Conference Paper IPC-IG
URI Permanente para esta coleçãohttps://repositorio.ipea.gov.br/handle/11058/17466
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Item The Fiscal Implications of Scaling up ODA to Deal with the HIV/AIDS Pandemic(2007) Walters, BernardThe H IV/AIDS pandemic has motivated large increases in aid commitments and disbursements, with promises of further large increases in the near future. This aid is urgently required to address the emerging humanitarian crisis and implies immediate, large-scale increases in public expenditure. The central question that this paper examines is whether such increases can effectively address the epidemic without inducing macroeconomic disturbances, especially for those countries, particularly in sub-Saharan Africa, where there is already high aid dependence and parallel commitments to the other MDGs. (...)Item Scaling-up HIV/AIDS Financing and the Role of Macroeconomic Policies in Kenya(2007) Hailu, DegolThis Conference Paper on “Monetary Policies for an MDG-Related Scaling up of ODA to Combat HIV/AID S” was commissioned for the Global Conference on “Gearing Macroeconomic Policies to Reverse the HIV/AID S Financing”, which was held in Brasilia, 20-21 November 2006. It is the last in a four-part series that contributes to the on going debate on macroeconomic policies in low-income countries that restrict the scaling up of financial resources for an expanded HIV/AIDS response. (...)Item Monetary Policies for an MDG-Related Scaling up of ODA to Combat HIV/AIDS: Avoiding Dutch Disease Versus Supporting Fiscal Expansion(2007) Vernengo, MatíasThis Conference Paper by Matias Vernengo was presented at the “Global Conference on Gearing Macroeconomic Policies to Reverse the HIV/AIDS Epidemic”, jointly organized by UNDP’s HIV/AIDS Group and IPC and held in Brasilia, November 2006. It is part of an IPC-supported Research Programme on “Macroeconomic Policies to Combat HIV/AIDS”. The paper maintains that the monetary policies best suited to manage the macroeconomic effects of an MDG-related scaling up of HIV/AIDS financing are those that support the needed expansion of public spending - namely, monetary policies that maintain low rates of interest, increase overall liquidity in the economy and try to achieve a relatively depreciated currency.Item Managing the Exchange Rate Consequences of an MDG-Related Scale-up in HIV/AIDS Financing(2007) Serieux, JohnThis Conference Paper by John Serieux was presented at the “Global Conference on Gearing Macroeconomic Policies to Reverse the HIV/AIDS Epidemic”, jointly organized by UNDP’s HIV/AIDS Group and IPC and held in Brasilia, November 2006. It is part of an IPC-supported Research Programme on “Macroeconomic Policies to Combat HIV/AIDS”. The paper argues that any adverse macroeconomic effects of a large scaling up of HIV/AIDS financing can be prevented by proper exchange-rate management, including frontloading aid, building up a modest stock of foreign exchange reserves and refraining from over-reacting to initial moderate increases in inflation and the value of the exchange rate.