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The Spending and Absorption of Aid in PRGF Supported Programs [electronic resource] Martijn, Jan Kees.

Author/Creator:
Martijn, Jan Kees.
Publication:
Washington, D.C. : International Monetary Fund, 2008.
Series:
IMF eLibrary
IMF Working Papers; Working Paper No. 08/237.
IMF Working Papers; Working Paper No. 08/237
Format/Description:
Government document
Book
1 online resource (44 p.)
Local subjects:
Absorptive capacity. (search)
Account deficits. (search)
Additional fiscal resources. (search)
Balance of payment. (search)
Balance of payments. (search)
Budget support. (search)
Central bank. (search)
Current account. (search)
Current account balance. (search)
Current account balances. (search)
Current account deficit. (search)
Current account deficits. (search)
Debt outstanding. (search)
Debt relief. (search)
Debt relief initiative. (search)
Debt service. (search)
Debt sustainability. (search)
Developing countries. (search)
Domestic debt. (search)
Domestic financing. (search)
Economic models. (search)
External debt. (search)
External debt service. (search)
External financing. (search)
External public debt. (search)
External public sector debt. (search)
Financial stability. (search)
Fiscal authorities. (search)
Fiscal balance. (search)
Fiscal consolidation. (search)
Fiscal contraction. (search)
Fiscal data. (search)
Fiscal deficit. (search)
Fiscal deficits. (search)
Fiscal expansion. (search)
Fiscal expenditures. (search)
Fiscal management. (search)
Fiscal policies. (search)
Fiscal policy. (search)
Fiscal programming. (search)
Fiscal resources. (search)
Fiscal response. (search)
Fiscal space. (search)
Fiscal spending. (search)
Fiscal support. (search)
Fiscal variables. (search)
Foreign aid. (search)
Government budget. (search)
Government spending. (search)
Multilateral debt. (search)
Multilateral debt relief. (search)
Official creditors. (search)
Poverty Reduction and Growth Facility. (search)
Public debt. (search)
Public sector debt. (search)
Reserve accumulation. (search)
Afghanistan, Islamic Republic of. (search)
Albania. (search)
Benin. (search)
Burkina Faso. (search)
Cameroon. (search)
Central African Republic. (search)
Congo, Democratic Republic of the. (search)
Georgia. (search)
Mauritania. (search)
Nepal. (search)
Nicaragua. (search)
Summary:
This paper studies the spending and absorption of aid in PRGF-supported programs, verifies whether the use aid is programmed to be smoothed over time, and analyzes how considerations about macroeconomic stability influence the programmed use of aid. It finds that PRGF-supported programs allow countries to use most or almost all increases in aid within a few years. The paper finds some evidence that the programmed absorption of aid is higher in countries where reserve coverage is above a certain threshold, whereas programmed spending does not seem to depend on inflation. Finally, it shows that the presence of a PRGFsupported program does not constrain the actual spending and absorption of aid.
Notes:
Description based on print version record.
Contributor:
Berndt, Markus.
Dudine, Paolo.
Martijn, Jan Kees.
Shonchoy, Abu.
Other format:
Print Version:
ISBN:
1451870957:
9781451870954
ISSN:
1018-5941
Publisher Number:
10.5089/9781451870954.001
Access Restriction:
Restricted for use by site license.
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