Does Aid Mitigate External Shocks?
Identifieur interne : 000472 ( Main/Exploration ); précédent : 000471; suivant : 000473Does Aid Mitigate External Shocks?
Auteurs : Paul Collier [Royaume-Uni] ; Benedikt Goderis [Royaume-Uni]Source :
- Review of Development Economics [ 1363-6669 ] ; 2009-08.
Abstract
The authors investigate the role of aid in mitigating the adverse effects of commodity export price shocks on growth in commodity‐dependent countries. Using a large cross‐country dataset, they find that negative shocks matter for short‐term growth, while the ex ante risk of shocks does not seem to matter. They also find that both the level of aid and the flexibility of the exchange rate substantially lower the adverse growth effect of shocks. While the mitigating effect of aid is significant in both countries with pegs and countries with floats, the effect seems to be smaller for the latter, suggesting that aid and exchange rate flexibility are partly substitutes. They investigate whether aid has historically been targeted at shock‐prone countries, but find no evidence that this is the case. This suggests that donors could increase aid effectiveness by redirecting aid toward countries with a high incidence of commodity export price shocks.
Url:
DOI: 10.1111/j.1467-9361.2009.00500.x
Affiliations:
Links toward previous steps (curation, corpus...)
- to stream Istex, to step Corpus: 000394
- to stream Istex, to step Curation: 000158
- to stream Istex, to step Checkpoint: 000176
- to stream Main, to step Merge: 000486
- to stream Main, to step Curation: 000472
Le document en format XML
<record><TEI wicri:istexFullTextTei="biblStruct"><teiHeader><fileDesc><titleStmt><title xml:lang="en">Does Aid Mitigate External Shocks?</title>
<author><name sortKey="Collier, Paul" sort="Collier, Paul" uniqKey="Collier P" first="Paul" last="Collier">Paul Collier</name>
</author>
<author><name sortKey="Goderis, Benedikt" sort="Goderis, Benedikt" uniqKey="Goderis B" first="Benedikt" last="Goderis">Benedikt Goderis</name>
</author>
</titleStmt>
<publicationStmt><idno type="wicri:source">ISTEX</idno>
<idno type="RBID">ISTEX:8AD5172ED14F1574BA7253FCF8F72DBAACD6115C</idno>
<date when="2009" year="2009">2009</date>
<idno type="doi">10.1111/j.1467-9361.2009.00500.x</idno>
<idno type="url">https://api.istex.fr/document/8AD5172ED14F1574BA7253FCF8F72DBAACD6115C/fulltext/pdf</idno>
<idno type="wicri:Area/Istex/Corpus">000394</idno>
<idno type="wicri:explorRef" wicri:stream="Istex" wicri:step="Corpus" wicri:corpus="ISTEX">000394</idno>
<idno type="wicri:Area/Istex/Curation">000158</idno>
<idno type="wicri:Area/Istex/Checkpoint">000176</idno>
<idno type="wicri:explorRef" wicri:stream="Istex" wicri:step="Checkpoint">000176</idno>
<idno type="wicri:doubleKey">1363-6669:2009:Collier P:does:aid:mitigate</idno>
<idno type="wicri:Area/Main/Merge">000486</idno>
<idno type="wicri:Area/Main/Curation">000472</idno>
<idno type="wicri:Area/Main/Exploration">000472</idno>
</publicationStmt>
<sourceDesc><biblStruct><analytic><title level="a" type="main" xml:lang="en">Does Aid Mitigate External Shocks?</title>
<author><name sortKey="Collier, Paul" sort="Collier, Paul" uniqKey="Collier P" first="Paul" last="Collier">Paul Collier</name>
<affiliation wicri:level="4"><country xml:lang="fr">Royaume-Uni</country>
<wicri:regionArea>Centre for the Study of African Economies, Department of Economics, University of Oxford</wicri:regionArea>
<placeName><settlement type="city">Oxford</settlement>
<region type="nation">Angleterre</region>
<region type="région" nuts="1">Oxfordshire</region>
</placeName>
<orgName type="university">Université d'Oxford</orgName>
</affiliation>
<affiliation wicri:level="1"><country wicri:rule="url">Royaume-Uni</country>
</affiliation>
</author>
<author><name sortKey="Goderis, Benedikt" sort="Goderis, Benedikt" uniqKey="Goderis B" first="Benedikt" last="Goderis">Benedikt Goderis</name>
