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  1. Fiscal policy and development
    human, social, and physical investment for the SDGs
    Author: Gaspar, Vítor; Amaglobeli, David; Garcia-Escribano, Mercedes; Prady, Delphine; Soto, Mauricio
    Published: 2019
    Publisher:  International Monetary Fund, [Washington, D.C.]

    The goal of this paper is to estimate the additional annual spending required for meaningful progress on the SDGs in these areas. Our estimates refer to additional spending in 2030, relative to a baseline of current spending to GDP in these sectors.... more

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    The goal of this paper is to estimate the additional annual spending required for meaningful progress on the SDGs in these areas. Our estimates refer to additional spending in 2030, relative to a baseline of current spending to GDP in these sectors. Toward this end, we apply an innovative costing methodology to a sample of 155 countries: 49 low- income developing countries, 72 emerging market economies, and 34 advanced economies. And we refine the analysis with five country studies: Rwanda, Benin, Vietnam, Indonesia, and Guatemala

     
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  2. Natural resource exports, foreign aid and terrorism
    Author: Asongu, Simplice
    Published: [2019]
    Publisher:  African Governance and Development Institute, [Yaoundé]

    Linkages between foreign aid, terrorism and natural resource (fuel and iron ore) exports are investigated in this study. The focus is on 78 developing countries with data for the period 1984 to 2008. The generalised method of moment is employed as... more

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    Linkages between foreign aid, terrorism and natural resource (fuel and iron ore) exports are investigated in this study. The focus is on 78 developing countries with data for the period 1984 to 2008. The generalised method of moment is employed as empirical strategy. Three main foreign aid variables are used for the analysis, namely: bilateral aid, multilateral aid and total aid. The corresponding terrorism variables employed are: domestic terrorism, transnational terrorism, unclear terrorism and total terrorism. The following findings are established. First, the criteria informing the validity of specifications corresponding to iron ore exports do not hold. Second, there is evidence of convergence in fuel exports. Third, whereas the unconditional impacts of aid dynamics are not significant, the unconditional impacts of terrorism dynamics are consistently positive on fuel exports. Fourth, the interaction between terrorism and aid dynamics consistently display negative signs, with corresponding modifying aid thresholds within respective ranges. Unexpected signs are elicited and policy implications discussed. Given the unexpected results, an extended analysis is performed in which net effects are computed. These net effects are constitutive of the unconditional effect from terrorism and the conditional impacts from the interaction between foreign aid and terrorism dynamics. Based on the extended analysis, bilateral aid and total aid modulate terrorism dynamics to induce net positive effects on fuel exports while multilateral aid moderates terrorism dynamics to engender negative net effects on fuel exports. The research improves extant knowledge on nexuses between resources, terrorism and foreign aid.

     
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/204993
    Series: AGDI working paper ; WP/19, 023
    Subjects: Foreign Aid; Exports; Natural Resources; Terrorism; Economic Development
    Scope: 1 Online-Ressource (circa 29 Seiten)
  3. Aid and exchange rates in sub-Saharan Africa
    nomore dutch disease?
    Author: Morrissey, Oliver; Roger, Lionel; Spreng, Lars
    Published: [2019]
    Publisher:  Centre for Research in Economic Development and International Trade, University of Nottingham, Nottingham

    Given the significant inflows of foreign aid to sub-Saharan Africa (SSA) the possibility of Dutch Disease has been a concern. Most macroeconomic models predict that aid inflows, especially if large and/or unanticipated (shocks), will lead to an... more

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    Given the significant inflows of foreign aid to sub-Saharan Africa (SSA) the possibility of Dutch Disease has been a concern. Most macroeconomic models predict that aid inflows, especially if large and/or unanticipated (shocks), will lead to an appreciation of the real exchange rate and undermine the competitiveness of the economy. Empirical evidence is inconclusive, but a common presumption is that aid has been associated with Dutch Disease effects in SSA. Previous empirical studies rely on annual data and few include data since themid-2000s. This paper focuses on themore recent period employing monthly time series data for ten countries over 2001 to 2017 to estimate a structural VAR. For the majority of countries aid has no or a minimal effect on the real exchange rate; there is evidence of a significant real appreciation in only two countries. Additional analysis shows that commodity export prices are a more important determinant of the real exchange rate, with an effect on average twice that of aid. The paper conjectures that the absence of a Dutch Disease effect since the 2000s is due to a declining level of aid inflows and improved macroeconomic management.

