The macroeconomics of scaling up aid
Subtitle: lessons from recent experience
By: Andrew Berg ... [et al.].
Contributors: Berg, Andrew.; International Monetary Fund.
Series: Occasional paper -- 253.; Occasional paper (International Monetary Fund) -- 253.
Publisher: International Monetary Fund
Published: 2007
Place of publication: Washington, DC
Language: eng
Number of pages: 105
ISBN-13: 9781589065918
Subjects: Absorptive capacity (Economics) -- Africa -- Case studies; Government spending policy -- Africa -- Case studies; Economic assistance -- Africa -- Case studies
Genres: Case studies.
Description: This study analyzes key issues associated with large increases in aid, including absorptive capacity, Dutch disease, and inflation. The authors develop a framework that emphasizes the different roles of monetary and fiscal policy and apply it to the recent experience of five countries: Ethiopia, Ghana, Mozambique, Tanzania, and Uganda. These countries have often found it difficult to coordinate monetary and fiscal policy in the face of conflicting objectives, notably to spend the aid money on domestic goods and to avoid excessive exchange rate appreciation.
Notes: "Andrew Berg, Shekhar Aiyar, Mumtaz Hussain, Shuan Roache, Tokhir Mirzoev, and Amber Mahone."

Includes bibliographical references (p. 101-103).