The spending and absorption of aid in PRGF supported programs / prepared by Markus Berndt [and others]
This paper studies the spending and absorption of aid in PRGF-supported programs, verifies whether the use aid is programmed to be smoothed over time, and analyzes how considerations about macroeconomic stability influence the programmed use of aid. It finds that PRGF-supported programs allow countr...
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Full Text (via ProQuest) |
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| Main Author: | |
| Corporate Authors: | , |
| Format: | eBook |
| Language: | English |
| Published: |
Washington, D.C. :
International Monetary Fund,
©2008.
©2008. |
| Series: | IMF working paper ;
WP/08/237. |
| Subjects: |
| Summary: | This paper studies the spending and absorption of aid in PRGF-supported programs, verifies whether the use aid is programmed to be smoothed over time, and analyzes how considerations about macroeconomic stability influence the programmed use of aid. It finds that PRGF-supported programs allow countries to use most or almost all increases in aid within a few years. The paper finds some evidence that the programmed absorption of aid is higher in countries where reserve coverage is above a certain threshold, whereas programmed spending does not seem to depend on inflation. Finally, it shows that. |
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| Item Description: | At head of title: Strategy, Policy, and Review Department and Department of Economics, University of New South Wales. "October 2008." |
| Physical Description: | 1 online resource (44 pages) : illustrations. |
| Bibliography: | Includes bibliographical references (pages 43-44) |
| ISBN: | 1451915489 9781451915488 9781451870954 1451870957 |