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

Author

Listed:
  • John Serieux

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

Abstract

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.

Suggested Citation

  • John Serieux, 2007. "Managing the Exchange Rate Consequences of an MDG-Related Scale-up in HIV/AIDS Financing," Conference Paper 1, International Policy Centre for Inclusive Growth.
  • Handle: RePEc:ipc:cpaper:1
    as

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    File URL: http://www.ipc-undp.org/pub/IPCConferencePaper1.pdf
    File Function: First version, 2007
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    References listed on IDEAS

    as
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    5. Arellano, Cristina & Bulír, Ales & Lane, Timothy & Lipschitz, Leslie, 2009. "The dynamic implications of foreign aid and its variability," Journal of Development Economics, Elsevier, vol. 88(1), pages 87-102, January.
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    19. Bryceson, Deborah Fahy & Fonseca, Jodie, 2006. "Risking death for survival: Peasant responses to hunger and HIV/AIDS in Malawi," World Development, Elsevier, vol. 34(9), pages 1654-1666, September.
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    More about this item

    Keywords

    Poverty; MDG; HIV/AIDS; EXCHANGE RATE;

    JEL classification:

    • B41 - Schools of Economic Thought and Methodology - - Economic Methodology - - - Economic Methodology

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