05156oam 22011414 450 991082852190332120240402051246.01-4623-1541-01-4527-8942-81-4518-7262-397866128433031-282-84330-3(CKB)3170000000058248(EBL)1608305(SSID)ssj0000939913(PQKBManifestationID)11489728(PQKBTitleCode)TC0000939913(PQKBWorkID)10956162(PQKB)10818232(OCoLC)645150763(IMF)WPIEE2009115(MiAaPQ)EBC1608305(EXLCZ)99317000000005824820020129d2009 uf 0engur|n|---|||||txtccrThe Macroeconomics of Scaling Up Aid : The Gleneagles Initiative for Benin /Joannes Mongardini, Issouf Samaké1st ed.Washington, D.C. :International Monetary Fund,2009.1 online resource (34 p.)IMF Working PapersDescription based upon print version of record.1-4519-1692-2 Includes bibliographical references.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, 2007-286. 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 PropertiesThis 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.IMF Working Papers; Working Paper ;No. 2009/115Economic assistanceBeninExports and ImportsimfForeign ExchangeimfPublic FinanceimfInternational InvestmentimfLong-term Capital MovementsimfForeign AidimfNational Government Expenditures and Related Policies: InfrastructuresimfOther Public Investment and Capital StockimfNational Government Expenditures and Related Policies: GeneralimfInternational economicsimfCurrencyimfForeign exchangeimfPublic finance & taxationimfReal exchange ratesimfAbsorptive capacityimfForeign aidimfPublic investment spendingimfExpenditureimfCapital movementsimfInternational reliefimfPublic investmentsimfExpenditures, PublicimfBeninEconomic conditionsBeninimfEconomic assistanceExports and ImportsForeign ExchangePublic FinanceInternational InvestmentLong-term Capital MovementsForeign AidNational Government Expenditures and Related Policies: InfrastructuresOther Public Investment and Capital StockNational Government Expenditures and Related Policies: GeneralInternational economicsCurrencyForeign exchangePublic finance & taxationReal exchange ratesAbsorptive capacityForeign aidPublic investment spendingExpenditureCapital movementsInternational reliefPublic investmentsExpenditures, Public338.96Mongardini Joannes1619193Samaké Issouf1136558International Monetary Fund.DcWaIMFBOOK9910828521903321The Macroeconomics of Scaling Up Aid3995299UNINA