     
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
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    hdl: 10419/210858
    Series: CREDIT research paper ; no. 19, 07
    Subjects: Foreign Aid; Exchange Rates; Dutch Disease; sub-Saharan Africa
    Scope: 1 Online-Ressource (circa 47 Seiten), Illustrationen
  4. Federated States of Micronesia
    climate change policy assessment
    Published: 2019
    Publisher:  International Monetary Fund, Washington, D.C.

    This Climate Change Policy Assessment (CCPA) takes stock of the Federated States of Micronesia (FSM)'s climate response plans, from the perspective of their macroeconomic and fiscal implications. CCPA explores the possible impact of climate change... more

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    This Climate Change Policy Assessment (CCPA) takes stock of the Federated States of Micronesia (FSM)'s climate response plans, from the perspective of their macroeconomic and fiscal implications. CCPA explores the possible impact of climate change and natural disasters and the cost of FSM's planned response. It suggests macroeconomically relevant reforms that could strengthen the national strategy and identifies policy gaps and resource needs. FSM has made progress toward its Nationally Determined Contribution mitigation pledge by beginning to expand renewable power generation and improve its efficiency. The authorities plan to continue this and encourage the take-up of energy efficient building design and appliances. Accelerating adaptation investments is paramount, which requires addressing critical capacity constraints and increasing grant financing. It is recommended that FSM needs to increase its capacity to address natural disaster risks following the expiry of Compact-related assistance in 2023. It is advised to improve climate data collection and use, including on the costs of high and low intensity disasters and disaster response expenditure

     
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  5. Macroeconomic outcomes in disaster-prone countries
    Author: Cantelmo, Alessandro; Melina, Giovanni; Papageorgiou, Chris
    Published: 2019
    Publisher:  International Monetary Fund, [Washington, DC]

    Using a dynamic stochastic general equilibrium model, we study the channels through which natural disaster shocks affect macroeconomic outcomes and welfare in disaster-prone countries. We solve the model using Taylor projection, a solution method... more

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    Using a dynamic stochastic general equilibrium model, we study the channels through which natural disaster shocks affect macroeconomic outcomes and welfare in disaster-prone countries. We solve the model using Taylor projection, a solution method that is shown to deal effectively with high-impact weather shocks calibrated in accordance to empirical evidence. We find large and persistent effects of weather shocks that significantly impact the income convergence path of disaster-prone countries. Relative to non-disaster-prone countries, on average, these shocks cause a welfare loss equivalent to a permanent fall in consumption of 1.6 percent. Welfare gains to countries that self-finance investments in resilient public infrastructure are found to be negligible, and international aid has to be sizable to achieve significant welfare gains. In addition, it is more cost-effective for donors to contribute to the financing of resilience before the realization of disasters, rather than disbursing aid after their realization

     
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  6. Barriers to public pension program participation in a developing country
    Author: Tanaka, Tomoaki; Yamasaki, Junichi; Sawada, Yasuyuki; Dovchinsuren, Khaliun
    Published: [2019]
    Publisher:  JICA Research Institute, Tokyo

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    Language: English
    Media type: Book
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    Series: JICA-RI working paper ; no. 199 (December 2019)
    Subjects: Randomized Control Trial; Pension; Mobile Phones; Foreign Aid; Information Provision; Mongolia
    Scope: 1 Online-Ressource (circa 49 Seiten), Illustrationen
  7. Financing for refugee situations
    Published: [2019]
    Publisher:  OECD Publishing, [Paris, France]

    Forced displacement, including refugee flows, is a global phenomenon. As of 2018, 26 million people were refugees. Financing from the international community makes a significant contribution to supporting refugees and host communities. But in order... more

