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Appendix: Summaries of Country Studies*

Appendix: Summaries of Country Studies* »

Source: Enhancing Development Assistance to Africa : Lessons from Scaling-Up Scenarios

Series: Departmental Papers / Policy Papers

Author(s): Matthew Gaertner , Laure Redifer , Pedro Conceição , Rafael Portillo , Luis-Felipe Zanna , Jan Gottschalk , Andrew Berg , Ayodele Odusola , Brett House , and José Saúl Lizondo

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 March 2012

ISBN: 9781616352370

Keywords: Official development assistance, Sub-Saharan Africa, exchange rate, public investment, real exchange rate, exchange rate appreciation, real exchange rate appreciation

Benin Meeting the Gleneagles commitment for Benin would require a moderate scaling up of aid by approximately 2 percent of GDP over the next few years. Aid inflows were 5.9 percent o...

CHAPTER 6 Challenges Ahead

CHAPTER 6 Challenges Ahead »

Source: Coping with the Global Financial Crisis : Challenges Facing Low-Income Countries

Series: Departmental Papers / Policy Papers

Author(s): Stefania Fabrizio

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 16 March 2010

ISBN: 9781589069299

Keywords: External debt, Commodity prices, Economic growth, Global Financial Crisis 2008-2009, Low-income developing countries, external financing, debt sustainability, debt burden, exchange rate

The use of fiscal and other policies to counter the effects of the recession should continue, where appropriate, until it is clear that recovery is under way. Past gains from macroeconomic stabilization and...

Chapter 5 Conclusion

Chapter 5 Conclusion »

Source: Enhancing Development Assistance to Africa : Lessons from Scaling-Up Scenarios

Series: Departmental Papers / Policy Papers

Author(s): Matthew Gaertner , Laure Redifer , Pedro Conceição , Rafael Portillo , Luis-Felipe Zanna , Jan Gottschalk , Andrew Berg , Ayodele Odusola , Brett House , and José Saúl Lizondo

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 March 2012

ISBN: 9781616352370

Keywords: Official development assistance, Sub-Saharan Africa, exchange rate, public investment, real exchange rate, exchange rate appreciation, real exchange rate appreciation

This paper analyzes the implications of scaling up aid to Africa in line with the international commitments made at the 2005 G-8 Gleneagles Summit. It reflects the results of 10 pil...

CHAPTER 5 Financing Needs and Support from the International Community

CHAPTER 5 Financing Needs and Support from the International Community »

Source: Coping with the Global Financial Crisis : Challenges Facing Low-Income Countries

Series: Departmental Papers / Policy Papers

Author(s): Stefania Fabrizio

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 16 March 2010

ISBN: 9781589069299

Keywords: External debt, Commodity prices, Economic growth, Global Financial Crisis 2008-2009, Low-income developing countries, external financing, debt sustainability, debt burden, exchange rate

LICs are facing large external financing needs in 2009–10, averaging about US$25 billion a year higher than in 2008. The Fund and other international financial institutions (IFIs) have increased their financ...

CHAPTER 3 How Are LICs Affected?

CHAPTER 3 How Are LICs Affected? »

Source: Coping with the Global Financial Crisis : Challenges Facing Low-Income Countries

Series: Departmental Papers / Policy Papers

Author(s): Stefania Fabrizio

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 16 March 2010

ISBN: 9781589069299

Keywords: External debt, Commodity prices, Economic growth, Global Financial Crisis 2008-2009, Low-income developing countries, external financing, debt sustainability, debt burden, exchange rate

For many LICs the crisis is expected to have a severe impact on economic growth this year, but a V-shaped recovery is expected for 2010. An Overview LIC economies are being...

Chapter 1 Introduction

Chapter 1 Introduction »

Source: Enhancing Development Assistance to Africa : Lessons from Scaling-Up Scenarios

Series: Departmental Papers / Policy Papers

Author(s): Matthew Gaertner , Laure Redifer , Pedro Conceição , Rafael Portillo , Luis-Felipe Zanna , Jan Gottschalk , Andrew Berg , Ayodele Odusola , Brett House , and José Saúl Lizondo

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 March 2012

ISBN: 9781616352370

Keywords: Official development assistance, Sub-Saharan Africa, exchange rate, public investment, real exchange rate, exchange rate appreciation, real exchange rate appreciation

Much of sub-Saharan Africa (SSA) has grown strongly in recent years. Since about 1995, and for the first time in decades, low-income countries (LICs) in the region have been growing...

CHAPTER 1 Introduction

CHAPTER 1 Introduction »

Source: Coping with the Global Financial Crisis : Challenges Facing Low-Income Countries

Series: Departmental Papers / Policy Papers

Author(s): Stefania Fabrizio

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 16 March 2010

ISBN: 9781589069299

Keywords: External debt, Commodity prices, Economic growth, Global Financial Crisis 2008-2009, Low-income developing countries, external financing, debt sustainability, debt burden, exchange rate

Low-income countries (LICs) are being hit hard by the global financial crisis. They are facing a sharp contraction in export growth, foreign direct investment (FDI) inflows, and remittances, as well as lower...

CHAPTER 2 Outlook for Global Growth and Commodity Prices

CHAPTER 2 Outlook for Global Growth and Commodity Prices »

Source: Coping with the Global Financial Crisis : Challenges Facing Low-Income Countries

Series: Departmental Papers / Policy Papers

Author(s): Stefania Fabrizio

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 16 March 2010

ISBN: 9781589069299

Keywords: External debt, Commodity prices, Economic growth, Global Financial Crisis 2008-2009, Low-income developing countries, external financing, debt sustainability, debt burden, exchange rate

The world economy is beginning to pull out of the deepest slump since the Great Depression, but stabilization is uneven and the recovery remains fragile. Financial conditions have improved, as unprecedented...

CHAPTER 4 Policy Responses

CHAPTER 4 Policy Responses »

Source: Coping with the Global Financial Crisis : Challenges Facing Low-Income Countries

Series: Departmental Papers / Policy Papers

Author(s): Stefania Fabrizio

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 16 March 2010

ISBN: 9781589069299

Keywords: External debt, Commodity prices, Economic growth, Global Financial Crisis 2008-2009, Low-income developing countries, external financing, debt sustainability, debt burden, exchange rate

Most LICs have implemented countercyclical fiscal policies, preserving or expanding spending to support the economy and protect the poor. But, given the limited scaling up of aid, many countries are resortin...

Chapter 2 The Evolution of Official Development Assistance: Commitments and Delivery

Chapter 2 The Evolution of Official Development Assistance: Commitments and Delivery »

Source: Enhancing Development Assistance to Africa : Lessons from Scaling-Up Scenarios

Series: Departmental Papers / Policy Papers

Author(s): Matthew Gaertner , Laure Redifer , Pedro Conceição , Rafael Portillo , Luis-Felipe Zanna , Jan Gottschalk , Andrew Berg , Ayodele Odusola , Brett House , and José Saúl Lizondo

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 March 2012

ISBN: 9781616352370

Keywords: Official development assistance, Sub-Saharan Africa, exchange rate, public investment, real exchange rate, exchange rate appreciation, real exchange rate appreciation

Official development assistance (ODA) remains essential to continued progress toward the Millennium Development Goals (MDGs) in many of the poorest countries. 10...