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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Podrobná bibliografie
Hlavní autor: Berg, Andrew
Další autoři: Hussain, Mumtaz, Mahone, Amber, Roache, Shaun
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 2007.
Edice:Occasional Papers; Occasional Paper ; No. 2007/002
On-line přístup:Full text available on IMF
Popis
Shrnutí: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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Fyzický popis:1 online resource (114 pages)
Médium:Mode of access: Internet
ISSN:0251-6365
Přístup:Electronic access restricted to authorized BRAC University faculty, staff and students