Macroeconomic Challenges Of Scaling Up Aid To Africa
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Macroeconomic Challenges Of Scaling Up Aid To Africa
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Author : Yongzheng Yang
language : en
Publisher: International Monetary Fund
Release Date : 2006-03-20
Macroeconomic Challenges Of Scaling Up Aid To Africa written by Yongzheng Yang and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006-03-20 with Business & Economics categories.
Over the next decade, African countries are expected to be the largest beneficiaries of increased donor aid, which is intended to improve their prospects for achieving the Millennium Development Goals. This handbook will help these countries assess the macroeconomic implications of increased aid and respond to the associated policy challenges. The handbook is directed at policymakers, practicing economists in African countries, and the staffs of international financial institutions and donor agencies who participate in preparing medium-term strategies for African countries, including in the context of poverty reduction strategy papers. It provides five main guidelines for developing scaling-up scenarios to help countries identify important policy issues involved in using higher aid flows effectively: to absorb as much aid as possible, to boost growth in the short to medium term, to promote good governance and reduce corruption, to prepare an exit strategy should aid levels decrease, and to regularly reassess the policy mix.
Macroeconomic Challenges Of Scaling Up Aid To Africa
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READ ONLINE
Author : Yongzheng Yang
language : en
Publisher:
Release Date : 2006-03-20
Macroeconomic Challenges Of Scaling Up Aid To Africa written by Yongzheng Yang and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006-03-20 with categories.
Over the next decade, African countries are expected to be the largest beneficiaries of increased donor aid, which is intended to improve their prospects for achieving the Millennium Development Goals. This handbook will help these countries assess the macroeconomic implications of increased aid and respond to the associated policy challenges. The handbook is directed at policymakers, practicing economists in African countries, and the staffs of international financial institutions and donor agencies who participate in preparing medium-term strategies for African countries, including in the context of poverty reduction strategy papers. It provides five main guidelines for developing scaling-up scenarios to help countries identify important policy issues involved in using higher aid flows effectively: to absorb as much aid as possible, to boost growth in the short to medium term, to promote good governance and reduce corruption, to prepare an exit strategy should aid levels decrease, and to regularly reassess the policy mix.
The Macroeconomic Challenges Of Scaling Up Aid To Africa
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Author : Yongzheng Yang
language : en
Publisher: International Monetary Fund
Release Date : 2006
The Macroeconomic Challenges Of Scaling Up Aid To Africa written by Yongzheng Yang and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006 with Business & Economics categories.
Over the next decade, African countries are expected to be the largest beneficiaries of increased donor aid, which is intended to improve their prospects for achieving the Millennium Development Goals. This handbook will help these countries assess the macroeconomic implications of increased aid and respond to the associated policy challenges. the handbook is directed at policymakers, practicing economists in African countries, and the staffs of international financial institutions and donor agencies who participate in preparing medium-term strategies for African countries, including in the context of poverty reduction strategy papers. It provides five main guidelines for developing scaling-up scenarios to help countries identify important policy issues involved in using higher aid flows effectively: to absorb as much aid as possible, to boost growth in the short to medium term, to promote good governance and reduce corruption, to prepare an exit strategy should aid levels decrease, and to regularly reassess the policy mix.
Enhancing Development Assistance To Africa
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Author : Matthew Gaertner
language : en
Publisher: International Monetary Fund
Release Date : 2012-03-07
Enhancing Development Assistance To Africa written by Matthew Gaertner and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-03-07 with Business & Economics categories.
The pace of progress toward achievement of the Millenium Development Goals (MDG) in many sub-Saharan African countries remains too slow to reach targets by 2015, despite significant progress in the late 1990s. The MDG Africa Steering Group, convened in September 2007 by the UN Secretary-General, designated 10 countries for pilot studies to investigate how existing national development plans would be impacted by scaled up development aid to Africa. This joint publication of the IMF and the United Nations Development Programme reports conclusions drawn from these pilot studies and summarizes country-specific results for Benin, the Central African Republic, Ghana, Liberia, Niger, Rwanda, Tanzania, Togo, Sierra Leone, and Zambia.
Post Stabilization Economics In Sub Saharan Africa
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Author : Mr.Shanaka J. Peiris
language : en
Publisher: International Monetary Fund
Release Date : 2008-05-01
Post Stabilization Economics In Sub Saharan Africa written by Mr.Shanaka J. Peiris and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-05-01 with Business & Economics categories.
Mozambique is an economic success story in sub-Saharan Africa (SSA). Its remarkable achievements offer valuable lessons to other low-income countries in a post-stabilization economic phase, including how they can efficiently manage a scaling up of foreign aid aimed at poverty reduction. Of special interest to other sub-Saharan countries are the book's discussions of Mozambique's progress toward consolidating macroeconomic and financial stability, and the challenges it faces in ensuring long-term sustainability, creating a virtuous cycle of natural resource use, and implementing second-generation structural reforms to sustain its growth. This book also provides a summary of the most recent research on issues related to post-stabilization economics in SSA.
