Author: Publisher:
ISBN:
Category : Counterpart funds
Languages : en
Pages : 20
Book Description
Local Currency Counterpart Funds
Author: Local Currency Counterpart Funds, First Annual Review, April 3, 1948-April 2, 1949
Author: United States. Economic Cooperation AdministrationPublisher:
ISBN:
Category :
Languages : en
Pages : 28
Book Description
Local Currency Counterpart Funds, Midpoint Review, April 1950
Author: United States. Economic Cooperation AdministrationPublisher:
ISBN:
Category :
Languages : en
Pages : 40
Book Description
Local Currency Counterpart Funds, Far East Program, Data as of June 30, 1954
Author: United States. Foreign Operations AdministrationPublisher:
ISBN:
Category :
Languages : en
Pages : 20
Book Description
European Program
Author: United States. Foreign Operations Administration. Office of Research, Statistics, and ReportsPublisher:
ISBN:
Category : Counterpart funds
Languages : en
Pages : 284
Book Description
European Program, Local Currency Counterpart Funds
Author: United States. Mutual Security AgencyPublisher:
ISBN:
Category :
Languages : en
Pages : 456
Book Description
The Local Currency Proceeds of Foreign Aid
Author: Alexis E. LachmanPublisher:
ISBN:
Category : Counterpart funds
Languages : en
Pages : 192
Book Description
Accumulation and Administration of Local Currencies
Author: Robert L. BerensonPublisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 116
Book Description
The Macroeconomic Impacts of Counterpart Funds
Author: International Monetary FundPublisher: International Monetary Fund
ISBN: 1451963467
Category : Business & Economics
Languages : en
Pages : 22
Book Description
This paper analyzes the macroeconomic impacts of the creation, accumulation, and use of counterpart funds. It draws attention to the importance of including counterpart funds in the design of macroeconomic policies to ensure their consistency. It shows that the creation or accumulation of counterpart funds in most cases is deflationary while their uses are inflationary. One conclusion is that “untied” counterpart funds are more appropriate for countries implementing an adjustment program.
The Macroeconomic Effects of Counterpart Funds and the Underlying Foreign Aid
Author: Mr.Christian B. MulderPublisher: International Monetary Fund
ISBN: 1451846592
Category : Business & Economics
Languages : en
Pages : 22
Book Description
Counterpart funds generated through foreign currency or commodity aid have again become an issue of interest, in view of the substantial buildup of these funds. Contrary to the usual approach a model is developed in this paper, which takes account of the budgetary impact, supply-side and money demand effects of counterpart funds and the underlying foreign aid. This model is used to show that counterpart funds need not have any economic impact if their creation, use, and effects are adequately monitored and understood, both by donors and by the authorities in the recipient country. The policy rules that ensure an inflation- and foreign reserves-neutral result from expected and unexpected foreign aid are derived and contrasted with a policy rule regarding unexpected foreign aid that is sometimes observed in IMF programs. A feasible alternative is developed. Various real world complications are shown not to alter the conclusions.