Macroeconomic Challenges Of Scaling Up Aid To Africa

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Macroeconomic Challenges of Scaling Up Aid to Africa

Author : Yongzheng Yang
Publisher : International Monetary Fund
ISBN 13 : 9781589065055
Total Pages : 84 pages
Book Rating : 4.0/5 (65 download)

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Book Synopsis Macroeconomic Challenges of Scaling Up Aid to Africa by : Yongzheng Yang

Download or read book Macroeconomic Challenges of Scaling Up Aid to Africa written by Yongzheng Yang and published by International Monetary Fund. This book was released on 2006-03-20 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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

Author : Yongzheng Yang
Publisher : International Monetary Fund
ISBN 13 : 1451949677
Total Pages : 80 pages
Book Rating : 4.4/5 (519 download)

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Book Synopsis The Macroeconomic Challenges of Scaling Up Aid to Africa by : Yongzheng Yang

Download or read book The Macroeconomic Challenges of Scaling Up Aid to Africa written by Yongzheng Yang and published by International Monetary Fund. This book was released on 2006 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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

Author : Yongzheng Yang
Publisher :
ISBN 13 : 9781451969566
Total Pages : pages
Book Rating : 4.9/5 (695 download)

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Book Synopsis Macroeconomic Challenges of Scaling Up Aid to Africa by : Yongzheng Yang

Download or read book Macroeconomic Challenges of Scaling Up Aid to Africa written by Yongzheng Yang and published by . This book was released on 2006-03-20 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: 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

Author : Matthew Gaertner
Publisher : International Monetary Fund
ISBN 13 : 146398961X
Total Pages : 75 pages
Book Rating : 4.4/5 (639 download)

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Book Synopsis Enhancing Development Assistance to Africa by : Matthew Gaertner

Download or read book Enhancing Development Assistance to Africa written by Matthew Gaertner and published by International Monetary Fund. This book was released on 2012-03-07 with total page 75 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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

Author : Mr.Shanaka J. Peiris
Publisher : International Monetary Fund
ISBN 13 : 1589066774
Total Pages : 407 pages
Book Rating : 4.5/5 (89 download)

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Book Synopsis Post-Stabilization Economics in Sub-Saharan Africa by : Mr.Shanaka J. Peiris

Download or read book Post-Stabilization Economics in Sub-Saharan Africa written by Mr.Shanaka J. Peiris and published by International Monetary Fund. This book was released on 2008-05-01 with total page 407 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

The Macroeconomics of Scaling-up Aid

Author : International Working Group of Sovereign Wealth Funds
Publisher : International Monetary Fund
ISBN 13 : 1498334113
Total Pages : 40 pages
Book Rating : 4.4/5 (983 download)

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Book Synopsis The Macroeconomics of Scaling-up Aid by : International Working Group of Sovereign Wealth Funds

Download or read book The Macroeconomics of Scaling-up Aid written by International Working Group of Sovereign Wealth Funds and published by International Monetary Fund. This book was released on 2008-09-19 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

The IMF and Aid to Sub-Saharan Africa

Author : International Monetary Fund. Independent Evaluation Office
Publisher : International Monetary Fund
ISBN 13 : 1589066359
Total Pages : 98 pages
Book Rating : 4.5/5 (89 download)

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Book Synopsis The IMF and Aid to Sub-Saharan Africa by : International Monetary Fund. Independent Evaluation Office

Download or read book The IMF and Aid to Sub-Saharan Africa written by International Monetary Fund. Independent Evaluation Office and published by International Monetary Fund. This book was released on 2007-04-13 with total page 98 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Money Isn’t Everything

Author : Mr.Todd D. Mattina
Publisher : International Monetary Fund
ISBN 13 : 1451864523
Total Pages : 34 pages
Book Rating : 4.4/5 (518 download)

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Book Synopsis Money Isn’t Everything by : Mr.Todd D. Mattina

