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The Macroeconomic Challenges of Scaling Up Aid to Africa

Author/Editor: Gupta, Sanjeev | Powell, Robert | Yang, Yongzheng
Authorized for Distribution: September 1, 2005
Electronic Access: Free Full Text (PDF file size is 546KB)
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Disclaimer: This Working Paper should not be reported as representing the views of the IMF. The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate.

Summary: This paper surveys the economic literature on the scaling-up of aid to Africa. It provides a checklist of issues that need to be considered when preparing a long term macroeconomic projection for a country involving the assumption of a significant increase in aid. Such scaling-up scenarios are most likely to be developed in the context of a country's efforts to achieve the Millennium Development Goals (MDGs) with the support of the international donor community. The paper stresses that when preparing a scaling-up scenario it is critical to have a detailed understanding of the likely use of additional aid flows.
 
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Series: Working Paper No. 05/179
Subject(s): Development assistance | Africa | Exchange rates | Monetary policy | Fiscal policy | Governance
Author's keyword(s): Aid | exchange rate | monetary policy | fiscal policy | governance
 
English  
    Published:   September 1, 2005        
    ISBN/ISSN:   0 / 1934-7073   Format:   Paper
    Stock No:   WPIEA2005179   Pages:   70
    Price:   US$15.00 (Academic Rate: US$15.00 )
       
     
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