TY - BOOK AU - Isard,Peter ED - International Monetary Fund. TI - The macroeconomic management of foreign aid: opportunities and pitfalls SN - 1589065204 AV - HC60 .M2929 2006 U1 - 338.91 22 PY - 2006/// CY - Washington, D.C. PB - International Monetary Fund KW - Economic assistance KW - Congresses KW - Poverty KW - Fiscal policy KW - Foreign exchange rates N1 - "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 N2 - 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. ER -