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    Forced displacement, including refugee flows, is a global phenomenon. As of 2018, 26 million people were refugees. Financing from the international community makes a significant contribution to supporting refugees and host communities. But in order to meet those needs effectively and efficiently, financing strategies need to take account of the particularities of large-scale refugee situations. Refugee flows are complex, often protracted, and, require humanitarian, development and peace financing to work in complementary ways. Doing this effectively can create opportunities that are of benefit to both refugees and host communities. This policy paper presents seven principles for improving financing for refugee situations, based on global trends and case studies in three hosting countries (Uganda, Lebanon, and Colombia) and one origin/return country (Central African Republic). Both the quality and the quantity of financing matters to get the greatest value for refugees and their host communities.

     
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    Source: Staatsbibliothek zu Berlin
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    Series: OECD development policy papers ; no. 24 (December 2019)
    Subjects: Development; Refugee; Displacement; Development Finance; ODA; Foreign Aid; Policy; Developing Countries; New York Declaration for Refugees and Migrants; Forced Displacement; Humanitarian; Financing; Burden- and Responsibility-sharing; Global Compact on Refugees
    Scope: 1 Online-Ressource (circa 49 Seiten), Illustrationen
  8. Towards a sustainable Belt and Road Initiative?
    paving the way for a common sustainable development finance framework
    Author: Bertuzzi, Marine; Melonio, Thomas; Pornet, Alisée; Tremel, Laëtitia
    Published: [2019]
    Publisher:  AFD éditions, Paris, France

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    Series: Policy paper / Agence française de développement ; no. 2 (November 2019)
    Subjects: Foreign Aid; Development finance; SustainableDevelopment Goals; Belt and Road Initiative; China
    Scope: 1 Online-Ressource (circa 50 Seiten), Illustrationen
  9. Doing more with less
    how can Brazil foster development while pursuing fiscal consolidation?
    Author: Flamini, Valentina; Soto, Mauricio
    Published: 2019
    Publisher:  International Monetary Fund, [Washington, DC]

    Following a benchmarking exercise, we estimate the spending required to reach satisfactory progress in the Sustainable Development Goals in the health, education, and infrastructure sectors in Brazil. We find that there is room for savings in... more

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    Following a benchmarking exercise, we estimate the spending required to reach satisfactory progress in the Sustainable Development Goals in the health, education, and infrastructure sectors in Brazil. We find that there is room for savings in education (up to 1.5 percentage point of GDP) and health (up to 2.5 percentage points of GDP) without compromising the quality of services but additional investments for over 3 percent of GDP per year are needed to close large infrastructure gaps in roads, water, and electricity by 2030. Brazil can do more with less, but increasing efficiency of public spending will require substantial reforms

     
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  10. Fiscal policy and development
    human, social, and physical investment for the SDGs
    Author: Gaspar, Vítor; Amaglobeli, David; Garcia-Escribano, Mercedes; Prady, Delphine; Soto, Mauricio
    Published: 2019
    Publisher:  International Monetary Fund, [Washington, D.C.]

    The goal of this paper is to estimate the additional annual spending required for meaningful progress on the SDGs in these areas. Our estimates refer to additional spending in 2030, relative to a baseline of current spending to GDP in these sectors.... more

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    The goal of this paper is to estimate the additional annual spending required for meaningful progress on the SDGs in these areas. Our estimates refer to additional spending in 2030, relative to a baseline of current spending to GDP in these sectors. Toward this end, we apply an innovative costing methodology to a sample of 155 countries: 49 low- income developing countries, 72 emerging market economies, and 34 advanced economies. And we refine the analysis with five country studies: Rwanda, Benin, Vietnam, Indonesia, and Guatemala

     
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  11. Macroeconomic outcomes in disaster-prone countries
    Author: Cantelmo, Alessandro; Melina, Giovanni; Papageorgiou, Chris
    Published: 2019
    Publisher:  International Monetary Fund, [Washington, DC]

    Using a dynamic stochastic general equilibrium model, we study the channels through which natural disaster shocks affect macroeconomic outcomes and welfare in disaster-prone countries. We solve the model using Taylor projection, a solution method... more

