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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...

Do Remittances Reduce Aid Dependency?

Do Remittances Reduce Aid Dependency? »

Source: Do Remittances Reduce Aid Dependency?

Volume/Issue: 2011/246

Series: IMF Working Papers

Author(s): Maelan Le Goff , and Kangni Kpodar

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 October 2011

ISBN: 9781463923259

Keywords: Development aid, aid flows, aid dependency, bilateral aid, aid allocation, International Factor Movements and International Business: General, Economic Development: General,

Aid has been for decades an important source of financing for developing countries, but more recently remittance flows have increased rapidly and are beginning to dwarf aid flows. This paper investigates how remitt...

Aid and Growth at the Regional Level*

Aid and Growth at the Regional Level* »

Source: Aid and Growth at the Regional Level

Volume/Issue: 2015/196

Series: IMF Working Papers

Author(s): Axel Dreher , and Steffen Lohmann

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 03 September 2015

ISBN: 9781513514437

Keywords: Aid Effectiveness, Geo-coding, aid, regions, region, projects, regional level,

This paper brings the aid effectiveness debate to the sub-national level. We hypothesize the nonrobust results regarding the effects of aid on development in the previous literature to arise due to the effects of a...

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...

Empirical Evidence on the New International Aid Architecture

Empirical Evidence on the New International Aid Architecture »

Source: Empirical Evidence on the New International Aid Architecture

Volume/Issue: 2007/277

Series: IMF Working Papers

Author(s): Danny Cassimon , Stijn Claessens , and Bjorn Van Campenhout

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 2007

ISBN: 9781451868401

Keywords: Development aid, aid allocation, selectivity, HIPC, PRSP, aid architecture, debt, bilateral debt, debt reduction, multilateral debt,

We study how 22 donors allocate their bilateral aid among 147 recipient countries over the 1970- 2004 period to investigate whether changes in the international aid architecture?at the international and country lev...

Business Cycle Fluctuations, Large Shocks, and Development Aid

Business Cycle Fluctuations, Large Shocks, and Development Aid »

Source: Business Cycle Fluctuations, Large Shocks, and Development Aid : New Evidence

Volume/Issue: 2010/240

Series: IMF Working Papers

Author(s): Era Dabla-Norris , Camelia Minoiu , and Luis-Felipe Zanna

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 October 2010

ISBN: 9781455209408

Keywords: foreign aid, bilateral donors, business cycle, macroeconomic shocks, aid flows, bilateral aid, development aid, dynamic effects, Macroeconomic Analyses of Economic Development,

We examine the cyclical properties of development aid using bilateral data for 22 donors and over 100 recipients during 1970?2005. We find that bilateral aid flows are on average procyclical with respect to busines...

Health Aid and Infant Mortality1

Health Aid and Infant Mortality1 »

Source: Health Aid and Infant Mortality

Volume/Issue: 2007/100

Series: IMF Working Papers

Author(s): David Locke Newhouse , and Prachi Mishra

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 April 2007

ISBN: 9781451866643

Keywords: health aid, public health, fertility, Health: General,

This paper examines the relationship between health aid and infant mortality, using data from 118 countries between 1973 and 2004. Health aid has a statistically significant effect on infant mortality: doubling per...

How Volatile and Unpredictable Are Aid Flows, and What Are the Policy Implications?

How Volatile and Unpredictable Are Aid Flows, and What Are the Policy Implications? »

Source: How Volatile and Unpredictable Are Aid Flows, and What Are the Policy Implications?

Volume/Issue: 2001/167

Series: IMF Working Papers

Author(s): A. Hamann , and Ales Bulir

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 October 2001

ISBN: 9781451858181

Keywords: external aid, volatility, predictability, IMF-supported programs, correlation, prediction, aid flows,

This paper examines empirical evidence on the volatility and uncertainty of aid flows, and the main policy implications. Aid is found to be more volatile than fiscal revenues- particularly in highly aid-dependent c...

Volatility of Development Aid

Volatility of Development Aid »

Source: Volatility of Development Aid : From the Frying Pan into the Fire?

Volume/Issue: 2006/65

Series: IMF Working Papers

Author(s): A. Hamann , and Ales Bulir

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 2006

ISBN: 9781451863253

Keywords: External aid, ODA, volatility, predictability, aid flows, correlation, Low Income Developing Countries,

The positive impact of foreign aid is limited by the erratic behavior of aid flows. The introduction in 1999 of various initiatives anchored in Poverty Reduction Strategy Papers (PRSPs) which were aimed at strength...