Riding the wave: monetary responses to aid surges in low-income countries
We focus on the management of highly persistent shocks to aid flows, including HIPC or MDG-related increases in net flows, in the presence of currency substitution by the domestic private sector. Such shocks have beneficent long-run effects, but when currency substitution is high they can produce dr...
Main Authors: | Buffie, E, Adam, C, O'Connell, S, Pattillo, C |
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Format: | Working paper |
Sprog: | English |
Udgivet: |
2006
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Fag: |
Lignende værker
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Riding the wave: monetary responses to aid surges in low-income countries.
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Riding the Wave: Monetary Responses to Aid Surges in Low-Income Countries.
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Riding the wave: monetary responses to aid surges in low-income countries
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