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    Using a dynamic stochastic general equilibrium model, we study the channels through which natural disaster shocks affect macroeconomic outcomes and welfare in disaster-prone countries. We solve the model using Taylor projection, a solution method that is shown to deal effectively with high-impact weather shocks calibrated in accordance to empirical evidence. We find large and persistent effects of weather shocks that significantly impact the income convergence path of disaster-prone countries. Relative to non-disaster-prone countries, on average, these shocks cause a welfare loss equivalent to a permanent fall in consumption of 1.6 percent. Welfare gains to countries that self-finance investments in resilient public infrastructure are found to be negligible, and international aid has to be sizable to achieve significant welfare gains. In addition, it is more cost-effective for donors to contribute to the financing of resilience before the realization of disasters, rather than disbursing aid after their realization

     
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  12. Federated States of Micronesia
    climate change policy assessment
    Published: 2019
    Publisher:  International Monetary Fund, Washington, D.C.

    This Climate Change Policy Assessment (CCPA) takes stock of the Federated States of Micronesia (FSM)'s climate response plans, from the perspective of their macroeconomic and fiscal implications. CCPA explores the possible impact of climate change... more

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    This Climate Change Policy Assessment (CCPA) takes stock of the Federated States of Micronesia (FSM)'s climate response plans, from the perspective of their macroeconomic and fiscal implications. CCPA explores the possible impact of climate change and natural disasters and the cost of FSM's planned response. It suggests macroeconomically relevant reforms that could strengthen the national strategy and identifies policy gaps and resource needs. FSM has made progress toward its Nationally Determined Contribution mitigation pledge by beginning to expand renewable power generation and improve its efficiency. The authorities plan to continue this and encourage the take-up of energy efficient building design and appliances. Accelerating adaptation investments is paramount, which requires addressing critical capacity constraints and increasing grant financing. It is recommended that FSM needs to increase its capacity to address natural disaster risks following the expiry of Compact-related assistance in 2023. It is advised to improve climate data collection and use, including on the costs of high and low intensity disasters and disaster response expenditure

     
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  13. Attaining selected sustainable development goals in Guatemala
    spending, provision, and financing needs
    Author: Pérez Ruiz, Esther; Soto, Mauricio
    Published: 2019
    Publisher:  International Monetary Fund, [Washington, DC]

    Raising living standards continues to be the main challenge facing Guatemala, as a matter of economic success and social cohesion. This paper discusses the spending, financing, and delivery capacity aspects of a viable development strategy for... more

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    Raising living standards continues to be the main challenge facing Guatemala, as a matter of economic success and social cohesion. This paper discusses the spending, financing, and delivery capacity aspects of a viable development strategy for Guatemala couched within the United Nations Sustainable Development Goals (SDGs) agenda. Overall, Guatemala faces additional spending of about 8 1\2 percent of GDP in 2030 to attain health, education, and roads, water, and sanitation infrastructure SDGs. While substantial, these cost estimates are commensurate with a well-defined financing strategy encompassing continuing tax administration efforts, broad-based tax reform, scaled-up private sector participation, and greater spending efficiency. Improving delivery capacities is also essential to secure access of those public goods to all Guatemalans, irrespective of their place of residence, ethnic group, or ability to pay

     
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  14. Optimal fiscal spending and reserve accumulation policies under volatile aid
    Author: Moldovan, Ioana R.; Yang, Shu-Chun S.; Zanna, Luis-Felipe
    Published: 2019
    Publisher:  International Monetary Fund, [Washington, DC]

    This paper assesses the optimal setting of fiscal spending and foreign exchange rate intervention policies in response to volatile foreign aid, in a small open economy model that incorporates typical features of low-income countries. Within a class... more

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    This paper assesses the optimal setting of fiscal spending and foreign exchange rate intervention policies in response to volatile foreign aid, in a small open economy model that incorporates typical features of low-income countries. Within a class of policy rules, it jointly considers the optimal aid spending and international reserve accumulation policies. The results show that it is optimal to adjust government spending gradually in response to unpredictable fluctuations in aid, while partially accumulating foreign exchange reserves to offset Dutch disease effects. Also, allocating relatively more of the government spending to productive public investment, and less to government consumption, is welfare improving

