Fiscal Reforms and the Fiscal Effects of Aid in Uganda

被引:14
作者
Bwire, Thomas [1 ]
Lloyd, Tim [2 ]
Morrissey, Oliver [3 ]
机构
[1] Bank Uganda, Kampala, Uganda
[2] Univ Bournemouth, Dept Accounting Finance & Econ, Fac Management, Bournemouth, Dorset, England
[3] Univ Nottingham, Sch Econ, Sir Clive Granger Bldg, Nottingham NG7 2RD, England
关键词
AFRICA;
D O I
10.1080/00220388.2017.1303677
中图分类号
F0 [经济学]; F1 [世界各国经济概况、经济史、经济地理]; C [社会科学总论];
学科分类号
0201 ; 020105 ; 03 ; 0303 ;
摘要
Uganda implemented public expenditure and revenue management reforms from the early 1990s with specific aims of improving budget planning and aligning aid with fiscal priorities. The dynamic relationship between aid and domestic fiscal aggregates is analysed using a Cointegrated Vector Autoregressive model with annual data for 1972-2008 and quarterly data for 1997-2014. Aid has been a significant element of long-run fiscal equilibrium, associated with increased tax effort and public spending and reduced domestic borrowing. Fiscal reforms have improved aid and expenditure management, contributing to improved fiscal performance in Uganda, with lessons for other African countries.
引用
收藏
页码:1019 / 1036
页数:18
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