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7. Strengthening Governance

7. Strengthening Governance »

Source: 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

ISBN: 9781589065055

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

There is a growing consensus that good governance is essential if higher aid flows are to be effective in promoting growth and reducing poverty. 25 Major donors have made this poi...

9. Summary: Five Primary Guidelines

9. Summary: Five Primary Guidelines »

Source: 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

ISBN: 9781589065055

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

Scaling-up scenarios can be used to illustrate the potential impact on a country of a large increase in external aid and can help identify key measures and policies that will allow the country to absorb and...

1. The Macroeconomic Effects of Scaling Up Aid

1. The Macroeconomic Effects of Scaling Up Aid »

Source: 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

ISBN: 9781589065055

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

This handbook provides a checklist of the macroeconomic challenges that low-income countries are likely to face if they begin to receive significantly higher official development assistance (ODA) than in the...

3. Using Monetary Policy for Sterilization and Inflation Management

3. Using Monetary Policy for Sterilization and Inflation Management »

Source: 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

ISBN: 9781589065055

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

3.1. Policy Options for Sterilization If the monetary authorities are concerned with the liquidity impact of increases in aid-induced spending, they can sterilize the liquidity injec...