Constraints to achieving the MDGs with scaled-up aid / François Bourguignon and Mark Sundberg
2006
Files
Detalles de los registros
SignaturaST/ESA/2006/DWP/15
TítuloConstraints to achieving the MDGs with scaled-up aid / François Bourguignon and Mark Sundberg
AccesoFull text: wp15_2006 - PDF ;
Resúmen
This paper examines the macroeconomic and structural constraints to scaling up aid flows to developing countries to meet the Millennium Development Goals in 2015, including infrastructure, competitiveness and the real exchange rate, labour markets, fiscal constraints, governance, and aid volatility and fragmentation. The impact of these constraints on cost-efficient sequencing and composition of scaled-up aid flows is considered, using a dynamic computable general equilibrium model applied to Ethiopia. The main conclusions are that: (i) accelerating growth through productivity-enhancing infrastructure investment (and improved governance) is key to achieving the MDGs; (ii) large increases in aid risk undermining competitiveness and future growth; and (iii) skilled labour constraints require careful aid sequencing that limit the scope for frontloading.
Constraints to scaling up aid to reach the MDGs -- Constraints to scaling up aid to reach the MDGs -- Scaling up aid: a country application -- Conclusions.
Constraints to scaling up aid to reach the MDGs -- Constraints to scaling up aid to reach the MDGs -- Scaling up aid: a country application -- Conclusions.
Signatura topográfica
ST/DESA(05)/D62/no.15
Internet
Internet
Series
Fecha[New York] : UN Dept. of Economic and Social Affairs, Mar. 2006
Descripción
24 p. : graphs
Notas
Includes bibliographical references (p. 23-24).