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Macroeconomic Challenges of Scaling Up Aid to Africa
			: A Checklist for Practitioners

Macroeconomic Challenges of Scaling Up Aid to Africa : A Checklist for Practitioners »

Series: IMF Special Issues

Author(s): Yongzheng Yang , Robert Powell , and Sanjeev Gupta

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 20 March 2006

DOI: http://dx.doi.org/10.5089/9781589065055.058

ISBN: 9781589065055

Keywords: exchange rate, real exchange rate, foreign exchange, foreign aid, central bank

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 handboo...

Development Aid and Economic Growth

Development Aid and Economic Growth »

Source: Development Aid and Economic Growth : A Positive Long-Run Relation

Volume/Issue: 2009/118

Series: IMF Working Papers

Author(s): Sanjay Reddy , and Camelia Minoiu

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 2009

ISBN: 9781451872651

Keywords: foreign aid, aid effectiveness, aid allocation, aid flows, terms of trade,

We analyze the growth impact of official development assistance to developing countries. Our approach is different from that of previous studies in two major ways. First, we disentangle the effects of two kinds of...

What Does Aid Do to Fiscal Policy? New Evidence

What Does Aid Do to Fiscal Policy? New Evidence »

Source: What Does Aid Do to Fiscal Policy? New Evidence

Volume/Issue: 2016/112

Series: IMF Working Papers

Author(s): Jean-Louis Combes , Rasmané Ouedraogo , and Sampawende Tapsoba

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 09 June 2016

ISBN: 9781484382691

Keywords: Foreign aid, Fiscal policy, Tax displacement, Fungibility, Aid illusion.

Foreign aid is a sizable source of government financing for several developing countries and its allocation matters for the conduct of fiscal policy. This paper revisits fiscal effects of shifts in aid dependency i...

Resilience and Growth in the Small States of the Pacific

Resilience and Growth in the Small States of the Pacific »

Series: Books

Author(s): Hoe Khor , Roger Kronenberg , and Patrizia Tumbarello

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 August 2016

DOI: http://dx.doi.org/10.5089/9781513507521.071

ISBN: 9781513507521

Keywords: Pacific islands, small states, natural disasters, climate change, foreign aid, resilience, dispersion, distance, remoteness, fisheries

Pacific island countries face unique challenges to realizing their growth potential and raising living standards. This book discusses ongoing challenges facing Pacific island countries and policy options to address...

Does Conditionality Mitigate the Potential Negative Effect of Aid on Revenues?1

Does Conditionality Mitigate the Potential Negative Effect of Aid on Revenues?1 »

Source: Does Conditionality Mitigate the Potential Negative Effect of Aid on Revenues?

Volume/Issue: 2016/142

Series: IMF Working Papers

Author(s): Ernesto Crivelli , and Sanjeev Gupta

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 21 July 2016

ISBN: 9781498379847

Keywords: Foreign aid; Tax revenue reform; structural conditionality

This paper assesses whether conditionality in IMF-supported programs has helped offset the potential negative effect of foreign aid on tax revenues. The analysis-carried out on panel data covering 1993-2012 for 111...

Donor Competition for Aid Impact, and Aid Fragmentation

Donor Competition for Aid Impact, and Aid Fragmentation »

Source: Donor Competition for Aid Impact, and Aid Fragmentation

Volume/Issue: 2012/204

Series: IMF Working Papers

Author(s): Kurt Annen , and Luc Moers

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 2012

ISBN: 9781475505542

Keywords: Aid Effectiveness, Aid Fragmentation, Donor Competition, Donor Coordination, humanitarian aid, aid coordination, foreign investment, Analysis of Collective Decision-Making: General,

This paper shows that donors that maximize relative aid impact spread their budgets across many recipient countries in a unique Nash equilibrium, explaining aid fragmentation. This equilibrium may be inefficient ev...

Walking a Fine Line: Public Investment Scaling Up and Debt Sustainability in Burkina Faso

Walking a Fine Line: Public Investment Scaling Up and Debt Sustainability in Burkina Faso »

Source: Walking a Fine Line : Public Investment Scaling-Up and Debt Sustainability in Burkina Faso

Series: Departmental Papers / Policy Papers

Author(s): Malangu Kabedi-Mbuyi , Mame Astou Diouf , and Constant Lonkeng Ngouana

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 11 April 2016

ISBN: 9781498358538

Keywords: Economic growth, Fiscal sustainability, Foreign aid, Foreign aid policy, investment, public investment, debt, environment, capital

This paper analyzes the macroeconomics of scaling up public investment in Burkina Faso under alternative financing options, including through foreign aid and a combination of tax adjustment and borrowing. Our findi...

Les défis macroéconomiques de l'expansion de l'aide à l'Afrique
			: Repères à l'intention des praticiens

Les défis macroéconomiques de l'expansion de l'aide à l'Afrique : Repères à l'intention des praticiens »

Series: IMF Special Issues

Author(s): Sanjeev Gupta , Robert Powell , and Yongzheng Yang

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 03 October 2006

Language: French

DOI: http://dx.doi.org/10.5089/9781589065727.058

ISBN: 9781589065727

Keywords: exchange rate, real exchange rate, foreign exchange, foreign aid, central bank, debt sustainability, exchange rate appreciation, external debt, exchange rates, debt relief

Over the next decade, African countries are expected to be the largest beneficiaries of increased donor aid, which is intended to improve their prospects of achieving the Millennium Development Goals. This handbook...

L'allégement de la dette peut-il doper la croissance des pauvres?

L'allégement de la dette peut-il doper la croissance des pauvres? »

Series: Economic Issues

Author(s): Toan Nguyen , Benedict Clements , and Rina Bhattacharya

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 30 August 2005

Language: French

DOI: http://dx.doi.org/10.5089/9781589064645.051

ISBN: 9781589064645

Keywords: debt service, external debt, debt relief, foreign debt, budget deficits, public debt, debt overhang, stock of debt, debt-service, debt burdens

The Heavily Indebted Poor Countries (HIPC) Initiative, launched in 1999 by the IMF and the World Bank, was the first coordinated effort by the international financial community to reduce the foreign debt of the wor...

Can Debt Relief Boost Growth in Poor Countries?

Can Debt Relief Boost Growth in Poor Countries? »

Series: Economic Issues

Author(s): Toan Nguyen , Benedict Clements , and Rina Bhattacharya

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 16 April 2007

Language: Arabic

DOI: http://dx.doi.org/10.5089/9781589064669.051

ISBN: 9781589064669

Keywords: debt service, external debt, debt relief, foreign debt, budget deficits, public debt, debt overhang, stock of debt, debt-service, debt burdens

The Heavily Indebted Poor Countries (HIPC) Initiative, launched in 1999 by the IMF and the World Bank, was the first coordinated effort by the international financial community to reduce the foreign debt of the wor...