The Macroeconomics of Managing Increased Aid Inflows - Experiences of Low-Income Countries and Policy Implications »
Series: Policy Papers
Author(s): International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 08 August 2005
Keywords: Development assistance, Poverty Reduction and Growth Facility, Real exchange rate misalignment, Nominal effective exchange rate, Real interest rates, Real effective exchange rates, Absorptive capacity, Low Income Developing Countries, aid inflow, domestic finance
Investigates the macroeconomic challenges for low-income countries created by a surge in aid inflows. It develops an analytical framework for examining possible policy responses to increased aid, and then applies t...