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The macroeconomic management of foreign aid : opportunities and pitfalls

Author: Peter Isard; International Monetary Fund.
Publisher: Washington, D.C. : International Monetary Fund, 2006.
Edition/Format:   Print book : International government publication : EnglishView all editions and formats
Database:WorldCat
Summary:
Since the adoption of the Milennium Development Goals (MDGs) in 2000, the challenge of reducing poverty around the world has been more prominent on the agenda of the international community. Relatively slow progress toward meeting the MDGs by the 2015 target date has added to the urgency of this effort. Two influential reports - The United Nations Millennium Project Report (the "Sachs Report") and the Commission for  Read more...
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Genre/Form: Conference proceedings
Congresses
Congrès
Additional Physical Format: Online version:
Macroeconomic management of foreign aid.
Washington, D.C. : International Monetary Fund, 2006
(OCoLC)654142249
Material Type: Government publication, International government publication
Document Type: Book
All Authors / Contributors: Peter Isard; International Monetary Fund.
ISBN: 1589065204 9781589065208
OCLC Number: 70144006
Notes: "Papers prepared for the seminar, which was hosted in Maputo by the Government of Mozambique during March 2005"--Foreword, p. iii.
Description: vi, 280 pages : illustrations ; 23 cm
Contents: Foreign aid and macroeconomic management: overview and synopsis of key lessons / Peter Isard [and others] --
Session I. Aid, growth, and poverty reduction: what should aid be trying to achieve? How good is the record? Aid and growth: the current debate and some new evidence / Steven Radelet, Michael Clemens, and Rikhil Bhavnani --
Aid, growth, and poverty / Aart Kraay --
Session II. Aid absorption: recognizing and avoiding macroeconomic hazards. Analytical overview of aid absorption: recognizing and avoiding macroeconomic hazards / David L. Bevan --
High aid inflows: the case of Ghana / Shekhar Aiyar [and others] --
Absorptive capacity and achieving the MDGs: the case of Ethiopia / Mark Sundberg and Hans Lofgren --
Session III. Dutch disease: where do we stand? Exogenous inflows and real exchange rates: theoretical quirk or empirical reality? / Christopher Adam --
Session IV. Aid, volatility, and stabilization policy: does aid smooth absorption or exacerbate shocks? Reliability and countercyclicality. Volatility of development aid: unpleasant bean counting / Aleš Bulíř and A. Javier Hamann --
Session V. Aid, debt, and fiscal policy. Debt and new financing in low-income countries: looking back, thinking ahead / Christina Daseking and Bikas Joshi --
Session VI. Roles of aid, governance, and the political economy. Aid, governance, and the political economy: growth and institutions / Simon Johnson and Arvind Subramanian.
Responsibility: editors, Peter Isard [and others].
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Abstract:

Argues that the Millennium Development Goals (MDGs) cannot be achieved without a substantial "scaling up" of foreign aid. This book shows how such increased aid flows must be managed effectively to  Read more...

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