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The real exchange rate, foreign aid and macroeconomic transmission mechanisms in Tanzania and Ghana
University of Copenhagen, Denmark.
Linnéuniversitetet, Ekonomihögskolan (FEH), Institutionen för nationalekonomi och statistik (NS).ORCID-id: 0000-0002-2905-6281
University of Copenhagen, Denmark ; United Nations University World Institute of Development Research (UNU-WIDER), Finland.
2017 (engelsk)Inngår i: Journal of Development Studies, ISSN 0022-0388, E-ISSN 1743-9140, Vol. 53, nr 7, s. 1075-1103Artikkel i tidsskrift (Fagfellevurdert) Published
Abstract [en]

A recent study of 36 sub-Saharan African countries found a positive impact of aid in the majority of these countries. However, for Tanzania and Ghana, two major aid recipients, aid did not seem to have been equally beneficial. This study singles out these two countries for a more detailed empirical investigation. The focus is on the effect of aid when allowing external and nominal factors to play a role in the macroeconomic transmission mechanism. We conclude that when monetary and external factors are properly accounted for, then aid has been pivotal to growth in both real GDP and investment.

sted, utgiver, år, opplag, sider
Taylor & Francis, 2017. Vol. 53, nr 7, s. 1075-1103
HSV kategori
Forskningsprogram
Ekonomi, Nationalekonomi
Identifikatorer
URN: urn:nbn:se:lnu:diva-62082DOI: 10.1080/00220388.2017.1305106ISI: 000403552200006Scopus ID: 2-s2.0-85017146794OAI: oai:DiVA.org:lnu-62082DiVA, id: diva2:1086850
Tilgjengelig fra: 2017-04-04 Laget: 2017-04-04 Sist oppdatert: 2019-08-29bibliografisk kontrollert

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