The IMF and Constraints on Spending Aid
| Autor(a) principal: | |
|---|---|
| Data de Publicação: | 2007 |
| Idioma: | eng |
| Título da fonte: | Repositório Institucional da IPEA (RCIpea) |
| dARK ID: | ark:/51990/001300000hzn7 |
| Texto Completo: | https://repositorio.ipea.gov.br/handle/11058/15810 |
Resumo: | In a recent IPC One pager, Terry McKinley asks why Africa is being constrained in spending aid (IPC OP No. 34, 2007). He implicates “restrictive, inflation-focused monetary policies” sponsored by the IMF as the primary agent blocking fiscal expansion. I agree that the IMF has been overly conservative in formulating fiscal strategy in many programmes with low income countries. However, the core of the problem is not inflation targets. The main issue is the implicit assumptions the IMF makes—often without much supporting evidence—about how the real economy will respond to changes in fiscal deficits and public spending. (...) |
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The IMF and Constraints on Spending AidEl FMI y las Restricciones en el Gasto de la AsistenciaLes limites imposées par le FMI à la dépense de l’aideO FMI e as Restrições a Gastar a AjudaPovertyIMFAIDMDGIn a recent IPC One pager, Terry McKinley asks why Africa is being constrained in spending aid (IPC OP No. 34, 2007). He implicates “restrictive, inflation-focused monetary policies” sponsored by the IMF as the primary agent blocking fiscal expansion. I agree that the IMF has been overly conservative in formulating fiscal strategy in many programmes with low income countries. However, the core of the problem is not inflation targets. The main issue is the implicit assumptions the IMF makes—often without much supporting evidence—about how the real economy will respond to changes in fiscal deficits and public spending. (...)Em um recente IPC One pager, Terry McKinley pergunta porque a África está sendo submetida a1 p.2024-10-04T00:08:44Z2024-10-04T00:08:44Z2007One Pagerinfo:eu-repo/semantics/publishedVersionapplication/pdfapplication/pdfapplication/pdfapplication/pdfhttps://repositorio.ipea.gov.br/handle/11058/15810ark:/51990/001300000hzn7International Policy Centre for Inclusive GrowthUnited Nations Development ProgrammeLicença total exclusivaO texto e dados desta publicação podem ser reproduzidos desde que as fontes sejam citadas. Reproduções com fins comerciais são proibidas.info:eu-repo/semantics/openAccessGoldsbrough, Davidengreponame:Repositório Institucional da IPEA (RCIpea)instname:Instituto de Pesquisa Econômica Aplicada (IPEA)instacron:IPEA2024-10-04T06:27:52Zoai:repositorio.ipea.gov.br:11058/15810Repositório InstitucionalPUBhttp://repositorio.ipea.gov.br/oai/requestsuporte@ipea.gov.bropendoar:2024-10-04T06:27:52Repositório Institucional da IPEA (RCIpea) - Instituto de Pesquisa Econômica Aplicada (IPEA)false |
| dc.title.none.fl_str_mv |
The IMF and Constraints on Spending Aid El FMI y las Restricciones en el Gasto de la Asistencia Les limites imposées par le FMI à la dépense de l’aide O FMI e as Restrições a Gastar a Ajuda |
| title |
The IMF and Constraints on Spending Aid |
| spellingShingle |
The IMF and Constraints on Spending Aid Goldsbrough, David Poverty IMF AID MDG |
| title_short |
The IMF and Constraints on Spending Aid |
| title_full |
The IMF and Constraints on Spending Aid |
| title_fullStr |
The IMF and Constraints on Spending Aid |
| title_full_unstemmed |
The IMF and Constraints on Spending Aid |
| title_sort |
The IMF and Constraints on Spending Aid |
| author |
Goldsbrough, David |
| author_facet |
Goldsbrough, David |
| author_role |
author |
| dc.contributor.author.fl_str_mv |
Goldsbrough, David |
| dc.subject.por.fl_str_mv |
Poverty IMF AID MDG |
| topic |
Poverty IMF AID MDG |
| description |
In a recent IPC One pager, Terry McKinley asks why Africa is being constrained in spending aid (IPC OP No. 34, 2007). He implicates “restrictive, inflation-focused monetary policies” sponsored by the IMF as the primary agent blocking fiscal expansion. I agree that the IMF has been overly conservative in formulating fiscal strategy in many programmes with low income countries. However, the core of the problem is not inflation targets. The main issue is the implicit assumptions the IMF makes—often without much supporting evidence—about how the real economy will respond to changes in fiscal deficits and public spending. (...) |
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2007 |
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2007 2024-10-04T00:08:44Z 2024-10-04T00:08:44Z |
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One Pager |
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info:eu-repo/semantics/publishedVersion |
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publishedVersion |
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https://repositorio.ipea.gov.br/handle/11058/15810 |
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ark:/51990/001300000hzn7 |
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eng |
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International Policy Centre for Inclusive Growth United Nations Development Programme Licença total exclusiva info:eu-repo/semantics/openAccess |
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International Policy Centre for Inclusive Growth United Nations Development Programme Licença total exclusiva |
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openAccess |
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application/pdf application/pdf application/pdf application/pdf |
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Repositório Institucional da IPEA (RCIpea) - Instituto de Pesquisa Econômica Aplicada (IPEA) |
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suporte@ipea.gov.br |
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