How Long to Read What Does Aid Do to Fiscal Policy? New Evidence

How Long Does it Take to Read What Does Aid Do to Fiscal Policy? New Evidence?

It takes the average reader and 32 minutes to read What Does Aid Do to Fiscal Policy? New Evidence by Jean-Louis Combes

Assuming a reading speed of 250 words per minute. Learn more

Description

Foreign aid is a sizable source of government financing for several developing countries and its allocation matters for the conduct of fiscal policy. This paper revisits fiscal effects of shifts in aid dependency in 59 developing countries from 1960 to 2010. It identifies structural shifts in aid dependency: upward shifts (structural increases in aid inflows) and downward shifts (structural decreases in aid inflows). These shifts are treated as shocks in aid dependency and treatment effect methods are used to assess the fiscal effects of aid. It finds that shifts in aid dependency are frequent and have significant fiscal effects. In addition to traditional evidence of tax displacement and “aid illusion,” we show that upward shifts and downward shifts in aid dependency have asymmetric effects on the fiscal accounts. Large aid inflows undermine tax capacity and public investment while large reductions in aid inflows tend to keep recipients’ tax and expenditure ratios unchanged. Moreover, the tax displacement effects tend to be temporary while the impact on expenditure items are persistent. Finally, we find that the undesirable fiscal effects of aid are more pronounced in countries with low governance scores and low absorptive capacity, as well as those with IMF-supported programs.

How long is What Does Aid Do to Fiscal Policy? New Evidence?

What Does Aid Do to Fiscal Policy? New Evidence by Jean-Louis Combes is 32 pages long, and a total of 8,064 words.

This makes it 11% the length of the average book. It also has 10% more words than the average book.

How Long Does it Take to Read What Does Aid Do to Fiscal Policy? New Evidence Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 44 minutes to read What Does Aid Do to Fiscal Policy? New Evidence aloud.

What Reading Level is What Does Aid Do to Fiscal Policy? New Evidence?

What Does Aid Do to Fiscal Policy? New Evidence is suitable for students ages 8 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy What Does Aid Do to Fiscal Policy? New Evidence?

What Does Aid Do to Fiscal Policy? New Evidence by Jean-Louis Combes is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

To buy What Does Aid Do to Fiscal Policy? New Evidence by Jean-Louis Combes on Amazon click the button below.