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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Detalhes bibliográficos
Main Authors:Devarajan, Shantayanan, 1954- (Verfasser)
Outros Autores:Go, Delfin S. (Verfasser)
Page, John (Verfasser)
Thierfelder, Karen E. (Verfasser)
Robinson, Sherman (Verfasser)
Formato: Online-Resource
Idioma:English
Publicado em:Washington, D.C : The World Bank, 2008
Colecção:Policy research working paper
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