How Volatile and Unpredictable Are Aid Flows, and What Are the Policy Implications? /

How Volatile and Unpredictable Are Aid Flows, and What Are the Policy Implications? /

This paper examines empirical evidence on the volatility and uncertainty of aid flows, and the main policy implications. Aid is found to be more volatile than fiscal revenues- particularly in highly aid-dependent countries-and mildly procyclical in relation to activity in the recipient country. Thes...

Cur síos iomlán

Sonraí bibleagrafaíochta
Príomhchruthaitheoir:	Hamann, A.
Rannpháirtithe:	Bulir, Ales
Formáid:	IRIS
Teanga:	English
Foilsithe / Cruthaithe:	Washington, D.C. : International Monetary Fund, 2001.
Sraith:	IMF Working Papers; Working Paper ; No. 2001/167
Rochtain ar líne:	Full text available on IMF

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