 | Optimal Fiscal Spending and Reserve Accumulation Policies under Volatile Aid Author/Editor: Ioana Moldovan, Shu-Chun Susan Yang, Luis-Felipe Zanna. Release Date:June, 2019 This paper assesses the optimal setting of fiscal spending and foreign exchange rate intervention policies in response to volatile foreign aid, in a small open economy model that incorporates typical more...
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| Managing Reductions in Aid Inflows: Assessing Policy Choices in Haiti Author/Editor: Ioana Moldovan, Marina V Rousset, Chris Walker. Release Date:September, 2018 A low-income country such as Haiti that confronts an environment of diminishing aid inflows must assess tradeoffs among the available policy options: spending cuts, monetization, sales of debt, or more...
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