Pity the Finance Minister: Issues in Managing a Substantial Scaling-Up of Aid Flows
Electronic Access:
Free Download. Use the free Adobe Acrobat Reader to view this PDF file
Summary:
Substantially scaling up of aid flows will require development partners to address many issues, including the impact of higher aid flows on: the competitiveness of aid recipients; the management of fiscal and monetary policy; the delivery of public services; behavioral incentives; and the rate of growth of the economy. Other issues will include the appropriate sequencing of aid-financed investments; balancing alternative expenditure priorities; the implications for fiscal and budget sustainability; and exit strategies from donor funding. Donors will need to ensure greater long-term predictability and reduced short-term volatility of aid. The international financial institutions can play a critical role in helping countries address these scaling-up issues.
Series:
Working Paper No. 2005/180
Subject:
Aid flows Budget planning and preparation Expenditure Fiscal policy Foreign aid Foreign exchange Public financial management (PFM) Real exchange rates
English
Publication Date:
September 1, 2005
ISBN/ISSN:
9781451861990/1018-5941
Stock No:
WPIEA2005180
Pages:
37
Please address any questions about this title to publications@imf.org