Aid Volatility and Macro Risks in Low-Income Countries:
The report argues that aid volatility is an important source of volatility for the poorest countries. Following a method already applied by the Agence Française de Développement, the report argues that loans to LICs should incorporate a floating grace period, which the country could draw upon when h...
Gespeichert in:
| 1. Verfasser: | |
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| Weitere Verfasser: | , , |
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Paris
OECD Publishing
2008
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| Schriftenreihe: | OECD Development Centre Working Papers
|
| Schlagworte: | |
| Online-Zugang: | UBA01 UBG01 UEI01 UER01 UPA01 UBR01 UBW01 FFW01 FNU01 EUV01 FRO01 FHR01 FHN01 TUM01 FHI01 UBM01 Volltext |
| Zusammenfassung: | The report argues that aid volatility is an important source of volatility for the poorest countries. Following a method already applied by the Agence Française de Développement, the report argues that loans to LICs should incorporate a floating grace period, which the country could draw upon when hit by a shock. The definition of a shock should include aid uncertainty, along with others such as commodity shocks and natural disasters. The idea is calibrated to a key IMF policy instrument towards Low-Income Countries, the Poverty-Reducing and Growth Facility (PRGF) |
| Beschreibung: | 1 Online-Ressource (43 Seiten) 21 x 29.7cm |
| DOI: | 10.1787/227667286811 |
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Datensatz im Suchindex
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| spelling | Borensztein, Eduardo Verfasser aut Aid Volatility and Macro Risks in Low-Income Countries Eduardo Borensztein ... [et al] Paris OECD Publishing 2008 1 Online-Ressource (43 Seiten) 21 x 29.7cm txt rdacontent c rdamedia cr rdacarrier OECD Development Centre Working Papers The report argues that aid volatility is an important source of volatility for the poorest countries. Following a method already applied by the Agence Française de Développement, the report argues that loans to LICs should incorporate a floating grace period, which the country could draw upon when hit by a shock. The definition of a shock should include aid uncertainty, along with others such as commodity shocks and natural disasters. The idea is calibrated to a key IMF policy instrument towards Low-Income Countries, the Poverty-Reducing and Growth Facility (PRGF) Development Cagé, Julia ctb Cohen, Daniel ctb Valadier, Cécile ctb https://doi.org/10.1787/227667286811 Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Borensztein, Eduardo Aid Volatility and Macro Risks in Low-Income Countries Development |
| title | Aid Volatility and Macro Risks in Low-Income Countries |
| title_auth | Aid Volatility and Macro Risks in Low-Income Countries |
| title_exact_search | Aid Volatility and Macro Risks in Low-Income Countries |
| title_exact_search_txtP | Aid Volatility and Macro Risks in Low-Income Countries |
| title_full | Aid Volatility and Macro Risks in Low-Income Countries Eduardo Borensztein ... [et al] |
| title_fullStr | Aid Volatility and Macro Risks in Low-Income Countries Eduardo Borensztein ... [et al] |
| title_full_unstemmed | Aid Volatility and Macro Risks in Low-Income Countries Eduardo Borensztein ... [et al] |
| title_short | Aid Volatility and Macro Risks in Low-Income Countries |
| title_sort | aid volatility and macro risks in low income countries |
| topic | Development |
| topic_facet | Development |
| url | https://doi.org/10.1787/227667286811 |
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