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Effectiveness of aid modalities on government financing: With reference to Tanzania
- Title
- Effectiveness of aid modalities on government financing: With reference to Tanzania
- Authors
- Han S.; Oh J.
- Ewha Authors
- 오진환
- SCOPUS Author ID
- 오진환
- Issue Date
- 2019
- Journal Title
- Global Business and Finance Review
- ISSN
- 1088-6931
- Citation
- Global Business and Finance Review vol. 24, no. 4, pp. 90 - 104
- Keywords
- Aid Effectiveness; Aid Modality; Panel Data; Program-Based Approach; Results-Based Approach
- Publisher
- People and Global Business Association
- Indexed
- SCOPUS; KCI
- Document Type
- Article
- Abstract
- This study empirically tests the effectiveness of two main aid modalities, conventional project-type aid and modern program-type aid, on a country’s economic growth and its budget expenditures. With respect to growth, neither type of aid showed a significant positive effect. In terms of fiscal response, however, both modalities indeed appeared to increase public expenditures in partner countries. This study specifically examines the case of Tanzania, among the countries where program-based approach (PBA) is most active. Tanzanian data support the abovementioned empirical findings; the country’s PBA, a specifically results-based approach (RBA) as an advanced version of PBA, is indeed positively related to government expenditures. © 2019 People and Global Business Association.
- DOI
- 10.17549/gbfr.2019.24.4.90
- Appears in Collections:
- 국제대학원 > 국제학과 > Journal papers
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