Macroeconomic Policies to combat HIV/AIDS
This portal provides papers related to an IPC-IG supported research programme, Macroeconomic Policies against HIV/AIDS. The research programme started in 2005 with an IPC-IG Working Paper on the impact of Official Development Assistance on macroeconomic instability (Click here). Since then, IPC-IG has focused on the macroeconomic impact of scaling up ODA to combat the HIV/AIDS epidemic.
In November 2006, IPC-IG joined with the HIV/AIDS Group of UNDP in organizing a Global Conference on Gearing Macroeconomic Policies to Reverse the HIV/AIDS Epidemic. IPC-IG took the lead in inviting economists to the conference and commissioning some of them to write papers on macroeconomic policies.
Also included below is a brief description of the Global Conference and the PowerPoint presentations made by economists. The webpage also supplies a list of background reference material and important links for those who wish to read additional papers on Macroeconomic Policies and HIV/AIDS.
IPC-supported Conference Papers
Scaling-up HIV/AIDS Financing and the Role of Macroeconomic Policies in Kenya 
The Fiscal Implications of Scaling up ODA to Deal with the HIV/AIDS Pandemic
Monetary Policies for an MDG-Related Scaling up of ODA to Combat HIV/AIDS:Avoiding Dutch Disease Versus Supporting Fiscal Expansion
Managing the Exchange Rate Consequences of an MDG-Related Scale-up in HIV/AIDS Financing
IPC-IG Publications
The Macroeconomic Debate on Scaling up HIV/AIDS Financing
Why Not ‘Front-load’ ODA for HIV/Aids?
Gearing macroeconomic polices to manage large inflows of ODA: The implications for HIV/AIDS programmes
Why is ‘The Dutch disease’ always a disease? the macroeconomic consequences of scaling up ODA
Global Conference on Gearing Macroeconomic Policies to Reverse the HIV/AIDS Epidemic
Introduction
The Global Conference on Gearing Macroeconomic Policies to Reverse the HIV/AIDS Epidemic (20-21 November, 2006) gathered economists, HIV/AIDS specialists, government policymakers, policy specialists of the U.N., the Bretton Woods Institutions and bilateral agencies, and NGO representatives from all over the world in order to discuss and debate the issues related to the conference theme and identify appropriate macroeconomic responses. This conference was co-sponsored by the International Policy Centre for Inclusive Growth and the HIV/AIDS Group of UNDP, New York.
A major problem in confronting the epidemic is that restrictive macroeconomic policies are hampering the effort to utilize the increased funds now available in many countries. If the MDG target for HIV/AIDS is to be reached, even more dramatic scaling up of Official Development Assistance is urgently needed. Macroeconomic policies need to be tailored to accommodate and support this scaling up.
Conference sessions were designed to engage participants in a lively dialogue on how to forge a new consensus and launch a vigorous advocacy campaign in support of a dramatic increase of resources and the implementation of macroeconomic policies aligned with such an objective.
Conference Power Point Presentations
Fiscal Implication of Scaling Up Aid to Deal with the HIV/AIDS Epidemic, by Bernard Walters, Manchester University , UK
IMF Programs and Health Spending, by David Goldsbrough, Center for Global Development, Washington D.C.
An Introduction to the Macroeconomic Issues of Scaling Up HIV/AIDS Financing, by Mwanza Nkusu, International Monetary Fund, Washington D.C.
Macro Effects of Scaling Up Aid: A Case Study for Tanzania, by Mick Foster , independent consultant
Macroeconomic Policies for Combating HIV and AIDS, by David Bevan, Oxford University , UK
Monetary Policy for Aid-Receiving Countries, by Matias Vernengo, University of Utah , US
Scaling Up ODA for HIV/AIDS Programs in Developing Countries: Exchange Rates and Management Issues, by John Serieux, University of Manitoba, Canada
Scaling-up Resources for HIV/AIDS Control and Macroeconomic Policies: The Case of Kenya, by Degol Hailu, UNDP Caribbean
Background Reference Material
Actionaid USA / ActionAid International (2005). “Changing course: alternative approaches to achieve the Millennium Development Goals and fight HIV/AIDS: Challenging the IMF's approaches to the MDGs and HIV and Aids”.
Adam, C., Bevan, D. (2003). “Aid, Public Expenditure and Dutch Disease”. Department of Economics., University of Oxford.
Adam, C., Bevan, D. (2004). “Aid and the Supply Side: Public Investment, Export Performance and Dutch Disease in Low Income Countries”. Department of Economics., University of Oxford.
Foster, M. and Killick, T. (2006). “What Would Doubling Aid Do for Macroeconomic Management in Africa?”, The Overseas Development Institute, Working Paper # 264.
Goldsbrough, David (2006). “ The Nature of the Debate Between the IMF and its Critics”, Center for Global Development, Background Note for the Working Group on IMF-Supported Programs and Health Expenditures.
Gupta, S., Powell, R. and Yang, Y. (2006). “Macroeconomic Challenges of Scaling Aid to Africa: A Checklist for Practitioners” . International Monetary Fund.
International Monetary Fund (2005). “The Macroeconomics of Managing Increased Aid Inflows: Experiences of Low-Income Countries and Policy Implications”. Policy Development and Review Department, IMF.
Lewis, M. (2005),. “Adressing the Challenges of HIV/AIDS : Macroeconomic, Fiscal and Institutional Issues”, Center for Global Development, Working Paper # 58.
Nkusu, M. (2004). “Aid and the Dutch Disease in Low Income Countries: Informed Diagnosis for Prudent Prognosis”. International Monetary Fund Working Paper WP/04/49.
Nkusu, M. (2004). “ Financing Uganda’s Poverty Reduction Strategy: Is Aid Causing More Pain Than Gain?”. International Monetary Fund Working Paper WP 04/70.
Important Links
UNDP HIV/AIDS Group
World Health Organization (WHO) – Macroeconomics and Health
Center for Global Development – HIV/AIDS Monitor
The Joint United Nations Programme on HIV/AIDS (UNAIDS)
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