The macroeconomic management of foreign aid : opportunities and pitfalls / editors, Peter Isard ... [et al.].
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TextPublication details: Washington, D.C. : International Monetary Fund, 2006.Description: vi, 280 p. : ill. ; 23 cmISBN: - 1589065204
- 9781589065208
- 338.91 22
- HC60 .M2929 2006
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| 338.91 BUD Budget support as more effective aid? : | 338.91 FOR Foreign aid in the new global economy / | 338.91 GRO Growth and development in the global economy / | 338.91 MAC The macroeconomic management of foreign aid : | 338.91 THE Theory and practice of foreign aid / | 338.91068 WOR Managing the implementation of development projects : | 338.910956 STE Private sector and enterprise development : |
"Papers prepared for the seminar, which was hosted in Maputo by the Government of Mozambique during March 2005"--Foreword, p. iii.
Includes bibliographical references.
Foreign aid and macroeconomic management: overview and synopsis of key lessons / Peter Isard ... [et al.] -- Session I. Aid, growth, and poverty reduction: what should aid be trying to achieve? How good is the record? Aid and growth: the current debate and some new evidence / Steven Radelet, Michael Clemens, and Rikhil Bhavnani -- Aid, growth, and poverty / Aart Kraay -- Session II. Aid absorption: recognizing and avoiding macroeconomic hazards. Analytical overview of aid absorption: recognizing and avoiding macroeconomic hazards / David L. Bevan -- High aid inflows: the case of Ghana / Shekhar Aiyar ... [et al.] -- Absorptive capacity and achieving the MDGs: the case of Ethiopia / Mark Sundberg and Hans Lofgren -- Session III. Dutch disease: where do we stand? Exogenous inflows and real exchange rates: theoretical quirk or empirical reality? / Christopher Adam -- Session IV. Aid, volatility, and stabilization policy: does aid smooth absorption or exacerbate shocks? Reliability and countercyclicality. Volatility of development aid: unpleasant bean counting / Ales̆ Bulír̆ and A. Javier Hamann -- Session V. Aid, debt, and fiscal policy. Debt and new financing in low-income countries: looking back, thinking ahead / Christina Daseking and Bikas Joshi -- Session VI. Roles of aid, governance, and the political economy. Aid, governance, and the poltical economy: growth and institutions / Simon Johnson and Arvind Subramanian.
Argues that the Millennium Development Goals (MDGs) cannot be achieved without a substantial "scaling up" of foreign aid. This book shows how such increased aid flows must be managed effectively to ensure the greatest benefit.
oif 31/07/15
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