Download or read book Money Isn’t Everything written by Mr.Todd D. Mattina and published by International Monetary Fund. This book was released on 2006-08-01 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Dead Aid

Author : Dambisa Moyo
Publisher : Macmillan
ISBN 13 : 0374139563
Total Pages : 209 pages
Book Rating : 4.3/5 (741 download)

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Book Synopsis Dead Aid by : Dambisa Moyo

Download or read book Dead Aid written by Dambisa Moyo and published by Macmillan. This book was released on 2009-03-17 with total page 209 pages. Available in PDF, EPUB and Kindle. Book excerpt: Debunking the current model of international aid promoted by both Hollywood celebrities and policy makers, Moyo offers a bold new road map for financing development of the world's poorest countries.

External Assistance and Policies for Growth in Africa

Author : Mrs.Claire Liuksila
Publisher : International Monetary Fund
ISBN 13 : 9781557755254
Total Pages : 104 pages
Book Rating : 4.7/5 (552 download)

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Book Synopsis External Assistance and Policies for Growth in Africa by : Mrs.Claire Liuksila

Download or read book External Assistance and Policies for Growth in Africa written by Mrs.Claire Liuksila and published by International Monetary Fund. This book was released on 1995-12-15 with total page 104 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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?

Economic Development in Africa

Author : United Nations Conference on Trade and Development
Publisher : United Nations Publications
ISBN 13 :
Total Pages : 118 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Economic Development in Africa by : United Nations Conference on Trade and Development

Download or read book Economic Development in Africa written by United Nations Conference on Trade and Development and published by United Nations Publications. This book was released on 2006 with total page 118 pages. Available in PDF, EPUB and Kindle. Book excerpt: After two decades of adjustment without economic growth, there are some real signs of improving economic performance in Africa, including new trade and investment opportunities arising from increasing demand in emerging markets, and there has also been progress on debt relief. This report examines how the commitment by the international community to double aid to Africa by 2015 might place the continent on a sustainable development path and concludes that, if this commitment is to translate into sustainable poverty reduction, new thinking is required to tackle the unbalanced state of the international aid system, such as high transaction costs, lack of transparency and excessive demands placed on the weak institutions of recipients. The "big push" needed requires a new aid architecture with a much larger multilateral component, managed under different institutional arrangements, and the provision of much greater policy autonomy to recipients.

Improving Aid to Africa

Author : Nicolas Van de Walle
Publisher :
ISBN 13 :
Total Pages : 156 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Improving Aid to Africa by : Nicolas Van de Walle

Download or read book Improving Aid to Africa written by Nicolas Van de Walle and published by . This book was released on 1996 with total page 156 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 Macroeconomics of Scaling Up Aid

Author : Mr.Andrew Berg
Publisher : IMF
ISBN 13 :
Total Pages : 120 pages
Book Rating : 4.:/5 (321 download)

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Book Synopsis The Macroeconomics of Scaling Up Aid by : Mr.Andrew Berg

Download or read book The Macroeconomics of Scaling Up Aid written by Mr.Andrew Berg and published by IMF. This book was released on 2007-03-23 with total page 120 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study analyzes key issues associated with large increases in aid, including absorptive capacity, Dutch disease, and inflation. The authors develop a framework that emphasizes the different roles of monetary and fiscal policy and apply it to the recent experience of five countries: Ethiopia, Ghana, Mozambique, Tanzania, and Uganda. These countries have often found it difficult to coordinate monetary and fiscal policy in the face of conflicting objectives, notably to spend the aid money on domestic goods and to avoid excessive exchange rate appreciation.

Africa

Author : Laura Wallace
Publisher : International Monetary Fund
ISBN 13 :
Total Pages : 220 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Africa by : Laura Wallace

Download or read book Africa written by Laura Wallace and published by International Monetary Fund. This book was released on 1999-01-11 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt: Africa needs much faster economic growth and more effective economic, financial, and social policies if it is to make up for lost ground and reduce the number of people living in abject poverty. This seminar volume considers ways for countries to sustain and accelerate growth in an increasingly globalized environment, focusing on how to encourage privae investment and strengthen the contribution of government. What is needed, say the authors, is transparency and accountability, or good governance; country ownership of reform; and a more comprehensive approach toward reforms, with better communication both within African countries and between African countries and the rest of the world.

