The Macroeconomic Implications of MDG-Based Strategies in Sub-Saharan Africa

John Weeks and Terry McKinley

Chapter 1 in Economic Alternatives for Growth, Employment and Poverty Reduction, 2009, pp 15-23 from Palgrave Macmillan

Abstract: Abstract At the Gleneagles summit in 2005, the G-8 committed to doubling Official Development Assistance (ODA) to Africa by 2010 in order to help finance national efforts to reach the Millennium Development Goals (MDGs). Will such a substantial scaling up of ODA lead to more expansionary macroeconomic policies? This Policy Research Brief assesses the implications for fiscal, monetary and exchange-rate policies.

Keywords: Monetary Policy; Central Bank; Real Interest Rate; Public Investment; Real Rate (search for similar items in EconPapers)
Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-25063-5_2

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DOI: 10.1057/9780230250635_2

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