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Budget Support Versus Project Aid

Budget Support Versus Project Aid »

Source: Budget Support Versus Project Aid

Volume/Issue: 2003/88

Series: IMF Working Papers

Author(s): Tito Cordella , and Giovanni Dell'Ariccia

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 April 2003

ISBN: 9781451851182

Keywords: aid policy, asymmetric information, empirical growth models, budget support, budget surplus, capital expenditures, budget constraint, capital expenditure, Asymmetric and Private Information, Welfare and Poverty: General

Should donors who are interested in the effectiveness of developmental programs rely on conditional budget support or on project aid? To answer this question, we present a model in which only a subset of the develo...

Budget Support Versus Project Aid

Budget Support Versus Project Aid »

Volume/Issue: 2003/88

Series: IMF Working Papers

Author(s): Tito Cordella , and Giovanni Dell'Ariccia

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 April 2003

DOI: http://dx.doi.org/10.5089/9781451851182.001

ISBN: 9781451851182

Keywords: aid policy, asymmetric information, empirical growth models, budget support, budget surplus, capital expenditures, budget constraint, capital expenditure, Asymmetric and Private Information, Welfare and Poverty: General

Should donors who are interested in the effectiveness of developmental programs rely on conditional budget support or on project aid? To answer this question, we present a model in which only a subset of the develo...

International Capital Crunches
			: The Time-Varying Role of Informational Asymmetries

International Capital Crunches : The Time-Varying Role of Informational Asymmetries »

Volume/Issue: 2002/43

Series: IMF Working Papers

Author(s): Ashoka Mody , and Mark Taylor

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 February 2002

DOI: http://dx.doi.org/10.5089/9781451846331.001

ISBN: 9781451846331

Keywords: disequilibrium, rationing, asymmetric information, international capital, international capital flows, capital crunch, stock market, International Lending and Debt Problems, Rationining,

We examine the determinants of capital flows to four developing countries during the 1990s using an explicitly disequilibrium econometric framework in which the supply and demand for capital are not necessarily equ...

Limits of Conditionality in Poverty Reduction Programs

Limits of Conditionality in Poverty Reduction Programs »

Volume/Issue: 2002/115

Series: IMF Working Papers

Author(s): Giovanni Dell'Ariccia , and Tito Cordella

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 July 2002

DOI: http://dx.doi.org/10.5089/9781451853872.001

ISBN: 9781451853872

Keywords: Asymmetric Information, social spending, poverty alleviation, Information And Uncertainty, Welfare And Poverty,

When donors and recipients have different preferences over budgetary allocations, conditionality helps the implementation of donor-financed poverty reduction programs. However, if donors cannot perfectly monitor al...

What is Different About Family Businesses?

What is Different About Family Businesses? »

Volume/Issue: 2001/70

Series: IMF Working Papers

Author(s): Ralph Chami

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 2001

DOI: http://dx.doi.org/10.5089/9781451849158.001

ISBN: 9781451849158

Keywords: altruism, asymmetric information, family business, trust, nonmarket transactions, moral hazard, corporate governance, family businesses, moral hazard problem, business school

Family businesses make up forty percent of the Fortune 500 companies in the US, generate about two-thirds of the German GDP, employ about one-half of the labor force in Britain, and account for the majority of the...

International Capital Crunches

International Capital Crunches »

Source: International Capital Crunches : The Time-Varying Role of Informational Asymmetries

Volume/Issue: 2002/43

Series: IMF Working Papers

Author(s): Ashoka Mody , and Mark Taylor

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 February 2002

ISBN: 9781451846331

Keywords: disequilibrium, rationing, asymmetric information, international capital, international capital flows, capital crunch, stock market, International Lending and Debt Problems, Rationining,

We examine the determinants of capital flows to four developing countries during the 1990s using an explicitly disequilibrium econometric framework in which the supply and demand for capital are not necessarily equ...

Limits of Conditionality in Poverty Reduction Programs

Limits of Conditionality in Poverty Reduction Programs »

Source: Limits of Conditionality in Poverty Reduction Programs

Volume/Issue: 2002/115

Series: IMF Working Papers

Author(s): Giovanni Dell'Ariccia , and Tito Cordella

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 July 2002

ISBN: 9781451853872

Keywords: Asymmetric Information, social spending, poverty alleviation, Information And Uncertainty, Welfare And Poverty,

When donors and recipients have different preferences over budgetary allocations, conditionality helps the implementation of donor-financed poverty reduction programs. However, if donors cannot perfectly monitor al...

What is Different About Family Businesses?

What is Different About Family Businesses? »

Source: What is Different About Family Businesses?

Volume/Issue: 2001/70

Series: IMF Working Papers

Author(s): Ralph Chami

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 2001

ISBN: 9781451849158

Keywords: altruism, asymmetric information, family business, trust, nonmarket transactions, moral hazard, corporate governance, family businesses, moral hazard problem, business school

Family businesses make up forty percent of the Fortune 500 companies in the US, generate about two-thirds of the German GDP, employ about one-half of the labor force in Britain, and account for the majority of the...