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Aid and Income Stabilization

Author

Listed:
  • Sylviane Guillaumont Jeanneney

    (CERDI - Centre d'Études et de Recherches sur le Développement International - UdA - Université d'Auvergne - Clermont-Ferrand I - CNRS - Centre National de la Recherche Scientifique)

  • Sampawende Jules Tapsoba

    (CERDI - Centre d'Études et de Recherches sur le Développement International - UdA - Université d'Auvergne - Clermont-Ferrand I - CNRS - Centre National de la Recherche Scientifique)

Abstract

This article contributes to the debate on aid volatility and argues that official assistance copes with exogenous output shocks in recipient countries and stabilizes resources available for the financing of consumption, investment and net trade. Stabilizing aid is effective in aid-dependent and vulnerable states. Aid volatility and disbursement lags are not significant determinants of the stabilizing impact of aid.

Suggested Citation

  • Sylviane Guillaumont Jeanneney & Sampawende Jules Tapsoba, 2011. "Aid and Income Stabilization," CERDI Working papers halshs-00554289, HAL.
    • Handle: RePEc:hal:cdiwps:halshs-00554289
    Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-00554289
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    References listed on IDEAS

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