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Managing the Exchange Rate Consequences of an MDG-Related Scale-up in HIV/AIDS Financing

Listed author(s):
  • John Serieux

    ()

    (Assistant Professor, Dept. of Economics, University of Manitoba)

Registered author(s):

    This Conference Paper by John Serieux was presented at the ?Global Conference on Gearing Macroeconomic Policies to Reverse the HIV/AIDS Epidemic?, jointly organized by UNDP?s HIV/AIDS Group and IPC and held in Brasilia, November 2006. It is part of an IPC-supported Research Programme on ?Macroeconomic Policies to Combat HIV/AIDS?. The paper argues that any adverse macroeconomic effects of a large scaling up of HIV/AIDS financing can be prevented by proper exchange-rate management, including frontloading aid, building up a modest stock of foreign exchange reserves and refraining from over-reacting to initial moderate increases in inflation and the value of the exchange rate.

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    File URL: http://www.ipc-undp.org/pub/IPCConferencePaper1.pdf
    File Function: First version, 2007
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    Paper provided by International Policy Centre for Inclusive Growth in its series Conference Paper with number 1.

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    Length: 45
    Date of creation: Mar 2007
    Publication status: Published by UNDP - International Poverty Centre, March 2007, pages 1-45
    Handle: RePEc:ipc:cpaper:1
    Contact details of provider: Web page: http://www.ipc-undp.org
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