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Front Matter

Front Matter »

Source: The Macroeconomics of Scaling Up Aid : Lessons from Recent Experience

Series: Occasional Papers

Author(s): Andrew Berg , Mumtaz Hussain , Shaun Roache , Amber Mahone , Tokhir Mirzoev , and Shekhar Aiyar

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 23 March 2007

ISBN: 9781589065918

Keywords: Absorptive capacity, exchange rate, foreign exchange, inflation, real exchange rate, monetary policy

This study analyzes key issues associated with large increases in aid, including absorptive capacity, Dutch disease, and inflation. The authors develop a framework that emphasizes the different roles of monetary an...

Uganda and Rwanda: Selected Issues

Uganda and Rwanda: Selected Issues »

Source: Uganda and Rwanda : Selected Issues

Volume/Issue: 2009/36

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 03 February 2009

ISBN: 9781451838909

Keywords: monetary fund, monetary policy, money supply, average inflation

The Selected Issues paper for Uganda and Rwanda discusses the impact of rising international food and fuel prices on inflation. Unlike in the case of fuel-producing countries, the East African Community countries a...

Uganda and Rwanda: Selected Issues

Uganda and Rwanda: Selected Issues »

Source: Uganda and Rwanda : Selected Issues

Volume/Issue: 2009/36

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 03 February 2009

ISBN: 9781451921632

Keywords: monetary fund, monetary policy, money supply, average inflation

The Selected Issues paper for Uganda and Rwanda discusses the impact of rising international food and fuel prices on inflation. Unlike in the case of fuel-producing countries, the East African Community countries a...

V Mozambique

V Mozambique »

Source: The Macroeconomics of Scaling Up Aid : Lessons from Recent Experience

Series: Occasional Papers

Author(s): Andrew Berg , Mumtaz Hussain , Shaun Roache , Amber Mahone , Tokhir Mirzoev , and Shekhar Aiyar

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 23 March 2007

ISBN: 9781589065918

Keywords: Absorptive capacity, exchange rate, foreign exchange, inflation, real exchange rate, monetary policy

Mozambique received high levels of aid throughout the late 1990s, with a substantial increase beginning in 2000, a year when the country was hit by torrential rains and flooding. The aid inflows were accompa...

VI Tanzania

VI Tanzania »

Source: The Macroeconomics of Scaling Up Aid : Lessons from Recent Experience

Series: Occasional Papers

Author(s): Andrew Berg , Mumtaz Hussain , Shaun Roache , Amber Mahone , Tokhir Mirzoev , and Shekhar Aiyar

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 23 March 2007

ISBN: 9781589065918

Keywords: Absorptive capacity, exchange rate, foreign exchange, inflation, real exchange rate, monetary policy

Tanzania’s good record of sound macroeconomic policies and structural reforms has earned it the support of the donor community and debt relief under the Heavily Indebted Poor Countries (HIPC) Initiative. Whi...

VII Uganda

VII Uganda »

Source: The Macroeconomics of Scaling Up Aid : Lessons from Recent Experience

Series: Occasional Papers

Author(s): Andrew Berg , Mumtaz Hussain , Shaun Roache , Amber Mahone , Tokhir Mirzoev , and Shekhar Aiyar

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 23 March 2007

ISBN: 9781589065918

Keywords: Absorptive capacity, exchange rate, foreign exchange, inflation, real exchange rate, monetary policy

In the early years of the new millennium, Uganda represented the paradigm of a poor but well-governed country receiving high levels of aid inflows. After attaining political stability in the late 1980s, the...

VIII Modeling Aid Inflows in a Small and Open Economy

VIII Modeling Aid Inflows in a Small and Open Economy »

Source: The Macroeconomics of Scaling Up Aid : Lessons from Recent Experience

Series: Occasional Papers

Author(s): Andrew Berg , Mumtaz Hussain , Shaun Roache , Amber Mahone , Tokhir Mirzoev , and Shekhar Aiyar

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 23 March 2007

ISBN: 9781589065918

Keywords: Absorptive capacity, exchange rate, foreign exchange, inflation, real exchange rate, monetary policy

This chapter examines the dynamics of adjustment to changes in aid inflows in a stochastic general equilibrium model of a small and open economy. In particular, it explores the dynamic response to changes in...