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Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook x Development Planning and Policy x clear all

Addressing the “Wicked Problem” of Input Subsidy Programs in Africa

Jacob Ricker-Gilbert, Thomas Jayne and Gerald Shively.

in Applied Economic Perspectives and Policy

June 2013; p ublished online February 2013 .

Journal Article. Subjects: Corporate Regulation; Development Planning and Policy; Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook; Agricultural Economics; Economic Development. 8875 words.

This article reviews and critically assesses evidence on input subsidy programs implemented in selected countries over the past decade in Africa. We believe that input subsidies should be...

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Fiscal Reforms and Public Investment in Africa

Christopher Adam and David Bevan.

in Journal of African Economies

March 2015; p ublished online February 2015 .

Journal Article. Subjects: National Budget, Deficit, and Debt; National Government Expenditures and Related Policies; Development Planning and Policy; Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook; Economic Development. 11096 words.

Extending a model by Buffie et al. (2012), we explore the macroeconomic implications of public investment and fiscal reforms in an environment where the tax system is distortionary. We...

How large is the Government Spending Multiplier? Evidence from World Bank Lending

Aart Kraay.

in The Quarterly Journal of Economics

May 2012; p ublished online March 2012 .

Journal Article. Subjects: Development Planning and Policy; Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook. 19426 words.

This article proposes a novel approach to empirically identifying government spending multipliers that relies on two features unique to many low-income countries: (1) borrowing from the...

Is Foreign Aid Fungible? Evidence from the Education and Health Sectors

Nicolas Van de Sijpe.

in The World Bank Economic Review

June 2013; p ublished online October 2012 .

Journal Article. Subjects: Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook; International Finance; National Government Expenditures and Related Policies; Development Planning and Policy. 14925 words.

This paper adopts a new approach to the issue of foreign aid fungibility. Unlike most existing empirical studies, I employ panel data that contain information on the specific purposes for...

Not your grandfather's IMF: global crisis, ‘productive incoherence’ and developmental policy space

Ilene Grabel.

in Cambridge Journal of Economics

September 2011; p ublished online September 2011 .

Journal Article. Subjects: International Relations and International Political Economy; Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook; Development Planning and Policy. 14776 words.

The response by the International Monetary Fund (IMF) (and developing country national governments) to the current global financial crisis represents a moment of what I term ‘productive...

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Political Influence on Fiscal and Monetary Policy in Sub-Saharan Africa

Rebecca Neumann and John Ssozi.

in Journal of African Economies

January 2016; p ublished online August 2015 .

Journal Article. Subjects: Prices, Business Fluctuations, and Cycles; Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook; Development Planning and Policy; Macroeconomics and Monetary Economics; Growth and Fluctuations; Capitalist Systems. 18120 words.

This article examines the extent to which political variables affect budget deficits, money growth and inflation in Sub-Saharan Africa (SSA). Using the Arellano–Bond dynamic panel data...

Walking up the Down Escalator: Public Investment and Fiscal Stability

William Easterly, Timothy Irwin and Luis Servén.

in The World Bank Research Observer

January 2008; p ublished online January 2008 .

Journal Article. Subjects: National Budget, Deficit, and Debt; National Government Expenditures and Related Policies; Development Planning and Policy; Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook. 7600 words.

When growth-promoting spending is cut so much that the present value of future government revenues falls by more than the immediate improvement in the cash deficit, fiscal adjustment...

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