Foreign Aid and Consumption Smoothing: Evidence From Global Food Aid
Global food aid is considered a critical consumption smoothing mechanism in many countries. However, its record of stabilizing consumption has been mixed. This paper examines the cyclical properties of food aid with respect to food availability in recipient countries, with a view to assessing its im...
Gespeichert in:
| 1. Verfasser: | |
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Washington, D.C
International Monetary Fund
2003
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| Schriftenreihe: | IMF Working Papers
Working Paper No. 03/40 |
| Online-Zugang: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext |
| Zusammenfassung: | Global food aid is considered a critical consumption smoothing mechanism in many countries. However, its record of stabilizing consumption has been mixed. This paper examines the cyclical properties of food aid with respect to food availability in recipient countries, with a view to assessing its impact on consumption in some 150 developing countries and transition economies, covering 1970 to 2000. The results show that global food aid has been allocated to countries most in need. Food aid has also been countercyclical within countries with the greatest need. However, for most countries, food aid is not countercyclical. The amount of food aid provided is also insufficient to mitigate contemporaneous shortfalls in consumption. The results are robust to various specifications and filtering techniques and have important implications for macroeconomic and fiscal management |
| Beschreibung: | 1 Online-Ressource (26 p) |
| ISBN: | 1451845995 9781451845990 |
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| series2 | IMF Working Papers |
| spelling | Tiongson, Erwin Verfasser aut Foreign Aid and Consumption Smoothing Evidence From Global Food Aid Tiongson, Erwin Washington, D.C International Monetary Fund 2003 1 Online-Ressource (26 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 03/40 Global food aid is considered a critical consumption smoothing mechanism in many countries. However, its record of stabilizing consumption has been mixed. This paper examines the cyclical properties of food aid with respect to food availability in recipient countries, with a view to assessing its impact on consumption in some 150 developing countries and transition economies, covering 1970 to 2000. The results show that global food aid has been allocated to countries most in need. Food aid has also been countercyclical within countries with the greatest need. However, for most countries, food aid is not countercyclical. The amount of food aid provided is also insufficient to mitigate contemporaneous shortfalls in consumption. The results are robust to various specifications and filtering techniques and have important implications for macroeconomic and fiscal management Online-Ausg Clements, Benedict J. Sonstige oth Gupta, Sanjeev Sonstige oth http://elibrary.imf.org/view/IMF001/02573-9781451845990/02573-9781451845990/02573-9781451845990.xml Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Tiongson, Erwin Foreign Aid and Consumption Smoothing Evidence From Global Food Aid |
| title | Foreign Aid and Consumption Smoothing Evidence From Global Food Aid |
| title_auth | Foreign Aid and Consumption Smoothing Evidence From Global Food Aid |
| title_exact_search | Foreign Aid and Consumption Smoothing Evidence From Global Food Aid |
| title_exact_search_txtP | Foreign Aid and Consumption Smoothing Evidence From Global Food Aid |
| title_full | Foreign Aid and Consumption Smoothing Evidence From Global Food Aid Tiongson, Erwin |
| title_fullStr | Foreign Aid and Consumption Smoothing Evidence From Global Food Aid Tiongson, Erwin |
| title_full_unstemmed | Foreign Aid and Consumption Smoothing Evidence From Global Food Aid Tiongson, Erwin |
| title_short | Foreign Aid and Consumption Smoothing |
| title_sort | foreign aid and consumption smoothing evidence from global food aid |
| title_sub | Evidence From Global Food Aid |
| url | http://elibrary.imf.org/view/IMF001/02573-9781451845990/02573-9781451845990/02573-9781451845990.xml |
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