Aid volatility and Dutch disease : is there a role for macroeconomic policies? / Alessandro Prati and Thierry Tressel.

This paper studies how macroeconomic policies can help offset two unintended and undesirable features of foreign aid: its volatility and Dutch disease. We present evidence that aid volatility augments trade balance volatility and that foreign aid, with the important exception of years of adverse sho...

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Bibliographic Details

Online Access:	Full Text (via ProQuest)
Main Authors:	Prati, Alessandro, 1961- (Author), Tressel, Thierry (Author)
Corporate Author:	International Monetary Fund. Research Department
Format:	eBook
Language:	English
Published:	Washington, D.C. : International Monetary Fund, Research Dept., ©2006.
Series:	IMF working paper ; WP/06/145.
Subjects:	Economic assistance > Econometric models. Economic policy > Econometric models.