<affiliation wicri:level="4"><country xml:lang="fr">Royaume-Uni</country>
<wicri:regionArea>Centre for the Study of African Economies, Department of Economics, University of Oxford</wicri:regionArea>
<placeName><settlement type="city">Oxford</settlement>
<region type="nation">Angleterre</region>
<region type="région" nuts="1">Oxfordshire</region>
</placeName>
<orgName type="university">Université d'Oxford</orgName>
</affiliation>
<affiliation wicri:level="1"><country wicri:rule="url">Royaume-Uni</country>
</affiliation>
</author>
</analytic>
<monogr></monogr>
<series><title level="j">Review of Development Economics</title>
<idno type="ISSN">1363-6669</idno>
<idno type="eISSN">1467-9361</idno>
<imprint><publisher>Blackwell Publishing Ltd</publisher>
<pubPlace>Oxford, UK</pubPlace>
<date type="published" when="2009-08">2009-08</date>
<biblScope unit="volume">13</biblScope>
<biblScope unit="issue">3</biblScope>
<biblScope unit="page" from="429">429</biblScope>
<biblScope unit="page" to="451">451</biblScope>
</imprint>
<idno type="ISSN">1363-6669</idno>
</series>
<idno type="istex">8AD5172ED14F1574BA7253FCF8F72DBAACD6115C</idno>
<idno type="DOI">10.1111/j.1467-9361.2009.00500.x</idno>
<idno type="ArticleID">RODE500</idno>
</biblStruct>
</sourceDesc>
<seriesStmt><idno type="ISSN">1363-6669</idno>
</seriesStmt>
</fileDesc>
<profileDesc><textClass></textClass>
<langUsage><language ident="en">en</language>
</langUsage>
</profileDesc>
</teiHeader>
<front><div type="abstract" xml:lang="en">The authors investigate the role of aid in mitigating the adverse effects of commodity export price shocks on growth in commodity‐dependent countries. Using a large cross‐country dataset, they find that negative shocks matter for short‐term growth, while the ex ante risk of shocks does not seem to matter. They also find that both the level of aid and the flexibility of the exchange rate substantially lower the adverse growth effect of shocks. While the mitigating effect of aid is significant in both countries with pegs and countries with floats, the effect seems to be smaller for the latter, suggesting that aid and exchange rate flexibility are partly substitutes. They investigate whether aid has historically been targeted at shock‐prone countries, but find no evidence that this is the case. This suggests that donors could increase aid effectiveness by redirecting aid toward countries with a high incidence of commodity export price shocks.</div>
</front>
</TEI>
<affiliations><list><country><li>Royaume-Uni</li>
</country>
<region><li>Angleterre</li>
<li>Oxfordshire</li>
</region>
<settlement><li>Oxford</li>
</settlement>
<orgName><li>Université d'Oxford</li>
</orgName>
</list>
<tree><country name="Royaume-Uni"><region name="Angleterre"><name sortKey="Collier, Paul" sort="Collier, Paul" uniqKey="Collier P" first="Paul" last="Collier">Paul Collier</name>
</region>
<name sortKey="Collier, Paul" sort="Collier, Paul" uniqKey="Collier P" first="Paul" last="Collier">Paul Collier</name>
<name sortKey="Goderis, Benedikt" sort="Goderis, Benedikt" uniqKey="Goderis B" first="Benedikt" last="Goderis">Benedikt Goderis</name>
<name sortKey="Goderis, Benedikt" sort="Goderis, Benedikt" uniqKey="Goderis B" first="Benedikt" last="Goderis">Benedikt Goderis</name>
</country>
</tree>
</affiliations>
</record>
Pour manipuler ce document sous Unix (Dilib)
EXPLOR_STEP=$WICRI_ROOT/Wicri/Terre/explor/NickelMaghrebV1/Data/Main/Exploration
HfdSelect -h $EXPLOR_STEP/biblio.hfd -nk 000472 | SxmlIndent | more
Ou
HfdSelect -h $EXPLOR_AREA/Data/Main/Exploration/biblio.hfd -nk 000472 | SxmlIndent | more
Pour mettre un lien sur cette page dans le réseau Wicri
{{Explor lien |wiki= Wicri/Terre |area= NickelMaghrebV1 |flux= Main |étape= Exploration |type= RBID |clé= ISTEX:8AD5172ED14F1574BA7253FCF8F72DBAACD6115C |texte= Does Aid Mitigate External Shocks? }}
This area was generated with Dilib version V0.6.27. |