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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.
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"Pity the finance minister": issues in managing a susbstantial scaling up of aid flows
2005, International Monetary Fund, Fiscal Affairs Dept.
in English
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Edition Notes
"September 2005."
Includes bibliographical references (p. 34-36).
Also available on the World Wide Web.
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December 10, 2009 | Created by WorkBot | add works page |