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This paper investigates the macroeconomic challenges created by a surge in aid inflows. It develops an analytical framework for examining possible policy responses to increased aid, in terms of absorption and spending of aid - where the central bank controls absorption through monetary policy...
Persistent link: https://www.econbiz.de/10003793498
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This paper surveys the economic literature on the scaling-up of aid to Africa. It provides a checklist of issues that …
Persistent link: https://www.econbiz.de/10012780736
Investigates the macroeconomic challenges for low-income countries created by a surge in aid inflows. It develops an analytical framework for examining possible policy responses to increased aid, and then applies this framework to the experience of five relatively well-governed countries that...
Persistent link: https://www.econbiz.de/10014409798
This paper surveys the economic literature on the scaling-up of aid to Africa. It provides a checklist of issues that …
Persistent link: https://www.econbiz.de/10014404188
Persistent link: https://www.econbiz.de/10000997773
in the structural relations between varied causative factors is more pronounced in Africa where conditions for growth and … determinant of financial development in Africa could have culminated into the misalignment of the continent financialisation … reach conclusions that can redefine policy and research on Africa's financialisation objectives. We compared result along …
Persistent link: https://www.econbiz.de/10012603080
-stabilization countries in Sub-Saharan Africa. -- monetary policy ; currency substitution ; aid ; Africa ; DSGE models …
Persistent link: https://www.econbiz.de/10003793493
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