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Record Nr. |
UNINA9910827081203321 |
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Autore |
Martijn Jan |
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Titolo |
The Spending and Absorption of Aid in PRGF Supported Programs / / Jan Martijn, Markus Berndt, Abu Shonchoy, Paolo Dudine |
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Pubbl/distr/stampa |
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Washington, D.C. : , : International Monetary Fund, , 2008 |
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ISBN |
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1-4623-6890-5 |
1-4527-0367-1 |
1-282-84188-2 |
1-4518-7095-7 |
9786612841880 |
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Edizione |
[1st ed.] |
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Descrizione fisica |
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1 online resource (46 p.) |
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Collana |
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IMF Working Papers |
IMF working paper ; ; WP/08/237 |
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Altri autori (Persone) |
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BerndtMarkus |
ShonchoyAbu |
DudinePaolo |
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Disciplina |
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Soggetti |
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Expenditures, Public - Econometric models |
Absorptive capacity (Economics) - Econometric models |
Economic assistance - Econometric models |
Exports and Imports |
Inflation |
Public Finance |
Statistics |
Debt |
Debt Management |
Sovereign Debt |
Current Account Adjustment |
Short-term Capital Movements |
Price Level |
Deflation |
Data Collection and Data Estimation Methodology |
Computer Programs: Other |
Public finance & taxation |
International economics |
Macroeconomics |
Econometrics & economic statistics |
Government debt management |
Current account deficits |
Balance of payments statistics |
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Government finance statistics |
Debts, Public |
Balance of payments |
Prices |
Finance |
Benin |
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Lingua di pubblicazione |
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Formato |
Materiale a stampa |
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Livello bibliografico |
Monografia |
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Note generali |
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Description based upon print version of record. |
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Nota di bibliografia |
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Includes bibliographical references. |
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Nota di contenuto |
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Contents; I. Introduction; II. Background; III. Conceptual Framework; IV. Methodology; V. Results; A. Spending, Absorption, and Smoothing of Aid Increases in PRGF Programs; B. Alternative Model in Levels; VI. Conclusions; Appendices; I. The Dataset; II. The Model; III. Estimation Results; References |
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Sommario/riassunto |
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This paper studies the spending and absorption of aid in PRGF-supported programs, verifies whether the use aid is programmed to be smoothed over time, and analyzes how considerations about macroeconomic stability influence the programmed use of aid. It finds that PRGF-supported programs allow countries to use most or almost all increases in aid within a few years. The paper finds some evidence that the programmed absorption of aid is higher in countries where reserve coverage is above a certain threshold, whereas programmed spending does not seem to depend on inflation. Finally, it shows that the presence of a PRGFsupported program does not constrain the actual spending and absorption of aid. |
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