     
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  15. Fiscal buffers for natural disasters in Pacific island countries
    Author: Nishizawa, Hidetaka; Roger, Scott; Zhang, Huan
    Published: 2019
    Publisher:  International Monetary Fund, [Washington, DC]

    Pacific island countries (PICs) are vulnerable severe natural disasters, especially cyclones, inflicting large losses on their economies. In the aftermath of disasters, PIC governments face revenue losses and spending pressures to address... more

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    Pacific island countries (PICs) are vulnerable severe natural disasters, especially cyclones, inflicting large losses on their economies. In the aftermath of disasters, PIC governments face revenue losses and spending pressures to address post-disaster relief and recovery efforts. This paper estimates the effects of severe natural disasters on fiscal revenues and expenditure in PICs. These are combined with information on the frequency of large disasters to calculate the rate of budgetary savings needed to build appropriate fiscal buffers. Fiscal buffers provide self-insurance against natural disaster shocks and facilitate quick disbursement for recovery and relief efforts, and protection of spending on essential services and infrastructure. The estimates can provide a benchmark for policymakers, and should be adjusted to take into account other sources of financing, as well as budget risks from less severe as well as more frequent disasters

     
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  16. Doing more with less
    how can Brazil foster development while pursuing fiscal consolidation?
    Author: Flamini, Valentina; Soto, Mauricio
    Published: 2019
    Publisher:  International Monetary Fund, [Washington, DC]

    Following a benchmarking exercise, we estimate the spending required to reach satisfactory progress in the Sustainable Development Goals in the health, education, and infrastructure sectors in Brazil. We find that there is room for savings in... more

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    Following a benchmarking exercise, we estimate the spending required to reach satisfactory progress in the Sustainable Development Goals in the health, education, and infrastructure sectors in Brazil. We find that there is room for savings in education (up to 1.5 percentage point of GDP) and health (up to 2.5 percentage points of GDP) without compromising the quality of services but additional investments for over 3 percent of GDP per year are needed to close large infrastructure gaps in roads, water, and electricity by 2030. Brazil can do more with less, but increasing efficiency of public spending will require substantial reforms

     
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  17. Financing for refugee situations
    Published: [2019]
    Publisher:  OECD Publishing, [Paris, France]

    Forced displacement, including refugee flows, is a global phenomenon. As of 2018, 26 million people were refugees. Financing from the international community makes a significant contribution to supporting refugees and host communities. But in order... more

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    Forced displacement, including refugee flows, is a global phenomenon. As of 2018, 26 million people were refugees. Financing from the international community makes a significant contribution to supporting refugees and host communities. But in order to meet those needs effectively and efficiently, financing strategies need to take account of the particularities of large-scale refugee situations. Refugee flows are complex, often protracted, and, require humanitarian, development and peace financing to work in complementary ways. Doing this effectively can create opportunities that are of benefit to both refugees and host communities. This policy paper presents seven principles for improving financing for refugee situations, based on global trends and case studies in three hosting countries (Uganda, Lebanon, and Colombia) and one origin/return country (Central African Republic). Both the quality and the quantity of financing matters to get the greatest value for refugees and their host communities.

     
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    Series: OECD development policy papers ; no. 24 (December 2019)
    Subjects: Development; Refugee; Displacement; Development Finance; ODA; Foreign Aid; Policy; Developing Countries; New York Declaration for Refugees and Migrants; Forced Displacement; Humanitarian; Financing; Burden- and Responsibility-sharing; Global Compact on Refugees
    Scope: 1 Online-Ressource (circa 49 Seiten), Illustrationen
  18. The role and changing paradigm of India's assistance to Nepal
    case of the education sector
    Author: Goyal, Tanu M.
    Published: June 2019
    Publisher:  Indian Council for Research on International Economic Relations, [New Delhi]

