The Macroeconomic Challenges of Scaling Up Aid to Africa
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Summary:
This paper surveys the economic literature on the scaling-up of aid to Africa. It provides a checklist of issues that need to be considered when preparing a long term macroeconomic projection for a country involving the assumption of a significant increase in aid. Such scaling-up scenarios are most likely to be developed in the context of a country's efforts to achieve the Millennium Development Goals (MDGs) with the support of the international donor community. The paper stresses that when preparing a scaling-up scenario it is critical to have a detailed understanding of the likely use of additional aid flows.
Series:
Working Paper No. 2005/179
Subject:
Aid flows Exchange rates Expenditure Foreign aid Foreign exchange Real exchange rates
English
Publication Date:
September 1, 2005
ISBN/ISSN:
9781451861983/1018-5941
Stock No:
WPIEA2005179
Pages:
63
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