Series: IMF Working Papers
Author(s): Sanjeev Gupta , Duncan Last , Isabell Adenauer , Kevin Fletcher , Gerd Schwartz , Shamsuddin Tareq , and Richard Allen
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 September 2007
This paper discusses the role of fiscal policy and fiscal institutions in managing scaled-up aid. In an environment of volatile scaled-up aid, fiscal policy formulation should be anchored in medium-term frameworks,...