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3 Aid, Growth, and Poverty

3 Aid, Growth, and Poverty »

Source: The Macroeconomic Management of Foreign Aid : Opportunities and Pitfalls

Series: Seminar Volumes

Author(s): Boriana Yontcheva , Peter Isard , Leslie Lipschitz , and Alex Mourmouras

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 21 April 2006

ISBN: 9781589065208

Keywords: debt, exchange rate, real exchange rate, loans, political institutions

The organizers of this conference have asked me to speak about aid and poverty alleviation. We have already heard Steven Radelet provide a very thorough review of the state of the evidence on the effects of...

2 Halving the Poverty Rate by 2015

2 Halving the Poverty Rate by 2015 »

Source: Post-Stabilization Economics in Sub-Saharan Africa : Lessons from Mozambique

Series: Books

Author(s): Shanaka Peiris , and Jean Clément

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 2008

ISBN: 9781589066779

Keywords: exchange rate, inflation, monetary policy, budget support, real exchange rate

Mozambique has been remarkably successful in reducing poverty over the past decade. Sustained, broad-based growth resulted in a 25 percent decline, equivalent to 4 percentage points a year, in the poverty he...

Session I Aid, Growth, and Poverty Reduction: What Should Aid Be Trying to Achieve? How Good Is the Record?

Session I Aid, Growth, and Poverty Reduction: What Should Aid Be Trying to Achieve? How Good Is the Record? »

Source: The Macroeconomic Management of Foreign Aid : Opportunities and Pitfalls

Series: Seminar Volumes

Author(s): Boriana Yontcheva , Peter Isard , Leslie Lipschitz , and Alex Mourmouras

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 21 April 2006

ISBN: 9781589065208

Keywords: debt, exchange rate, real exchange rate, loans, political institutions

...

3 Sustaining Growth in the Long Term

3 Sustaining Growth in the Long Term »

Source: Post-Stabilization Economics in Sub-Saharan Africa : Lessons from Mozambique

Series: Books

Author(s): Shanaka Peiris , and Jean Clément

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 2008

ISBN: 9781589066779

Keywords: exchange rate, inflation, monetary policy, budget support, real exchange rate

The question of how to achieve rapid and sustained growth has challenged economists for generations. As Robert Lucas (1988) has famously remarked, “the consequences for human welfare involved in questions li...

1 Sustaining Growth Takeoffs: Lessons from Mozambique

1 Sustaining Growth Takeoffs: Lessons from Mozambique »

Source: Post-Stabilization Economics in Sub-Saharan Africa : Lessons from Mozambique

Series: Books

Author(s): Shanaka Peiris , and Jean Clément

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 2008

ISBN: 9781589066779

Keywords: exchange rate, inflation, monetary policy, budget support, real exchange rate

Mozambique is a success story in sub-Saharan Africa. It has benefited from sustained large foreign aid inflows, strong and broad-based growth, and deep poverty reduction. Since its civil war ended in 1992, M...