Thinking about Aid Predictability
No hay miniatura disponible
Fecha
Autores
Título de la revista
ISSN de la revista
Título del volumen
Editor
World Bank, Washington, DC
Resumen
Descripción
Researchers are giving more attention to
aid predictability. In part, this is because of increases in
the number of aid agencies and aid dollars and the growing
complexity of the aid community. A growing body of research
is examining key questions: Is aid unpredictable? What
causes unpredictability? What can be done about it? This
note draws from a selection of recent literature to bring
some clarity to the basic story emerging. The authors start
by presenting evidence from the literature on various
problems with aid flows. Then authors discuss how
researchers use terms like volatility and unpredictability
when discussing aid predictability; the suggest that these
concepts can be sharpened by introducing two new concepts:
expectations and reliability. These new concepts are
particularly useful in conceptualizing the problems of
unpredictable flows in government budget processes. This
approach allows a basic analysis of how timing and different
types of aid affect predictability, and the implications for
policy making.
Palabras clave
AID, AID AGENCIES, AID FLOWS, BALANCE OF PAYMENTS, BUDGET CONSTRAINTS, BUDGETING, BUSINESS CYCLE, BUSINESS CYCLES, CAPACITY CONSTRAINTS, DEVELOPING COUNTRIES, DEVELOPMENT AID, DISBURSEMENT, DISBURSEMENTS, DOMESTIC DEBT, ECONOMIC DEVELOPMENT, FASHION, FISCAL POLICY, FOOD AID, GOVERNMENT BUDGET, HIV/AIDS, INTERNATIONAL DEVELOPMENT, INTERNATIONAL ECONOMICS, INTERNATIONAL TRADE, INTERVENTIONS, INVESTMENT REQUIREMENTS, INVESTMENT SPENDING, LENDERS, MONETARY FUND, POLICY RESPONSE, POLICY RESPONSES, PORTFOLIO, RESOURCE ALLOCATION, TAX, TRANSPARENCY