The Macroeconomic Management of Foreign Aid: Opportunities and Pitfalls

By Boriana Yontcheva, Peter Isard, Leslie Lipschitz, Alex Mourmouras

April 21, 2006

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Format: Chicago

Boriana Yontcheva, Peter Isard, Leslie Lipschitz, and Alex Mourmouras. The Macroeconomic Management of Foreign Aid: Opportunities and Pitfalls, (USA: International Monetary Fund, 2006) accessed November 8, 2024

Summary

Relatively slow progress toward meeting the Millennium Development Goals (MDGs) by their 2015 target date has added urgency to the challenge of reducing global poverty. The authors of this new book--who include scholars from the IMF, World Bank, Oxford University, and the Center for Global Development--argue that the MDGs cannot be achieved without a substantial scaling up of foreign aid. They show how such increased aid flows must be managed effectively to ensure the greatest benefit. And they offer analysis and insight on a variety of macroeconomic policy implications that both donors and recipients should consider.

Subject: Aid flows, Expenditure, Foreign aid, Foreign exchange, Poverty, Poverty reduction, Real exchange rates

Keywords: Africa, Aid flows, Caribbean, Country, Early-impact aid, East Asia, Eastern Europe, GDP, GDP shock, Global, International community, Natural resource, Poverty reduction, Poverty reduction, Real exchange rates, Recipient country policy, SEM, Sub-Saharan Africa

Publication Details

Pages:

286
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Seminar Volumes
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MMFAEA
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