Aid, public expenditure, and Dutch disease.
Contemporary policy debates on the macroeconomics of aid often concentrate on short-run Dutch disease effects, ignoring the possible supply side impact of aid— financed public expenditure. We develop a simple model of aid and public expenditure in which public infrastructure capital generates an int...
| Main Authors: | , |
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| Format: | Working paper |
| Language: | English |
| Published: |
CSAE (University of Oxford)
2003
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