_US
dc.relation.ispartofseries|aWIDER Discussion Papers // World Institute for Development Economics (UNU-WIDER) |x2002/40en_US
dc.subject.jelO23en_US
dc.subject.jelH10en_US
dc.subject.ddc330en_US
dc.subject.stwÖffentliche Schuldenen_US
dc.subject.stwEntwicklungshilfeen_US
dc.subject.stwTheorieen_US
dc.subject.stwEntwicklungsländeren_US
dc.titleAid, public sector fiscal behaviour and developing country debten_US
dc.typeWorking Paperen_US
dc.identifier.ppn348254210en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US

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