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...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Hamann, A.
مؤلفون آخرون: Bulir, Ales
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2001.
سلاسل:IMF Working Papers; Working Paper ; No. 2001/167
الوصول للمادة أونلاين:Full text available on IMF