    India is seen as a key developmental partner to Nepal with the latter being one of the first receipts of development aid from India. Development aid from India to Nepal has not only been associated with creation of infrastructure in the country but... more

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    India is seen as a key developmental partner to Nepal with the latter being one of the first receipts of development aid from India. Development aid from India to Nepal has not only been associated with creation of infrastructure in the country but also with human capital development and ensuring long-term sustainability. Technical assistance and vocation training for skill development have been the focal points of India's development cooperation programme. Development aid has thus been a cornerstone of India-Nepal relation. However, in the recent past, due to the political, administrative and constitutional changes in Nepal, the relation between the two countries has evolved, which has also affected India's development partnership programme with Nepal. In July 2018, the Government of Nepal made changes to the design of India's development partnership programme, which has an impact on India's small development project (SDP) scheme, through which a majority of India's assistance in social sector was facilitated since the year 2003. This paper examines the impact of India's development assistance on the education sector in Nepal and the effectiveness of the SDP scheme in enabling the same. Findings are based on an analysis of secondary information and a primary survey conducted in Nepal using ethnographic principles of research. Two broad categories of inputs were collected - disaggregated data on the quantum of assistance under the SDP scheme and qualitative inputs in terms of perception, experiences and anecdotes on India's development assistance in the education sector. Data was analysed using statistical tools and presented using QGIS. Findings of the study are used to make recommendations on how the design of India's development assistance to Nepal can be renewed.

     
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    hdl: 10419/203711
    Series: Working paper / Indian Council for Research on International Economic Relations ; no. 377
    Subjects: Development Partnership; Foreign Aid; Education Sector; Social Development; Small Development Projects; Sustainable Development; India-Nepal Relations
    Scope: 1 Online-Ressource (circa 29 Seiten), Illustrationen
  19. Optimal fiscal spending and reserve accumulation policies under volatile aid
    Author: Moldovan, Ioana R.; Yang, Shu-Chun S.; Zanna, Luis-Felipe
    Published: 2019
    Publisher:  International Monetary Fund, [Washington, DC]

    This paper assesses the optimal setting of fiscal spending and foreign exchange rate intervention policies in response to volatile foreign aid, in a small open economy model that incorporates typical features of low-income countries. Within a class... more

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    This paper assesses the optimal setting of fiscal spending and foreign exchange rate intervention policies in response to volatile foreign aid, in a small open economy model that incorporates typical features of low-income countries. Within a class of policy rules, it jointly considers the optimal aid spending and international reserve accumulation policies. The results show that it is optimal to adjust government spending gradually in response to unpredictable fluctuations in aid, while partially accumulating foreign exchange reserves to offset Dutch disease effects. Also, allocating relatively more of the government spending to productive public investment, and less to government consumption, is welfare improving

     
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  20. Fiscal buffers for natural disasters in Pacific island countries
    Author: Nishizawa, Hidetaka; Roger, Scott; Zhang, Huan
    Published: 2019
    Publisher:  International Monetary Fund, [Washington, DC]

    Pacific island countries (PICs) are vulnerable severe natural disasters, especially cyclones, inflicting large losses on their economies. In the aftermath of disasters, PIC governments face revenue losses and spending pressures to address... more

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    Hochschulbibliothek Pforzheim, Bereichsbibliothek Technik und Wirtschaft
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    Pacific island countries (PICs) are vulnerable severe natural disasters, especially cyclones, inflicting large losses on their economies. In the aftermath of disasters, PIC governments face revenue losses and spending pressures to address post-disaster relief and recovery efforts. This paper estimates the effects of severe natural disasters on fiscal revenues and expenditure in PICs. These are combined with information on the frequency of large disasters to calculate the rate of budgetary savings needed to build appropriate fiscal buffers. Fiscal buffers provide self-insurance against natural disaster shocks and facilitate quick disbursement for recovery and relief efforts, and protection of spending on essential services and infrastructure. The estimates can provide a benchmark for policymakers, and should be adjusted to take into account other sources of financing, as well as budget risks from less severe as well as more frequent disasters

