Managing the Exchange Rate Consequences of an MDG-Related Scale-Up in HIV/AIDS Financing

John Serieux

Chapter 7 in Economic Alternatives for Growth, Employment and Poverty Reduction, 2009, pp 137-159 from Palgrave Macmillan

Abstract: Abstract The projected increases in aid for HIV/AIDS-related initiatives, combined with aid directed at achieving other Millennium Development Goals (MDGs), is likely to mean a rapid scale-up in development assistance for many countries currently experiencing high HIV/AIDS infection rates. The prospect of this potentially rapid scale-up elicits a sense of trepidation in many of these countries because it portends the possibility of macroeconomic instability and/or Dutch Disease effects that may undermine growth.

Keywords: Exchange Rate; Current Account; Real Exchange Rate; Exchange Rate Regime; Nominal Exchange 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_8

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DOI: 10.1057/9780230250635_8

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