Aid, Spending Strategies and Productivity Effects - A Multi-Sectoral CGE Analysis for Zambia

Abstract

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Can stability of foreign aid agreement reduce global income inequality?

“…Furthermore, the CGE approach has been extensively used for the analysis of foreign aid (i.e. Nugent, 1988;Nechyba, 1996;Arndt and Tarp, 2001;Clausen and Schürenberg-Frosch, 2012).…”

Computable General Equilibrium Models for Policy Evaluation and Economic Consequence Analysis

“…A related development literature examines a broader range of outcomes in poor countries, for example the social, environmental and poverty impacts of trade policy and liberalization, 5 and the economic and social consequences of energy price shocks, energy market liberalization, and alternative energy promotion 6 . Similar studies investigate the macro-level developng country consequences of productivity improvements generated by foreign aid (Clausen and Schrenberg-Frosch, 2012), changes in the delivery of public services such as eduction and health (Debowicz and Golan, 2014;Roos and Giesecke, 2014) or domestic R&D and industrial policies to simulate economic growth (Breisinger et al, 2009;Ojha et al, 2013), and the growth consequences of worker protection and restrictions on international movements of labor (Ahmed and Peerlings, 2009;Moses and Letnes, 2004).…”