Fiscal inertia, donor credibility, and the monetary management of aid surges

Fiscal inertia, donor credibility, and the monetary management of aid surges

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Donors cannot pre-commit to support scaled-up public spending programs on a continuing basis, nor can governments credibly commit to curtail expenditure rapidly in the event that aid revenues contract. An aid boom may therefore be accompanied by a credibility problem. When this is the case, the <...

書誌詳細
主要な著者:	Buffie, E, O'Connell, S, Adam, C
フォーマット:	Journal article
出版事項:	Elsevier 2010

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