Aid Volatility and Macro Risks in Low-Income Countries:
The report argues that aid volatility is an important source of volatility for the poorest countries. Following a method already applied by the Agence Française de Développement, the report argues that loans to LICs should incorporate a floating grace period, which the country could draw upon when h...
Gespeichert in:
| Beteilige Person: | |
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| Weitere beteiligte Personen: | , , |
| Format: | Elektronisch E-Book |
| Sprache: | Englisch |
| Veröffentlicht: |
Paris
OECD Publishing
2008
|
| Schriftenreihe: | OECD Development Centre Working Papers
|
| Schlagwörter: | |
| Links: | https://doi.org/10.1787/227667286811 |
| Zusammenfassung: | The report argues that aid volatility is an important source of volatility for the poorest countries. Following a method already applied by the Agence Française de Développement, the report argues that loans to LICs should incorporate a floating grace period, which the country could draw upon when hit by a shock. The definition of a shock should include aid uncertainty, along with others such as commodity shocks and natural disasters. The idea is calibrated to a key IMF policy instrument towards Low-Income Countries, the Poverty-Reducing and Growth Facility (PRGF) |
| Umfang: | 1 Online-Ressource (43 Seiten) 21 x 29.7cm |
| DOI: | 10.1787/227667286811 |
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| id | DE-604.BV047936865 |
| illustrated | Not Illustrated |
| indexdate | 2025-01-11T15:46:00Z |
| institution | BVB |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-033318359 |
| oclc_num | 1312686664 |
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| physical | 1 Online-Ressource (43 Seiten) 21 x 29.7cm |
| psigel | ZDB-13-SOC |
| publishDate | 2008 |
| publishDateSearch | 2008 |
| publishDateSort | 2008 |
| publisher | OECD Publishing |
| record_format | marc |
| series2 | OECD Development Centre Working Papers |
| spellingShingle | Borensztein, Eduardo Aid Volatility and Macro Risks in Low-Income Countries Development |
| title | Aid Volatility and Macro Risks in Low-Income Countries |
| title_auth | Aid Volatility and Macro Risks in Low-Income Countries |
| title_exact_search | Aid Volatility and Macro Risks in Low-Income Countries |
| title_full | Aid Volatility and Macro Risks in Low-Income Countries Eduardo Borensztein ... [et al] |
| title_fullStr | Aid Volatility and Macro Risks in Low-Income Countries Eduardo Borensztein ... [et al] |
| title_full_unstemmed | Aid Volatility and Macro Risks in Low-Income Countries Eduardo Borensztein ... [et al] |
| title_short | Aid Volatility and Macro Risks in Low-Income Countries |
| title_sort | aid volatility and macro risks in low income countries |
| topic | Development |
| topic_facet | Development |
| url | https://doi.org/10.1787/227667286811 |
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