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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
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
Over the next decade, African countries are expected to be the largest beneficiaries of increased donor aid, which is intended to improve their prospects for achieving the Millennium Development Goals. This handbook will help these countries assess the macroeconomic implications of increased aid...
Persistent link: https://www.econbiz.de/10014410975
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
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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