scholarly journals The cyclicality of government foreign-aid expenditure: voter awareness in “good” times and in “bad”

Public Choice ◽  
2019 ◽  
Author(s):  
Andrew Abbott ◽  
Philip Jones
Keyword(s):  
Foreign Aid ◽  
Government Spending ◽  
Policy Implications ◽  
Political Pressure ◽  
Fiscal Illusion ◽  
The Impact

AbstractWhile it has been argued that the cyclicality of government spending likely depends on the intensities of political pressure to increase expenditure, in economic upturns and downturns, it is important to explore the determinants of changes in the strengths of those pressures. This paper is the first (to our knowledge) to focus on the relevance of systematic changes in voter awareness of government spending. Predictions of the impact of changes in awareness are tested with reference to 23 OECD donor countries’ foreign aid expenditures over the 1999–2015 period. The evidence offers insights into the discretion governments exercise when “fiscal illusion” increases and into the policy implications of systematic changes in voter awareness (in “good” times and in “bad”).

scholarly journals Foreign Aid and Economic Growth in Vietnam: Empirical Study and Policy Implications

2016 ◽  
Vol 5 (2) ◽  
pp. 53 ◽  
Author(s):  
Nguyen Hoang Quy
Keyword(s):  
Economic Growth ◽  
Empirical Study ◽  
Foreign Aid ◽  
Statistical Data ◽  
Negative Relationship ◽  
Policy Implications ◽  
Project Appraisal ◽  
Management Capacity ◽  
Funded Project ◽  
The Impact

<p>This paper studies the impact of foreign aid on Vietnam economic growth. By analyzing Vietnam statistical data, the research results show a negative relationship between foreign aid and economic growth of Vietnam. The main reason may be due to wrong and ineffective usage of this aids, and also corruption in the country. On these basis, we propose some recommendations for improving the performance of aid usage by strictly managing and reasonably allocating aid fund. Accordingly, Vietnam Government should improve the State’s management capacity by implementing decentralized administration in a clear and transparent manner; by simplifying procedures; by improving aid-funded project appraisal; and by ensuring an independence of foreign aids.</p>

scholarly journals In-house or outsourced public services? A social and economic analysis of the impact of spending policy on the private wage share in OECD countries

2017 ◽  
Vol 58 (4) ◽  
pp. 333-351 ◽  
Author(s):  
Nicola Pensiero
Keyword(s):  
Public Sector ◽  
Government Spending ◽  
Oecd Countries ◽  
Policy Implications ◽  
Unemployment Benefits ◽  
Public Sector Employment ◽  
Wage Share ◽  
Bargaining Position ◽  
Negative Effect ◽  
The Impact

This article analyses the relationship between government spending and the distribution of private income between capital and labour. While most previous research assumes that government spending redistributes in favour of the less wealthy, I distinguish between types of expenditures that enhance the bargaining position of labour – that is, unemployment benefits, public sector employment and investment in new capital – and labour-saving and pro-business types of expenditures – that is, outsourcing to private firms. The results are derived from various panel regression techniques on a panel of 19 Organisation for Economic Co-operation and Development (OECD) countries in the period 1985–2010 and show that expenditures on public sector employment and, to a lesser extent, on new capital prevented the private wage share from declining further, even after controlling for labour market institutions, globalisation and technological change. Conversely, expenditures on outsourcing substantially contributed to reducing the private wage share. Unemployment benefits had a non-significant and negative effect on the private wage share because their increase was the consequence of higher levels of unemployment rather than policy. Implications for theory and policy are drawn, including the support for a public employment-led spending policy.

scholarly journals Foreign Aid, Debt, Tax Revenue and Government Spending in South Asia: A Panel Analysis

2021 ◽  
pp. 17-28
Author(s):  
Rozina Akter ◽  
Sakila Aziz Nila
Keyword(s):  
Foreign Aid ◽  
South Asia ◽  
South Asian ◽  
Government Spending ◽  
Positive Impact ◽  
Tax Revenue ◽  
Asian Countries ◽  
Explanatory Variables ◽  
Aid Dependency ◽  
The Impact

Purpose: Over the years, tax revenue, foreign aid, and debt play a prominent role in finance the South Asian countries’ government spending. Thus, this paper aims to analyze the effects of foreign aid, debt, and tax revenue on government spending in South Asia. Methodology: The study considers six south Asian countries over 25 years from 1990-2014. The panel data method is used to analyze the impact of explanatory variables on the dependent variable. Findings: From the empirical analysis, it is found that foreign aid, tax revenue, and total debt have a positive impact on government spending. It indicates that when these variables increase, government spending also grows significantly. However, a higher interest rate ebbs the volume of receiving debt among the sampled countries. Originality: Under this circumstance, this paper advocate that rational use of tax revenue may abate the aid dependency and debt burden in South Asian countries.

