caa a22 4500 397572913 CHVBK 20180308164846.0 cr unu---uuuuu 161202e199603 xx s 000 0 eng 10.1093/oxfordjournals.cje.a013612 doi (NATIONALLICENCE)oxford-10.1093/oxfordjournals.cje.a013612 Short-period macroeconomic aspects of foreign aid [Elektronische Daten] [Amit Bhaduri, Rune Skarstein] By concentrating on the supply side, the existing literature on foreign aid, e.g. the Two Gap or the Dutch Disease model, neglected the role that foreign aid might also play in influencing the level of domestic demand. This paper redresses the balance. It analyses the role of foreign aid in the short period by incorporating problems of both effective demand and supply side constraints. The analysis shows how and why aid can be useful or wasteful, especially in the context of economic liberalisation. This may, for example, imply that an increase in foreign aid has to be combined with an appropriate expansionary domestic demand policy in order to stimulate domestic employment and output. © 1996 Academic Press Limited Articles nationallicence Bhaduri Amit Jawaharlal Nehru University New Delhi aut Skarstein Rune University of Trondheim aut Cambridge Journal of Economics Oxford University Press 20/2(1996-03), 195-206 0309-166X 20:2<195 1996 20 cameco https://doi.org/10.1093/oxfordjournals.cje.a013612 text/html Onlinezugriff via DOI 1 research-article jats NATIONALLICENCE 856 40 https://doi.org/10.1093/oxfordjournals.cje.a013612 text/html Onlinezugriff via DOI NATIONALLICENCE 700 1- Bhaduri Amit Jawaharlal Nehru University New Delhi aut NATIONALLICENCE 700 1- Skarstein Rune University of Trondheim aut NATIONALLICENCE 773 0- Cambridge Journal of Economics Oxford University Press 20/2(1996-03), 195-206 0309-166X 20:2<195 1996 20 cameco Metadata rights reserved CC BY-NC-4.0 http://creativecommons.org/licenses/by-nc/4.0 nationallicence BK010053 XK010053 XK010000 NATIONALLICENCE NATIONALLICENCE NL-oxford