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dc.contributor.authorFielding, Daviden_US
dc.contributor.authorGibson, Freden_US
dc.date.accessioned2012-07-13en_US
dc.date.accessioned2012-10-24T12:00:38Z-
dc.date.available2012-10-24T12:00:38Z-
dc.date.issued2012en_US
dc.identifier.urihttp://hdl.handle.net/10419/65426-
dc.description.abstractInternational aid has an ambiguous effect on the macro-economy of the recipient country. To the extent that aid raises consumer expenditure, there will be some real exchange rate appreciation and a shift of resources away from traded goods production and into non-traded goods production. However, aid for investment in the traded goods sector can mitigate this effect. Also, a relatively high level of productivity in the non-traded goods sector combined with a high level of investment will tend to depreciate the real exchange rate. We examine aid inflows in 26 Sub-Saharan African countries, and find a variety of macro-economic responses. Some of the variation in the responses can be explained by variation in observable country characteristics; this has implications for donor policy.en_US
dc.language.isoengen_US
dc.publisherCentre for Research in Economic Development and International Trade, Univ. of Nottingham Nottinghamen_US
dc.relation.ispartofseriesCREDIT Research Paper 12/02en_US
dc.subject.jelF41en_US
dc.subject.jelO56en_US
dc.subject.ddc330en_US
dc.subject.keywordAiden_US
dc.subject.keywordDutch Diseaseen_US
dc.subject.keywordAfricaen_US
dc.titleA model of aid and Dutch Disease in Sub-Saharan Africaen_US
dc.typeWorking Paperen_US
dc.identifier.ppn719380189en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
Appears in Collections:CREDIT Research Papers, The University of Nottingham

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