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dc.contributor.authorFielding, David
dc.contributor.authorGibson, Fred
dc.date.available2011-10-03T03:02:48Z
dc.date.copyright2011-08-01
dc.identifier.citationFielding, D., & Gibson, F. (2011). Aid and Dutch Disease in Sub-Saharan Africa (Economics Discussion Papers Series No. 1108). University of Otago. Retrieved from http://hdl.handle.net/10523/1883en
dc.identifier.issn1178-2293
dc.identifier.urihttp://hdl.handle.net/10523/1883
dc.description.abstractInternational aid has an ambiguous effect on the macro-economy of the recipient country. To the extent that aid raises consumer expenditure, there will be some real exchange rate appreciation and a shift of resources away from traded goods production and into non-traded goods production. However, aid for investment in the traded goods sector can mitigate this effect. Also, a relatively high level of productivity in the non-traded goods sector combined with a high level of investment will tend to depreciate the real exchange rate. We examine aid inflows in 26 Sub-Saharan African countries, and find a variety of macro-economic responses. Some of the variation in the responses can be explained by variation in observable country characteristics; this has implications for donor policy.en_NZ
dc.format.mimetypeapplication/pdf
dc.language.isoenen_NZ
dc.publisherUniversity of Otagoen_NZ
dc.relation.ispartofseriesEconomics Discussion Papers Seriesen_NZ
dc.relation.urihttp://www.business.otago.ac.nz/econ/research/discussionpapers/index.htmlen_NZ
dc.subjectaiden_NZ
dc.subjectDutch Diseaseen_NZ
dc.subjectAfricaen_NZ
dc.titleAid and Dutch Disease in Sub-Saharan Africaen_NZ
dc.typeDiscussion Paperen_NZ
otago.schoolDepartment of Economicsen_NZ
otago.openaccessOpen
otago.relation.number1108en_NZ
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