Archive International aid , corruption and fiscal policy behavior
نویسندگان
چکیده
The Okada & Samreth (2012, EL) and Asongu (2012, EB; 2013, EEL) debate on ‘the effect of foreign aid on corruption’ has had an important influence in policy and academic circles. This paper provides a unifying framework by using investment and fiscal behavior transmission channels in 53 African countries for the period 1996-2010. Findings unite the two streams of the debate and broadly suggest that while the ‘government’s final consumption expenditure’ channel is consistent with the latter author, the investment and tax effort channels are in line with the former authors. Justifications for the nexuses are provided. Policy implications on how to use foreign aid constraints in managing fiscal behavior as means of reducing (increasing) corruption (corruption-control) are discussed. JEL Classification: B20; F35; F50; O10; O55
منابع مشابه
Essays on Optimal Aid and Fiscal Policy in Developing Economies
TITLE OF DISSERTATION: ESSAYS ON OPTIMAL AID AND FISCAL POLICY IN DEVELOPING ECONOMIES Ryan Niladri Banerjee, Doctor of Philosophy, 2010 Dissertation directed by: Professor Enrique G. Mendoza Department of Economics Essay I: Which countries receive aid as insurance and why? A theory of optimal aid policy Empirical evidence shows that developing countries with opaque institutions receive procycl...
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