Yes, Africa Can

Author : Punam Chuhan-Pole
Publisher : World Bank Publications
ISBN 13 : 0821387456
Total Pages : 497 pages
Book Rating : 4.8/5 (213 download)

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Book Synopsis Yes, Africa Can by : Punam Chuhan-Pole

Download or read book Yes, Africa Can written by Punam Chuhan-Pole and published by World Bank Publications. This book was released on 2011-06-24 with total page 497 pages. Available in PDF, EPUB and Kindle. Book excerpt: Takes an in-depth look at twenty-six economic and social development successes in Sub-Saharan African countries, and addresses how these countries have overcome major developmental challenges.

Africa Renewal, July 2005

Author : United Nations Department of Public Information
Publisher : United Nations
ISBN 13 : 9210586808
Total Pages : 24 pages
Book Rating : 4.2/5 (15 download)

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Book Synopsis Africa Renewal, July 2005 by : United Nations Department of Public Information

Download or read book Africa Renewal, July 2005 written by United Nations Department of Public Information and published by United Nations. This book was released on 2005-07-31 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Africa Renewal magazine examines the many issues that confront the people of Africa, its leaders and its international partners: sustainable development goals, economic reform, debt, education, health, women's empowerment, conflict and civil strife, democratization, investment, trade, regional integration and many other topics. It tracks policy debates. It provides expert analysis and on-the-spot reporting to show how those policies affect people on the ground. And, it highlights the views of policy-makers, non-governmental leaders and others actively involved in efforts to transform Africa and improve its prospects in the world today. The magazine also reports on and examines the many different aspects of the United Nations’ involvement in Africa, especially within the framework of the New Partnership for Africa’s Development (NEPAD).

Getting to Scale

Author : Laurence Chandy
Publisher : Brookings Institution Press
ISBN 13 : 0815724209
Total Pages : 394 pages
Book Rating : 4.8/5 (157 download)

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Book Synopsis Getting to Scale by : Laurence Chandy

Download or read book Getting to Scale written by Laurence Chandy and published by Brookings Institution Press. This book was released on 2013-04-10 with total page 394 pages. Available in PDF, EPUB and Kindle. Book excerpt: The global development community is teeming with different ideas and interventions to improve the lives of the world's poorest people. Whether these succeed in having a transformative impact depends not just on their individual brilliance but on whether they can be brought to a scale where they reach millions of poor people. Getting to Scale explores what it takes to expand the reach of development solutions beyond an individual village or pilot program so they serve poor people everywhere. Each chapter documents one or more contemporary case studies, which together provide a body of evidence on how scale can be pursued. The book suggests that the challenge of scaling up can be divided into two solutions: financing interventions at scale, and managing delivery to large numbers of beneficiaries. Neither governments, donors, charities, nor corporations are usually capable of overcoming these twin challenges alone, indicating that partnerships are key to success. Scaling up is mission critical if extreme poverty is to be vanquished in our lifetime. Getting to Scale provides an invaluable resource for development practitioners, analysts, and students on a topic that remains largely unexplored and poorly understood. Contributors: Tessa Bold (Goethe University, Frankfurt), Wolfgang Fengler (World Bank, Nairobi), David Gartner (Arizona State University), Shunichiro Honda (JICA Research Institute), Michael Joseph (Vodafone), Hiroshi Kato (JICA), Mwangi Kimenyi (Brookings), Michael Kubzansky (Monitor Inclusive Markets), Germano Mwabu (University of Nairobi), Jane Nelson (Harvard Kennedy School), Alice Ng'ang'a (Strathmore University, Nairobi), Justin Sandefur (Center for Global Development), Pauline Vaughan (consultant), Chris West (Shell Foundation)