Post-conflict aid, real exchange rate adjustment, and catch-up growth
By: Ibrahim A. Elbadawi, Linda Kaltani, Klaus Schmidt-Hebbel
Contributors: World Bank
Series: Policy research working paper -- 4187; Post-conflict transitions working paper -- no. 3; Policy research working papers (Online) -- 4187.; Post-conflict transitions working paper -- no. 3.
Publisher: [World Bank]
Published: 2007
Place of publication: Washington, D.C.]
Language: eng
Number of pages: 43
Subjects: Postwar reconstruction; Finance
Description: Post-conflict countries receive substantial aid flows after the start of peace. While post-conflict countries' capacity to absorb aid (that is, the quality of their policies and institutions) is built up only gradually after the onset of peace, the evidence suggests that aid tends to peak immediately after peace is attained and decline thereafter.
Notes: Title from electronic t.p. (viewed on Apr. 16, 2007).

Includes bibliographical references.

Also available in print.

Mode of access: World Wide Web.