Fiscal Policy Response to Scaled-Up Aid

Sound fiscal policies are critical for handling aid volatility as well as for making effective use of scaled-up aid and other flows. By easing resource constraints, these flows allow low-income countries (LICs) to increase spending aimed at enhancing growth and reducing poverty. Effective management of these policies, however, presents a host of macroeconomic challenges, many of them fiscal.
Publication date: May 2007
ISBN: 9781498333542
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PFM , medium-term , scaled-up , aid flow , aid inflow

Summary