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...

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Chi tiết về thư mục
Tác giả chính: Hamann, A.
Tác giả khác: Bulir, Ales
Định dạng: Tạp chí
Ngôn ngữ:English
Được phát hành: Washington, D.C. : International Monetary Fund, 2001.
Loạt:IMF Working Papers; Working Paper ; No. 2001/167
Truy cập trực tuyến:Full text available on IMF