The Macroeconomics of Scaling Up Aid : Lessons from Recent Experience /

This study analyzes key issues associated with large increases in aid, including absorptive capacity, Dutch disease, and inflation. The authors develop a framework that emphasizes the different roles of monetary and fiscal policy and apply it to the recent experience of five countries: Ethiopia, Gha...

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Dades bibliogràfiques
Autor principal: Berg, Andrew
Altres autors: Hussain, Mumtaz, Mahone, Amber, Roache, Shaun
Format: Revista
Idioma:English
Publicat: Washington, D.C. : International Monetary Fund, 2007.
Col·lecció:Occasional Papers; Occasional Paper ; No. 2007/002
Accés en línia:Full text available on IMF
Descripció
Sumari:This study analyzes key issues associated with large increases in aid, including absorptive capacity, Dutch disease, and inflation. The authors develop a framework that emphasizes the different roles of monetary and fiscal policy and apply it to the recent experience of five countries: Ethiopia, Ghana, Mozambique, Tanzania, and Uganda. These countries have often found it difficult to coordinate monetary and fiscal policy in the face of conflicting objectives, notably to spend the aid money on domestic goods and to avoid excessive exchange rate appreciation.
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Descripció física:1 online resource (114 pages)
Format:Mode of access: Internet
ISSN:0251-6365
Accés:Electronic access restricted to authorized BRAC University faculty, staff and students