The Macroeconomics of Scaling-Up Aid: What We Know in Kenya, Malawi and Zambia

Abstract

Last week at the United Nations, the MDG Africa Steering Group discussed the Gleneagles Scenario. The participants reiterated the need for scaled-up aid in order to support the attainment of the Millennium Development Goals (MDGs). At the same time, a report issued by the International Monetary Fund (IMF) assessed the macroeconomic implications of scaling-up aid in Benin, Niger and Togo. The report acknowledged that higher levels of aid will put moderate to sizable pressures on inflation and real exchange rates (IMF, 2008). (...)

Na semana passada, na Organização das Nações Unidas, o Grupo Diretivo dos ODM