Verfügbarkeit: Volatility of Development Aid

Volatility of Development Aid: From the Frying Pan Into the Fire?

The positive impact of foreign aid is limited by the erratic behavior of aid flows. The introduction in 1999 of various initiatives anchored in Poverty Reduction Strategy Papers (PRSPs) which were aimed at strengthening coordination among donors, improving the design of financial support programs, a...

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1. Verfasser:	Hamann, A. Javier (VerfasserIn)
Format:	Elektronisch E-Book
Sprache:	English
Veröffentlicht:	Washington, D.C International Monetary Fund 2006
Schriftenreihe:	IMF Working Papers Working Paper No. 06/65
Online-Zugang:	UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 URL des Erstveröffentlichers
Zusammenfassung:	The positive impact of foreign aid is limited by the erratic behavior of aid flows. The introduction in 1999 of various initiatives anchored in Poverty Reduction Strategy Papers (PRSPs) which were aimed at strengthening coordination among donors, improving the design of financial support programs, and improving domestic records of policy implementation should have led to an improvement in the time series properties of aid flows. We find no evidence of any fundamental changes in the way aid has been delivered in the past five years. If anything, aid volatility has worsened somewhat and the information value of long-term lending commitments has declined. We take these results to mean that the main causes of the volatility and unpredictability of aid, and the broader issue of macroeconomic instability in low-income countries, have not been addressed in a systematic manner by the donor community
Beschreibung:	1 Online-Ressource (32 p)
ISBN:	145186325X 9781451863253

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spelling	Hamann, A. Javier Verfasser aut Volatility of Development Aid From the Frying Pan Into the Fire? Hamann, A. Javier Washington, D.C International Monetary Fund 2006 1 Online-Ressource (32 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 06/65 The positive impact of foreign aid is limited by the erratic behavior of aid flows. The introduction in 1999 of various initiatives anchored in Poverty Reduction Strategy Papers (PRSPs) which were aimed at strengthening coordination among donors, improving the design of financial support programs, and improving domestic records of policy implementation should have led to an improvement in the time series properties of aid flows. We find no evidence of any fundamental changes in the way aid has been delivered in the past five years. If anything, aid volatility has worsened somewhat and the information value of long-term lending commitments has declined. We take these results to mean that the main causes of the volatility and unpredictability of aid, and the broader issue of macroeconomic instability in low-income countries, have not been addressed in a systematic manner by the donor community Online-Ausg Bulir, Ales Sonstige oth http://elibrary.imf.org/view/IMF001/07836-9781451863253/07836-9781451863253/07836-9781451863253.xml Verlag URL des Erstveröffentlichers Volltext
spellingShingle	Hamann, A. Javier Volatility of Development Aid From the Frying Pan Into the Fire?
title	Volatility of Development Aid From the Frying Pan Into the Fire?
title_auth	Volatility of Development Aid From the Frying Pan Into the Fire?
title_exact_search	Volatility of Development Aid From the Frying Pan Into the Fire?
title_exact_search_txtP	Volatility of Development Aid From the Frying Pan Into the Fire?
title_full	Volatility of Development Aid From the Frying Pan Into the Fire? Hamann, A. Javier
title_fullStr	Volatility of Development Aid From the Frying Pan Into the Fire? Hamann, A. Javier
title_full_unstemmed	Volatility of Development Aid From the Frying Pan Into the Fire? Hamann, A. Javier
title_short	Volatility of Development Aid
title_sort	volatility of development aid from the frying pan into the fire
title_sub	From the Frying Pan Into the Fire?
url	http://elibrary.imf.org/view/IMF001/07836-9781451863253/07836-9781451863253/07836-9781451863253.xml
work_keys_str_mv	AT hamannajavier volatilityofdevelopmentaidfromthefryingpanintothefire AT bulirales volatilityofdevelopmentaidfromthefryingpanintothefire

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