Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/52788 
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dc.contributor.authorFeeny, Simonen
dc.contributor.authorMcGillivray, Marken
dc.date.accessioned2011-12-14T09:39:26Z-
dc.date.available2011-12-14T09:39:26Z-
dc.date.issued2002-
dc.identifier.isbn9291902039en
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
dc.language.isoengen
dc.publisher|aThe United Nations University World Institute for Development Economics Research (UNU-WIDER) |cHelsinkien
dc.relation.ispartofseries|aWIDER Discussion Paper |x2002/40en
dc.subject.jelO23en
dc.subject.jelH10en
dc.subject.ddc330en
dc.subject.stwÖffentliche Schuldenen
dc.subject.stwEntwicklungshilfeen
dc.subject.stwTheorieen
dc.subject.stwEntwicklungsländeren
dc.titleAid, public sector fiscal behaviour and developing country debt-
dc.typeWorking Paperen
dc.identifier.ppn348254210en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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