Aid And The Dutch-Disease In Ethiopia

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15 صفحه اول

No . 2007 / 50 Aid and Dutch Disease in the South Pacific

The impact of aid inflows on relative prices and output is ambiguous. Aid inflows that increase domestic expenditure are likely to cause real exchange rate appreciation, ceteris paribus. However, if this expenditure raises the capital stock in the traded goods sector, then output in this sector might not contract, at least in the steady state. Moreover, if investment in the nontraded goods sect...

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ژورنال

عنوان ژورنال: Ethiopian Journal of Economics

سال: 2009

ISSN: 1993-3681

DOI: 10.4314/eje.v16i2.46189