The macroeconomics of scaling up aid : lessons from recent experience /

The macroeconomics of scaling up aid : lessons from recent experience / Andrew Berg, Shekhar Aiyar, Mumtaz Hussain, Amber Mahone, Tokhir N. Mirzoev, Shaun K. Roache - Washington, DC : International Monetary Fund, c2007. - vii, 105 p. : col. ill. ; 28 cm.

"Andrew Berg, Shekhar Aiyar, Mumtaz Hussain, Shaun Roache, Tokhir Mirzoev, and Amber Mahone."

Includes bibliographical references (p. 101-103).

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.


eng

9781589065918 TZS 5,000/= 1589065913


Absorptive capacity (Economics)--Africa--Case studies.
Government spending policy--Africa--Case studies.
Economic assistance--Africa--Case studies.

339 MAC

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