The Macroeconomic Effects of Counterpart Funds and the Underlying Foreign Aid /

Counterpart funds generated through foreign currency or commodity aid have again become an issue of interest, in view of the substantial buildup of these funds. Contrary to the usual approach a model is developed in this paper, which takes account of the budgetary impact, supply-side and money deman...

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Bibliographic Details
Main Author: Mulder, Christian
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1992.
Series:IMF Working Papers; Working Paper ; No. 1992/047
Online Access:Full text available on IMF

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