Money Isn T Everything
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Author : Mr.Todd D. Mattina
language : en
Publisher: International Monetary Fund
Release Date : 2006-08-01
Money Isn T Everything written by Mr.Todd D. Mattina and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006-08-01 with Business & Economics categories.
This paper outlines the challenge of developing an operational macroeconomic framework in Ethiopia consistent with the large envisaged scaling up of aid to achieve the Millennium Development Goals (MDGs). This paper describes an MDG scenario that addresses both microeconomic and macroeconomic constraints, such as the need to boost sustainable growth, limit Dutch disease, formulate an exit strategy from aid dependency, enhance public financial management (PFM), and expand the supply of skilled labor. The paper will argue that a carefully sequenced MDG strategy is essential so that the scaled-up aid and public spending will remain in line with Ethiopia's absorptive capacity.
The Macroeconomics Of Scaling Up Aid
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Author : International Working Group of Sovereign Wealth Funds
language : en
Publisher: International Monetary Fund
Release Date : 2008-09-19
The Macroeconomics Of Scaling Up Aid written by International Working Group of Sovereign Wealth Funds and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-09-19 with Business & Economics categories.
In September 2007, the UN Secretary General launched the Millennium Development Goals (MDG) Africa Steering and Working Groups. The Steering Group brings together the leaders of multilateral institutions to identify practical steps needed for Africa to achieve the MDGs. The Managing Director of the IMF is a member of the Steering Group. The Working Group supports the Steering Group and is comprised of thematic groups in education, agriculture, health, infrastructure and trade facilitation, statistics, aid predictability, and MDG operationalization at the country level. The following three notes assess the macroeconomic implications of the spending of scaled-up aid to Benin, Niger, and Togo in line with that promised by the G-8 at Gleneagles, Scotland in 2005.
External Assistance And Policies For Growth In Africa
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Author : Mrs.Claire Liuksila
language : en
Publisher: International Monetary Fund
Release Date : 1995-12-15
External Assistance And Policies For Growth In Africa written by Mrs.Claire Liuksila and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 1995-12-15 with Business & Economics categories.
This booklet is a collection of papers presented at a seminar on policies for growth in Africa, held in Paris in February 1995 and sponsored by the Ministry of Finance of Japan. The seminar focused on four broad themes: how to enable the private sector to play a lead role in the growth process in Africa; how to boost domestic savings and help the financial sector to contribute to the mobilization and efficient us of resources; how to facilitate foreign aid and make it more effective; and, what are the essential elements of sound debt management practices?
Improving Aid To Africa
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Author : Nicolas Van de Walle
language : en
Publisher:
Release Date : 1996
Improving Aid To Africa written by Nicolas Van de Walle and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1996 with Business & Economics categories.
As foreign aid flows decline and skepticism toward the effectiveness of aid to Africa grows, a major reassessment of aid is needed. While the ineffectiveness of aid to Africa is a long-standing concern, past studies typically have been driven bydonor priorities and have rarely focused on recipient governments. This neglect of the role of African governments is remarkable, since aid constitutes 10 to 15 percent of GNP in many African countries and often represents over half of all public investment. If the impact of official development assistance (ODA) is to be improved, recipient governments must become more involved in the reform of aid. This essay presents the policy findings of a collaborative project of field research and analyses of how African countries use aid resources and of donor/African relations. "The widespread belief of free market economists and nongovernmental organizations that government is the problem and not part of the solution has become a self-fulfilling prophesy in Africa,"writes van de Walle and Johnston, "donors must devote greater attention and resources to help build the capacity of African Governments to effectively manage aid, even as they encourage the central state to retrench from nonessential functions." The study assesses current donor practices and the impact of economic crisis on aid effectiveness in the region; and it offers recommendations to promote management capacity, focusing on the integration of aid resources in development management, sectoral specialization, and public dialogue on aid.
The Imf And Aid To Sub Saharan Africa
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Author : International Monetary Fund. Independent Evaluation Office
language : en
Publisher: International Monetary Fund
Release Date : 2007-04-13
The Imf And Aid To Sub Saharan Africa written by International Monetary Fund. Independent Evaluation Office and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007-04-13 with Business & Economics categories.
This independent evaluation of the IMF’s role and performance in the determination and use of aid to low-income countries in sub-Saharan Africa is presented at a ground-level view. Country performance has improved in many sub-Saharan Africa countries over the period, and the report details the role of the IMF’s programs, as well as perceptions of that role. The report is an important contribution to following through on the IMF’s commitment to its Poverty Reduction Strategy and makes three main recommendations for improving the coherence—actual and perceived—of the IMF’s policies and actions relating to aid to sub-Saharan Africa going forward.