Aid Volatility and Dutch Disease : Is There a Role for Macroeconomic Policies? /
This paper studies how macroeconomic policies can help offset two unintended and undesirable features of foreign aid: its volatility and Dutch disease. We present evidence that aid volatility augments trade balance volatility and that foreign aid, with the important exception of years of adverse sho...
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| Médium: | Časopis |
| Jazyk: | English |
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Washington, D.C. :
International Monetary Fund,
2006.
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| Edice: | IMF Working Papers; Working Paper ;
No. 2006/145 |
| On-line přístup: | Full text available on IMF |