| 000 -LEADER |
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| fixed length control field |
00973pab a2200157 454500 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION |
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| fixed length control field |
180718b2003 xxu||||| |||| 00| 0 eng d |
| 100 ## - MAIN ENTRY--PERSONAL NAME |
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| Personal name |
Bulir, Ales |
| 245 ## - TITLE STATEMENT |
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| Title |
Aid volatility: an empirical assessment |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. |
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| Date of publication, distribution, etc. |
2003 |
| 300 ## - PHYSICAL DESCRIPTION |
|---|
| Extent |
p.64-89. |
| 520 ## - SUMMARY, ETC. |
|---|
| Summary, etc. |
This article examines empirical evidence on the volatility and uncertainty of aid flows and their main policy implications. Aid is found to be more volatile than fiscal revenues - particularly in highly aid-dependent countries - and shortfalls in aid and domestic revenue tend to coincide. The article also finds that uncertainty about aid disbursements is large and that the information content of commitments made by donors is either very small or statistically insignificant. Specific policies and broader international efforts to cope with these features of aid are briefly discussed. - Reproduced. |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
|---|
| Topical term or geographic name entry element |
Foreign aid |
| 700 ## - ADDED ENTRY--PERSONAL NAME |
|---|
| Personal name |
Hamann, A. Javier |
| 773 ## - HOST ITEM ENTRY |
|---|
| Main entry heading |
IMF Staff Papers |
| 909 ## - |
|---|
| -- |
56434 |
