The Relationship Between Foreign Aid Inflows, Real Exchange Rate and Export Performance in Developing Countries PDF Download

Author: Catherine Mayanja Nassaka
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Author:
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Book Description
"The effect of foreign aid on economic activity of a country can be dampened due to potentially adverse effects on exports through a real exchange rate appreciation. In this study we examine the long-term relationship between export performance and foreign aid in developing countries while accounting for other factors. The estimates of direct effect of foreign aid on exports are imprecise. However, the effect of the quadratic term of foreign aid on exports is negative and precise. This implies large amount of foreign aid does adversely affect export performance. The results are robust to the use of two different export performance measures and different sub-samples"--Federal Reserve Bank of St. Louis web site.

Author: Mr.Bassem Kamar
Publisher: International Monetary Fund
ISBN: 1455201375
Category : Business & Economics
Languages : en
Pages : 32

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Book Description
Attracting capital and foreign exchange flows is crucial for developing countries. Yet, these flows could lead to real exchange rate appreciation and may thus have detrimental effects on competitiveness, jeopardizing exports and growth. This paper investigates this dilemma by comparing the impact of six types of capital and foreign exchange flows on real exchange rate behavior in a sample of 57 developing countries covering Africa, Europe, Asia, Latin America, and the Middle East. The results reveal that portfolio investments, foreign borrowing, aid, and income lead to real exchange rate appreciation, while remittances have disparate effects across regions. Foreign direct investments have no effect on the real exchange rate, contributing to resolve the above dilemma.

Author: Harry A. Sackey
Publisher:
ISBN:
Category : Economic assistance
Languages : en
Pages : 58

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Author: Mr.Alessandro Prati
Publisher: International Monetary Fund
ISBN: 1616350539
Category : Business & Economics
Languages : en
Pages : 72

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Assessments of exchange rate misalignments and external imbalances for low-income countries are challenging because methodologies developed for advanced and emerging economies cannot be automatically applied to poorer nations. This paper uses a large database, unique in the set of indicators and number of countries it covers, to estimate the relationship in low-income countries between a set of fundamentals in the medium to long term and the real effective exchange rate, the current account, and the net external assets position.

Author: Eric Jackson Labs
Publisher:
ISBN:
Category : Developing countries
Languages : en
Pages : 94

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Author: J. M. Healey
Publisher: Taylor & Francis
ISBN: 1136889787
Category : Business & Economics
Languages : en
Pages : 81

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First published in 1971, this reissue considers the main aspects of foreign aid to developing countries in terms of economic concepts and principles. The author gives an economic definition of aid and considers the motives for giving aid and the principles on which it may be allocated. He looks at the effect on the economic growth of developing countries of both the aid given and the need to repay the debt, and the effect on trade patterns and resource allocation of tying aid to one particular project, or one source of goods. While economic analysis is only a first step in providing a basis for policy decisions on foreign aid, Dr Healey shows that many issues can be clarified by looking at them from the economists’ point of view.

Author: Janine L. Bowen
Publisher: Routledge
ISBN: 0429667698
Category : Business & Economics
Languages : en
Pages : 104

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Published in 1998, this book provides an empirical analysis of the impact of foreign economic aid in 67 developed countries over a 19 year period. The results include the relationships between aid and growth and the implication that methodologies traditionally used have been largely responsible for inconsistent findings in the past.

Author: Timothy S. Nyoni
Publisher:
ISBN:
Category : Economic assistance
Languages : en
Pages : 56

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Examines the impact of foreign aid on macroeconomic variables such as the real exchange rate, export performance, government expenditure, investment and growth. Covers the period from 1967 to 1993.

Author: Byron Lew
Publisher: Edward Elgar Publishing
ISBN: 1783474599
Category : Business & Economics
Languages : en
Pages : 648

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Book Description
It would be fair to say that foreign aid today is one of the most important factors in international relations and in the national economy of many countries – as well as one of the most researched fields in economics. Although much has been written on the subject of foreign aid, this book contributes by taking stock of knowledge in the field, with chapters summarizing long-standing debates as well as the latest advances. Several contributions provide new analytical insights or empirical evidence on different aspects of aid, including how aid may be linked to trade and the motives for aid giving. As a whole, the book demonstrates how researchers have dealt with increasingly complex issues over time – both theoretical and empirical – on the allocation, impact, and efficacy of aid, with aid policies placed at the center of the discussion. In addition to students, academics, researchers, and policymakers involved in development economics and foreign aid, this Handbook will appeal to all those interested in development issues and international policies.