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Record Nr. |
UNINA9910828521903321 |
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Autore |
Mongardini Joannes |
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Titolo |
The Macroeconomics of Scaling Up Aid : : The Gleneagles Initiative for Benin / / Joannes Mongardini, Issouf Samaké |
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Pubbl/distr/stampa |
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Washington, D.C. : , : International Monetary Fund, , 2009 |
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ISBN |
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1-4623-1541-0 |
1-4527-8942-8 |
1-4518-7262-3 |
9786612843303 |
1-282-84330-3 |
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Edizione |
[1st ed.] |
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Descrizione fisica |
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1 online resource (34 p.) |
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Collana |
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Altri autori (Persone) |
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Disciplina |
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Soggetti |
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Economic assistance - Benin |
Exports and Imports |
Foreign Exchange |
Public Finance |
International Investment |
Long-term Capital Movements |
Foreign Aid |
National Government Expenditures and Related Policies: Infrastructures |
Other Public Investment and Capital Stock |
National Government Expenditures and Related Policies: General |
International economics |
Currency |
Foreign exchange |
Public finance & taxation |
Real exchange rates |
Absorptive capacity |
Foreign aid |
Public investment spending |
Expenditure |
Capital movements |
International relief |
Public investments |
Expenditures, Public |
Benin Economic conditions |
Benin |
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Lingua di pubblicazione |
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Formato |
Materiale a stampa |
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Livello bibliografico |
Monografia |
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Note generali |
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Description based upon print version of record. |
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Nota di bibliografia |
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Includes bibliographical references. |
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Nota di contenuto |
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Contents; I. Introduction; Figures; 1. The Scaling-Up of Grants: Net Per Capita Official Developments Assistance to Sub-Saharan Africa; II. The Literature on Aid Effectiveness; III. Benin's Macroeconomic Conditions and The Gleneagles Initiative; 2. Fiscal Space and Economic Performance, 1997-2007; IV. Models and Results; 3. Macroeconomic Impact of Aid Under Gleneagles Commitment, 2007-15; 4. Model-2 Scaling Up Scenario, 2007-15; V. Risk to the Gleneagles Scenario; 5. Debt Vulnerability After Scaling Up Aid, 2007-28 |
6. Macroeconomic Impact of Aid Under Gleneagles Commitment and With Limited Domestic Capacity, 2007-15VI. Conclusions and Policy Recommendations; Bibliography; Appendices; I. Baseline Scenario for Benin; II. The Two Model Properties |
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Sommario/riassunto |
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This paper assesses the macroeconomic implications of scaling up aid for Benin in line with the Gleneagles commitment to double aid to poor countries over the next three years to reach $85 per capita by 2010 and keep it at that level thereafter. The analysis suggests that the additional aid inflows can be accommodated under Fund-supported programs without major disruptions to macroeconomic stability, provided the inflows are highly concessional and used effectively. There are, however, significant risks that the impact on growth and poverty reduction of the additional aid inflows could fall short of expectations, given Benin's limited absorptive and administrative capacity. |
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