Policy Responses to Aid Surges in Countries with Limited International Capital Mobility : The Role of the Exchange Rate Regime /
We study the role of the exchange rate regime, reserve accumulation, and sterilization policies in the macroeconomics of aid surges. Absent sterilization, a peg allows for almost full aid absorption - an increase in the current account deficit net of aid-delivering the same effects as those of a fle...
| Hovedforfatter: | Berg, Andrew |
|---|---|
| Andre forfattere: | Portillo, Rafael, Zanna, Luis-Felipe |
| Format: | Tidsskrift |
| Sprog: | English |
| Udgivet: |
Washington, D.C. :
International Monetary Fund,
2014.
|
| Serier: | IMF Working Papers; Working Paper ;
No. 2014/018 |
| Online adgang: | Full text available on IMF |
Lignende værker
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Monetary Policy Rules for Managing Aid Surges in Africa /
af: Buffie, Edward
Udgivet: (2007) -
Surging Capital Flows to Emerging Asia : Facts, Impacts, and Responses /
af: Nowak, Sylwia
Udgivet: (2012) -
Surging Investment and Declining Aid : Evaluating Debt Sustainability in Rwanda /
af: Clark JR, John
Udgivet: (2014) -
Surges /
af: Qureshi, Mahvash
Udgivet: (2012) -
Recent Experiences with Surges in Capital Inflows /
af: Kahn, Robert
Udgivet: (1993)