Fiscal Policy Response to Scaled-Up Aid
Author | : International Monetary Fund. Fiscal Affairs Dept. |
Publisher | : International Monetary Fund |
Total Pages | : 28 |
Release | : 2007-05-06 |
ISBN-10 | : 9781498333542 |
ISBN-13 | : 1498333540 |
Rating | : 4/5 (42 Downloads) |
Download or read book Fiscal Policy Response to Scaled-Up Aid written by International Monetary Fund. Fiscal Affairs Dept. and published by International Monetary Fund. This book was released on 2007-05-06 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.