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WP/077 Aid, Fiscal Policy, Climate Change, and Growth

This paper sets out to provide an introduction to two sets of questions, and to some relevant literature that has tried to answer them. The first set of questions concern what determines growth in low-income countries, and how the answers are conditioned by the history of fiscal policy design (public capital, debt and deficit management, for example). The second (related) set of questions concerns how to design fiscal policy in face of future uncertainties over climate change, structural change, and the evolution of aid flows. The paper is intended to ask questions, rather than answer them, but at least to provide some structure within which to do this.
Publisher:
UNU-WIDER
Series:
WIDER Working Paper
Volume:
2012/77
Title:
WP/077 Aid, Fiscal Policy, Climate Change, and Growth
Authors:
David Bevan
Publication date:
August 2012
ISBN 13 Web:
978-92-9230-540-6
Copyright holder:
© UNU-WIDER
Copyright year:
2012
Keywords:
structural change, low-income countries, environment, public capital and public financing
JEL:
F035, H011, O023, O044
Sponsor:
UNU-WIDER gratefully acknowledges specific programme contributions from the governments of Denmark (Ministry of Foreign Affairs, Danida) and Sweden (Swedish International Development Cooperation Agency—Sida) for ReCom. UNU-WIDER also gratefully acknowledges core financial support to its work programme from the governments of Denmark, Finland, Sweden, and the United Kingdom.
Format:
online
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