     
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  21. Attaining selected sustainable development goals in Guatemala
    spending, provision, and financing needs
    Author: Pérez Ruiz, Esther; Soto, Mauricio
    Published: 2019
    Publisher:  International Monetary Fund, [Washington, DC]

    Raising living standards continues to be the main challenge facing Guatemala, as a matter of economic success and social cohesion. This paper discusses the spending, financing, and delivery capacity aspects of a viable development strategy for... more

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    Raising living standards continues to be the main challenge facing Guatemala, as a matter of economic success and social cohesion. This paper discusses the spending, financing, and delivery capacity aspects of a viable development strategy for Guatemala couched within the United Nations Sustainable Development Goals (SDGs) agenda. Overall, Guatemala faces additional spending of about 8 1\2 percent of GDP in 2030 to attain health, education, and roads, water, and sanitation infrastructure SDGs. While substantial, these cost estimates are commensurate with a well-defined financing strategy encompassing continuing tax administration efforts, broad-based tax reform, scaled-up private sector participation, and greater spending efficiency. Improving delivery capacities is also essential to secure access of those public goods to all Guatemalans, irrespective of their place of residence, ethnic group, or ability to pay

     
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  22. Foreign aid complementarities and inclusive human development in Africa
    Author: Asongu, Simplice; Odhiambo, Nicholas M.
    Published: [2019]
    Publisher:  African Governance and Development Institute, [Yaoundé]

    This study complements existing literature by assessing how various types of foreign aid complement each other in boosting inclusive human development in Africa. (a) When 'aid to social infrastructure' is moderated with other aid types, 'action on... more

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    This study complements existing literature by assessing how various types of foreign aid complement each other in boosting inclusive human development in Africa. (a) When 'aid to social infrastructure' is moderated with other aid types, 'action on debts' is substitutive whereas 'aid to the production sector', 'aid for program assistance' and humanitarian assistance are complementary. (b) 'Aid to the production sector' ('action on debt') is complementary (substitutive) to 'aid for economic infrastructure'. (c) Whereas 'action on debt' is a substitute to 'aid to the production sector', 'aid for social infrastructure' and 'aid for economic infrastructure' are complementary. (d) 'Action on debt' is a substitute for 'aid to the multi-sector'. (e) While 'aid for social infrastructure' and 'action on debt' are substitutive to 'aid for program assistance'; humanitarian assistance is complementary. (f) The following are substitutes to 'action on debt': 'aid for economic infrastructure', 'aid to the production sector', 'aid to the multi-sector' and 'programme assistance'. (g) 'Aid for social infrastructure' and 'programme assistance' are complementary to humanitarian assistance. The findings reveal various patterns that inform policy makers on the relevance of sequencing aid types to enhance inclusive development. Future research should focus on country-specific studies.

     
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/204938
    Series: AGDI working paper ; WP/19, 021
    Subjects: Foreign Aid; Inclusive Development; Africa
    Scope: 1 Online-Ressource (circa 31 Seiten)
  23. Taxation, foreign aid and political governance in Africa
    Author: Asongu, Simplice; Odhiambo, Nicholas M.
    Published: [2019]
    Publisher:  African Governance and Development Institute, [Yaoundé]

    This study examines the hypothesis that foreign aid dilutes the positive role of taxation on political governance. The empirical evidence is based on the Generalised Method of Moments and 53 African countries for the period 1996-2010. For more policy... more

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    This study examines the hypothesis that foreign aid dilutes the positive role of taxation on political governance. The empirical evidence is based on the Generalised Method of Moments and 53 African countries for the period 1996-2010. For more policy options, the dataset is disaggregated into fundamental characteristics of African development based on income levels, legal origins, natural resources and landlockedness. While the hypothesis is invalid in baseline Africa, low income and English common law countries of the continent, the research cannot conclude on its validity for other fundamental characteristics of development. Policy implications, caveats and directions for future research are discussed.

     
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/204939
    Series: AGDI working paper ; WP/19, 020
    Subjects: Foreign Aid; Political Economy; Development; Africa
    Scope: 1 Online-Ressource (circa 34 Seiten)