The Macroeconomics of Scaling Up Aid: Lessons from Recent Experience analyzes key issues associated with large increases in aid, including absorptive capacity, the 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 goals, notably to spend the aid money on domestic goods and to avoid excessive exchange rate appreciation.
- ISBN13 9781589065918
- Publish Date 30 April 2007
- Publish Status Active
- Publish Country US
- Imprint International Monetary Fund (IMF)
- Edition illustrated Edition
- Format Paperback
- Pages 200
- Language English