The Macroeconomic Effects of Counterpart Funds and the Underlying Foreign Aid

The Macroeconomic Effects of Counterpart Funds and the Underlying Foreign Aid
Counterpart funds generated through foreign currency or commodity aid have again become an issue of interest, in view of the substantial buildup of these funds. Contrary to the usual approach a model is developed in this paper, which takes account of the budgetary impact, supply-side and money demand effects of counterpart funds and the... READ MORE...

Publication date: June 1992
ISBN 9781451846591
$15.00

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