The macroeconomics of scaling up aid: lessons from recent experience (Occasional Paper) - Softcover

Andrew Berg ... [et Al.]

Softcover

ISBN 10: 1589065913 ISBN 13: 9781589065918

Publisher: IMF, 2007

Synopsis

This study analyses key issues associated with large increases in aid, including absorptive capacity, Dutch disease, and inflation. The authors develop a framework that emphasises 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.

Edition details

• Publisher: IMF
• Publication date: 2007
• Language: English
• ISBN 10: 1589065913
• ISBN 13: 9781589065918
• Binding: Paperback
• Number of pages: 112