This seminar takes as given the objectives of aid—including the urgency of reducing poverty, the primary importance of disease alleviation, and the imminence of the millennium development goals—and focuses on the macroeconomic management of aid.
Aid flows are aimed at effecting a resource transfer so as to ease resource constraints on consumption and investment in the recipient countries and thus to help development. For both donors and macroeconomic policymakers in the aid-receiving countries these objectives raise a number of critical questions:
Questions of this nature are the principal concern of this seminar.
Seminar attendance is by invitation only. Queries regarding the seminar may be addressed to INSINFO@imf.org.Preliminary Agenda
Last Updated:
March 31, 2005
| The analysis and opinions expressed in the seminar papers below are those of the authors and do not necessarily reflect the views of the IMF or IMF policy. |
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Monday, March 14 |
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8:15-9:00 |
Registration |
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9:00-9:15 |
Opening Remarks |
| Chair: Mr. Abdoulaye Bio-Tchané (Director, African Department, International Monetary Fund) Speaker: H.E. Mrs. Luisa Dias Diogo (Prime Minister, Republic of Mozambique) |
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9:15-12:30 |
Session I: Aid, Growth, and Poverty Reduction: What Should Aid Be Trying To Achieve? How Good Is The Record? |
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Chair: Mr. Peter Heller (Deputy Director, Fiscal Affairs Department, International Monetary Fund) |
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Paper on Aid and Growth: Mr. Steven Radelet (Senior Fellow, Center for Global Development) |
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Paper on Aid and Poverty Alleviation: Mr. Aart Kraay (Senior Economist, Development Research Group, World Bank) |
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Coffee break |
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Discussant: Mr. Arvind Subramanian (Division Chief, Research Department, International Monetary Fund) |
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General Discussion |
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Chairman's Summing Up |
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12:30-2:00 |
Lunch |
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Speaker: Ms. Gudrun Kochendörfer-Lucius (Managing Director, Internationale Weiterbildung und Entwicklung (InWEnt), Germany) |
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2:15-5:00 |
Session II: Aid Absorption: Recognizing and Avoiding Macroeconomic Hazards |
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Chair: Mr. Anupam Basu (Deputy Director, African Department, International Monetary Fund) |
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Analytical Overview Paper: Prof. David Bevan (Fellow of St John's College, and Research Associate, Centre for the Study of African Economies, University of Oxford) |
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| Case Study: Mr. Andy Berg (Division Chief, Policy Development and Review Department, International Monetary Fund) |
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Case Study: Mr. Mark Sundberg (Lead Economist, Development Policy, World Bank) |
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Coffee break |
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Discussant: Mr. Alan Gelb (Director, Development Policy, World Bank) |
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General Discussion |
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Chairman's Summing Up |
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7:00-10:00 |
Dinner |
| Speaker: H.E. Prof. Charles Soludo (Governor, Central Bank of Nigeria) |
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Tuesday, March 15 |
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9:00-10:00 |
Session III: Exogenous Inflows and Real Exchange Rates: Theoretical Quirk or Empirical Reality? |
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Chair: Prof. T. N. Srinivasan (Samuel C. Park, Jr. Professor of Economics, Yale University) |
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Paper: Prof. Christopher Adam (Research Associate, Centre for the Study of African Economies, and University Lecturer in Development Economics, Fellow of St Cross College, University of Oxford) |
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General Discussion |
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Chairman's Comment and Summing Up |
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| 10:00-10:15 |
Coffee break |
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10:15-11:15 |
Session IV: Aid, Volatility and Stabilization Policy. Does Aid Smooth Absorption or Exacerbate Shocks: Reliability and Counter-Cyclicality |
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Chair: Ms. Catherine Pattillo (Senior Economist, African Department, International Monetary Fund) |
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Paper: Mr. Ales Bulir (Senior Economist, Policy Development and Review Department, International Monetary Fund) |
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General Discussion |
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Chairwoman's Comment and Summing Up |
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11:15-12:30 |
Session V: Aid, Debt, and Fiscal Policy |
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Chair: Ms. Nancy Birdsall (President, Center for Global Development) |
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| Paper: Mr. Andy Berg (Division Chief, Policy Development and Review Department, International Monetary Fund) and Mr. Bikas Joshi (Economist, Policy Development and Review Department, International Monetary Fund) | |
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General Discussion |
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Chairwoman's Comment and Summing Up |
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12:30-2:00 |
Lunch |
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Speaker: H.E. Mr. Donald Kaberuka (Minister of Finance and Economic Planning, Rwanda) |
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2:15-3:15 |
Session VI: Aid, Governance, and the Political Economy |
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Chair: Mr. Paul Isenman (Head, Development Policy Division, Development Cooperation Directorate, Organization for Economic Cooperation and Development) |
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Paper: Mr. Arvind Subramanian (Division Chief, Research Department, International Monetary Fund) and Mr. Simon Johnson (Assistant Director, Research Department, International Monetary Fund) |
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General Discussion |
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Chairman's Comment and Summing Up |
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| 3:15-3:00 |
Coffee break |
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3:30-5:00 |
Session VII: Roundtable Discussion |
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Chair: Mr. Leslie Lipschitz (Director, IMF Institute, International Monetary Fund) |
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Panelists: |
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H.E. Mr. Goodall Gondwe (Minister of Finance, Malawi) |
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Mr. Peter Grant (Director, Europe, Trade and International Financial Institutions Division, Department for International Development (DFID), United Kingdom) |
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H.E. Prof. Charles Soludo (Governor, Central Bank of Nigeria) |
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| Prof. T.N. Srinivasan (Samuel C. Park, Jr. Professor of Economics, Yale University) |
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General Discussion |
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Chairman's Summing Up |
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