Author: Catherine Mayanja Nassaka
Publisher:
ISBN:
Category :
Languages : en
Pages :
Book Description
The Relationship Between Foreign Aid Inflows, Real Exchange Rate and Export Performance in Developing Countries
Author: Catherine Mayanja Nassaka
Publisher:
ISBN:
Category :
Languages : en
Pages :
Book Description
Publisher:
ISBN:
Category :
Languages : en
Pages :
Book Description
Foreign Aid and Export Performance
Author:
Publisher:
ISBN:
Category :
Languages : en
Pages :
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.
Publisher:
ISBN:
Category :
Languages : en
Pages :
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.
The Impact of Capital and Foreign Exchange Flowson the Competitiveness of Developing Countries
Author: Mr.Bassem Kamar
Publisher: International Monetary Fund
ISBN: 1455201375
Category : Business & Economics
Languages : en
Pages : 32
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.
Publisher: International Monetary Fund
ISBN: 1455201375
Category : Business & Economics
Languages : en
Pages : 32
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.
External Aid Inflows and the Real Exchange Rate in Ghana
Author: Harry A. Sackey
Publisher:
ISBN:
Category : Economic assistance
Languages : en
Pages : 58
Book Description
Publisher:
ISBN:
Category : Economic assistance
Languages : en
Pages : 58
Book Description
The Role of Foreign Aid in Development
Author: Eric Jackson Labs
Publisher:
ISBN:
Category : Developing countries
Languages : en
Pages : 96
Book Description
Publisher:
ISBN:
Category : Developing countries
Languages : en
Pages : 96
Book Description
External Performance in Low-Income Countries
Author: Mr.Alessandro Prati
Publisher: International Monetary Fund
ISBN: 1616350539
Category : Business & Economics
Languages : en
Pages : 72
Book Description
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.
Publisher: International Monetary Fund
ISBN: 1616350539
Category : Business & Economics
Languages : en
Pages : 72
Book Description
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.
The Economics of Aid
Author: J. M. Healey
Publisher: Taylor & Francis
ISBN: 1136889787
Category : Business & Economics
Languages : en
Pages : 81
Book Description
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.
Publisher: Taylor & Francis
ISBN: 1136889787
Category : Business & Economics
Languages : en
Pages : 81
Book Description
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.
Foreign Aid and Economic Growth
Author: Janine L. Bowen
Publisher: Routledge
ISBN: 0429667698
Category : Business & Economics
Languages : en
Pages : 104
Book Description
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.
Publisher: Routledge
ISBN: 0429667698
Category : Business & Economics
Languages : en
Pages : 104
Book Description
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.
Foreign Aid and Economic Performance in Tanzania
Author: Timothy S. Nyoni
Publisher:
ISBN:
Category : Economic assistance
Languages : en
Pages : 56
Book Description
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.
Publisher:
ISBN:
Category : Economic assistance
Languages : en
Pages : 56
Book Description
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.
Post-conflict Aid, Real Exchange Rate Adjustment, and Catch-up Growth
Author: Ibrahim Elbadawi
Publisher:
ISBN:
Category : Economic assistance
Languages : en
Pages : 52
Book Description
Post-conflict countries receive substantial aid flows after the start of peace. While post-conflict countries' capacity to absorb aid (that is, the quality of their policies and institutions) is built up only gradually after the onset of peace, the evidence suggests that aid tends to peak immediately after peace is attained and decline thereafter. Aid composition broadly reflects post-conflict priorities, with large parts of aid financing social expenditure and infrastructure investment. Aid has significant short-term effects on the real exchange rate (RER), as inferred from the behavior of RER in the world. While moderate RER overvaluation is observed in post-conflicts, it cannot be traced down to the aid flows. The empirical evidence on world growth reveals new findings about the pattern of catch-up growth during post-conflicts and the role of key growth determinants on post-conflict growth. Aid is an important determinant of growth, both generally and more strongly during post-conflict periods. Because RER misalignment reduces growth, RER overvaluation during post-conflicts reduces catch-up growth. Aid and RER overvaluation combined also lower growth. But the negative growth effect of RER overvaluation declines with financial development.
Publisher:
ISBN:
Category : Economic assistance
Languages : en
Pages : 52
Book Description
Post-conflict countries receive substantial aid flows after the start of peace. While post-conflict countries' capacity to absorb aid (that is, the quality of their policies and institutions) is built up only gradually after the onset of peace, the evidence suggests that aid tends to peak immediately after peace is attained and decline thereafter. Aid composition broadly reflects post-conflict priorities, with large parts of aid financing social expenditure and infrastructure investment. Aid has significant short-term effects on the real exchange rate (RER), as inferred from the behavior of RER in the world. While moderate RER overvaluation is observed in post-conflicts, it cannot be traced down to the aid flows. The empirical evidence on world growth reveals new findings about the pattern of catch-up growth during post-conflicts and the role of key growth determinants on post-conflict growth. Aid is an important determinant of growth, both generally and more strongly during post-conflict periods. Because RER misalignment reduces growth, RER overvaluation during post-conflicts reduces catch-up growth. Aid and RER overvaluation combined also lower growth. But the negative growth effect of RER overvaluation declines with financial development.