The macroeconomics of scaling up aid

Description:

This study analyzes key issues associated with large increases in aid, including absorptive capacity, Dutch disease, and inflation. The authors develop a framework that emphasizes the different roles of monetary and fiscal policy and apply it to the recent experience of five countries: Ethiopia, Ghana, Mozambique, Tanzania, and Uganda. These countries have often found it difficult to coordinate monetary and fiscal policy in the face of conflicting objectives, notably to spend the aid money on domestic goods and to avoid excessive exchange rate appreciation.

subjects: Absorptive capacity (Economics),  Economic assistance,  Case studies,  Government spending policy,  Cas, Études de,  Modèles économétriques,  Capacité d'absorption (Économie politique),  Nationalbudget,  Entwicklungshilfe,  Utvecklingsbistånd,  Dépenses publiques,  Fallstudier,  Finanspolitik,  Aide économique,  Aide à l'étranger,  Wirtschaftshilfe,  Penningpolitik,  Aide au développement,  Öffentliche Investition,  Nationalräkenskaper,  Politique gouvernementale,  Economic development,  Africa, economic conditions,  Capacite? d'absorption (Economie politique),  Etudes de Cas,  Depenses publiques,  Aide economique,  Capacidad absorbente (Economia),  Estudio de casos,  Politica de gastos de gobierno,  Asistencia economica,  Economic development projects

Places: Africa