The macroeconomic management of foreign aid : opportunities and pitfalls

VI, 280 S.

graph. Darst.

23 cm

Enth. 10 Beitr. - Includes bibliographical references. - "Papers prepared for the seminar, which was hosted in Maputo by the Government of Mozambique during March 2005"--Foreword, p. iii

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.

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