Aid and the Supply Side: Public Investment, Export Performance, and Dutch Disease in Low-Income Countries.
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. In the simple model of aid and public expenditure presented here, public infrastructure generates an intertempor...
Main Authors: | Adam, C, Bevan, D |
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Format: | Journal article |
Language: | English |
Published: |
Oxford University Press
2006
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