Burundi has experienced a significant increase in aid flows in recent years. Currently, about half of the budget is funded by aid, mostly grants. The high external assistance has, however, not yet translated into high and sustainable growth rates. This paper analyzes (i) the policy response of the government to the aid surge and its impact on macroeconomic variables; and (ii) the allocation of external assistance and its implications for growth. Since...
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详细
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2010/01/01
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政策研究报告
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WPS5180
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1
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1
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2010/07/01
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Disclosed
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Potential benefits and risks of increased aid flows to Burundi
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case in low income countries