Aid Absorption and Spending in Africa: A Panel Cointegration Approach.
This article focuses on the macroeconomic management of large inflows of foreign aid. It investigates the extent to which African countries have coordinated fiscal and macroeconomic responses to aid surges. In practice, we construct a panel dataset to assess the level of aid ‘absorption’ and ‘spendi...
| Published in: | Journal of Development Studies Vol. 47; no. 12; pp. 1925 - 1954 |
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| Format: | Article |
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Taylor & Francis Ltd
Dec2011
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| Online Access: | View this record in EBSCOhost |