It takes the average reader and 49 minutes to read The Macroeconomics of Medium-Term Aid Scaling-Up Scenarios by Rafael Portillo
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We develop a model to analyze the macroeconomic effects of a scaling-up of aid and assess the implications of different policy responses. The model features key structural characteristics of low-income countries, including varying degrees of public investment efficiency and a learning-by-doing (LBD) externality that captures Dutch disease effects. On the policy front, it distinguishes between spending the aid, which is controlled by the fiscal authority, and absorbing the aid - financing a higher current account deficit - which is influenced by the central bank''s reserve accumulation...
The Macroeconomics of Medium-Term Aid Scaling-Up Scenarios by Rafael Portillo is 48 pages long, and a total of 12,384 words.
This makes it 16% the length of the average book. It also has 15% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes 1 hour and 7 minutes to read The Macroeconomics of Medium-Term Aid Scaling-Up Scenarios aloud.
The Macroeconomics of Medium-Term Aid Scaling-Up Scenarios is suitable for students ages 8 and up.
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