01089pab a2200169 454500008004000000100001600040245004400056260000900100300001300109520060700122650001600729700002200745773002100767909001000788999001700798952010400815180718b2003   xxu||||| |||| 00| 0 eng d  aBulir, Ales  aAid volatility: an empirical assessment  c2003  ap.64-89.  aThis 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.  aForeign aid  aHamann, A. Javier  aIMF Staff Papers  a56434  c56434d56434  00104070aIIPAbIIPAd2018-07-19hVolume no: 50, Issue no: 1pAR56879r2018-07-19w2018-07-19yAR