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Aid, Fiscal Policy, Climate Change, and Growth

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  • David L. Bevan

Abstract

This paper sets out to provide an introduction to two sets of questions, and to some relevant literature that has tried to answer them. The first set of questions concern what determines growth in low-income countries, and how the answers are conditioned by the history of fiscal policy design (public capital, debt and deficit management, for example). The second (related) set of questions concerns how to design fiscal policy in face of future uncertainties over climate change, structural change, and the evolution of aid flows.

Suggested Citation

  • David L. Bevan, 2012. "Aid, Fiscal Policy, Climate Change, and Growth," WIDER Working Paper Series wp-2012-077, World Institute for Development Economic Research (UNU-WIDER).
    • Handle: RePEc:unu:wpaper:wp-2012-077
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    File URL: https://www.wider.unu.edu/sites/default/files/wp2012-077.pdf
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    References listed on IDEAS

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    2. Cheikh A. Gueye & Amadou N. R. Sy, 2015. "Beyond Aid: How Much Should African Countries Pay to Borrow?," Journal of African Economies, Centre for the Study of African Economies, vol. 24(3), pages 352-366.
    3. Mr. Daehaeng Kim & Mika Saito, 2009. "A Rule-Based Medium-Term Fiscal Policy Framework for Tanzania," IMF Working Papers 2009/244, International Monetary Fund.
    4. Imbs, Jean & Ranciere, Romain, 2005. "The overhang hangover," Policy Research Working Paper Series 3673, The World Bank.
    5. Adam, Christopher S. & Bevan, David L., 2005. "Fiscal deficits and growth in developing countries," Journal of Public Economics, Elsevier, vol. 89(4), pages 571-597, April.
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    7. Auriol, Emmanuelle & Warlters, Michael, 2012. "The marginal cost of public funds and tax reform in Africa," Journal of Development Economics, Elsevier, vol. 97(1), pages 58-72.
    8. Piyabha Kongsamut & Sergio Rebelo & Danyang Xie, 2001. "Beyond Balanced Growth," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 68(4), pages 869-882.
    9. Mr. Sergio Rebelo & Ms. Piyabha Kongsamut & Danyang Xie, 2001. "Beyond Balanced Growth," IMF Working Papers 2001/085, International Monetary Fund.
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    11. Era Dabla-Norris & Jim Brumby & Annette Kyobe & Zac Mills & Chris Papageorgiou, 2012. "Investing in public investment: an index of public investment efficiency," Journal of Economic Growth, Springer, vol. 17(3), pages 235-266, September.
    12. Gupta, Sanjeev & Kangur, Alvar & Papageorgiou, Chris & Wane, Abdoul, 2014. "Efficiency-Adjusted Public Capital and Growth," World Development, Elsevier, vol. 57(C), pages 164-178.
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    14. Vivien Foster & Cecilia Briceno-Garmendia, 2010. "Africa's Infrastructure : A Time for Transformation [Infrastructures africaines]," World Bank Publications - Books, The World Bank Group, number 2692.
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    Cited by:

    1. Channing Arndt & Finn Tarp, 2017. "Aid, Environment and Climate Change," Review of Development Economics, Wiley Blackwell, vol. 21(2), pages 285-303, May.

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    Keywords

    Climate change; Economic assistance and foreign aid; Public finance; Fiscal policy;
    All these keywords.

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