scholarly journals New Federalism: 2nd Edition

1984 ◽  
Vol 4 ◽  
pp. 22-39
Author(s):  
R. Lawson Veasey ◽  
W. David Moody
Keyword(s):  
Public Policy ◽  
Government Spending ◽  
Reagan Administration ◽  
Policy Implications ◽  
Supply Side ◽  
Federal Spending ◽  
New Federalism ◽  
Policy Initiatives ◽  
State Tax ◽  
The Impact

When the Reagan Administration took office in 1981, it concentrated its domestic efforts upon national government spending, deficits, and inflation. Its major proposed remedies have consisted of "supply-side" economics, cuts in the rates of federal spending on non-military programs and a return to greater state/local responsibility for public policy initiatives and financing. It is with this last aspect of the Reagan proposals that the present work is concerned: the impact and policy implications of federal decentralization on Arkansas. The option of a state tax increase is explored as Arkansas' response.

scholarly journals The Determinants of Economic Growth in Ghana: New Empirical Evidence

2018 ◽  
Vol 21 (3) ◽  
pp. 626-644 ◽  
Author(s):  
Sin-Yu Ho ◽  
Bernard Njindan Iyke
Keyword(s):  
Economic Growth ◽  
Human Capital ◽  
Foreign Aid ◽  
Financial Development ◽  
Negative Impact ◽  
Government Expenditure ◽  
Positive Influence ◽  
Policy Implications ◽  
The Impact ◽  
Determinants Of Economic Growth

This article deals with an investigation into the determinants of economic growth in Ghana over the period from 1975 to 2014. In particular, we investigated the impact of physical capital, human capital, labour, government expenditure, inflation, foreign aid, foreign direct investment, financial development, globalization and debt servicing on economic performance within an augmented Solow growth model. It was found that, in the long run, both human capital and foreign aid have a positive influence on output, while labour, financial development and debt servicing have a negative impact on output. It was also found that, in the short run, government expenditure and foreign aid have a positive influence on economic growth, while labour, inflation and financial development have a negative impact on economic growth. These findings hold important policy implications for the country.

Russia’s fiscal stimulus and fiscal sustainability

2013 ◽  
pp. 90-108 ◽  
Author(s):  
N. Akindinova ◽  
N. Kondrashov ◽  
A. Cherniavsky
Keyword(s):  
Government Spending ◽  
Public Expenditure ◽  
Oil Prices ◽  
Fiscal Sustainability ◽  
Macroeconomic Model ◽  
Sharp Drop ◽  
Fiscal Stimulus ◽  
Fiscal Multipliers ◽  
Russian Economy ◽  
The Impact

This study examines the impact of public expenditure on economic growth in Russia. Fiscal multipliers for various items of government spending are calculated by means of our macroeconomic model of the Russian economy. Resources for fiscal stimulus and optimization are analyzed. In this study we assess Russia’s fiscal sustainability in conditions of various levels of oil prices. We conclude that fiscal stimulus is ineffective in Russia, while fiscal sustainability in conditions of a sharp drop in oil prices is relatively low.

Economic Structure of Pakistan.—By Khawaja Amjad Saeed. Accountancy and Taxation Service Institute, Lahore, 1977. pp. 396.

1978 ◽  
Vol 17 (2) ◽  
pp. 264-265
Author(s):  
Moin-ud-din Moin-ud-din
Keyword(s):  
Foreign Aid ◽  
Statistical Data ◽  
International Comparisons ◽  
Balance Of Payments ◽  
Development Effort ◽  
Recent Past ◽  
World Economic ◽  
World Economic Order ◽  
The Impact ◽  
Vast Range

A number of books on Pakistan's economy have recently been published, but most of them do hot provide the latest statistical data or keep pace with events and development during the 1970's. The book under review, however, has admirably fulfilled the requirements. It covers a vast range of subjects concerning economic development in the country during the recent past The book is divided into nine parts and covers such diverse areas as development, industry, the price situation and the impact of inflation, Pakistan's planning and development effort, trade priorities and balance of payments situation, .taxation* foreign aid, and socio-economic reforms. The analysis is general, broadbased, and historical in perspective and a large amount of data have been put together. To bring out a clearer picture international comparisons are made whereever possible, especially in the last part of the book where the author reiterates on the need for a "New World Economic Order".

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