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Working Paper
The Fiscal Effects of Aid in GhanaAn important feature of aid to developing countries is that it is given to the government. As a result, aid should be expected to affect fiscal behaviour, although theory and existing evidence is ambiguous regarding the nature of these effects. This...
Working Paper
The Burden of Government Debt in the Indian StatesIn this paper we explore what impact, if any, government debts have on achieving the Millennium Development Goals for the Indian states. To fulfill the goals, national governments, especially in the developing world, have to undertake major...
Working Paper
Financial Markets and GovernmentsA survey of the changing relationship between the market for political services and the market for financial services.
Working Paper
Toward closer cohesion of international tax statisticsThe Government Revenue Dataset (GRD) was launched in September 2014 and, in the few years since, has gone on to be recognized as the go-to source for researchers and policy makers seeking cross-country data on government revenues and taxes. However...
Journal Special Issue
The CFA Franc Zone 10 Years After DevaluationMembers of the CFA-zone enjoy currency convertibility, fiscal and monetary policies which are more prudent than SSA as a whole, and a large amount of financial and technical assistance. These advantages do not appear, however, to have resulted in...
Working Paper
Income Inequality in Latin AmericaThe paper reviews the extent of the income inequality decline that took place in Latin America in 2002-10 and then focuses on the factors that may explain such decline. These include a lowered skill premium following an expansion of secondary...
Working Paper
The impact of aid on total government expendituresAid is said to be fungible at the aggregate level if it raises government expenditures by less than the total amount. This happens when the recipient government decreases domestic revenue, decreases net borrowing, or when aid bypasses the budget...
Policy Brief
Fiscal Policy for Poverty Reduction, Reconstruction, and GrowthGrowth, poverty reduction, and social peace are all undermined when public expenditure management and taxation are weak and when the fiscal deficit and public debt are not managed successfully. And large-scale aid and debt relief cannot work without...
Working Paper
Taxes and Tax Reform in Ethiopia, 1990-2004In 1991 the Ethiopian Revolution Democratic Front (EPRDF) toppled the old ‘socialist’ regime that had ruled the country for seventeen years. In contrast to the previous policy regime of hard control, EPRDF initiated a wide range of reforms that...
Working Paper
The Political Economy of Postwar Reconstruction in LebanonThis paper studies the postwar economic and political reconstruction in Lebanon. The paper shows that the ‘reconstruction boom’ was short-lived. The economy experienced a growth trap early in the reconstruction period, and entered a cyclical crisis...
Working Paper
Which Types of Aid Have the Most Impact?The paper uses an aid disaggregation approach to examine the impact of different types of aid on the fiscal sector of the aid-recipient country. It uses time-series data on different types of aid (project aid, programme aid, technical assistance and...
Working Paper
Aid, Debt Burden and Government Fiscal BehaviourThis paper examines the impact of foreign aid on public sector fiscal behaviour in Côte d’Ivoire. A special interest is the relationship between aid, debt servicing and debt, given that Côte d’Ivoire is a highly indebted country. The theoretical...
Working Paper
Making Fiscal Space Happen!Debt relief and the scaling up of aid to low-income countries should allow for greater fiscal space for expenditure programmes to create long-term growth and lower poverty rates. But designing a suitable medium-term fiscal framework that fosters a...
Displaying 16 of 193 results