Aid, Growth, And Real Exchange Rate Dynamics

Aid, Growth, And Real Exchange Rate Dynamics / Shantayanan Devarajan, Delfin S. Go, John Page, Sherman Robinson, and Karen Thierfelder

Devarajan, Go, Page, Robinson, and Thierfelder argued that if aid is about the future and recipients are able to plan consumption and investment decisions optimally over time, then the potential problem of an aid-induced appreciation of the real exchange rate (Dutch disease) does not occur. In their...

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Bibliographic Details
Main Authors:Devarajan, Shantayanan, 1954- (Verfasser)
Other Authors:Go, Delfin S. (Verfasser)
Page, John (Verfasser)
Thierfelder, Karen E. (Verfasser)
Robinson, Sherman (Verfasser)
Format: Online-Resource
Language:English
Published:Washington, D.C : The World Bank, 2008
Series:Policy research working paper
Subjects:
Currencies and Exchange Rates
Debt
Debt Markets
Economic Theory and Research
Emerging Markets
Equilibrium
Extreme Poverty
Finance and Financial Sector Development
Incentive Effects
Macroeconomic Management
Macroeconomics and Economic Growth
Marginal Productivity
Open Economy
Private Sector Development
Productivity
Savings
Side Effects
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