The Macroeconomic Management of Foreign Aid: Opportunities and Pitfalls

Author: Boriana Yontcheva   Mr. Peter Isard   Mr. Leslie Lipschitz   Mr. Alex Mourmouras  

Publisher: INTERNATIONAL MONETARY FUND‎

Publication year: 2006

E-ISBN: 9781451935318

P-ISBN(Paperback): 9781589065208

Subject: F0 Economics;F8 Finances

Language: ENG

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Description

Relatively slow progress toward meeting the Millennium Development Goals (MDGs) by their 2015 target date has added urgency to the challenge of reducing global poverty. The authors of this new book--who include scholars from the IMF, World Bank, Oxford University, and the Center for Global Development--argue that the MDGs cannot be achieved without a substantial scaling up of foreign aid. They show how such increased aid flows must be managed effectively to ensure the greatest benefit. And they offer analysis and insight on a variety of macroeconomic policy implications that both donors and recipients should consider.

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