The macroeconomic effects of scaling up aid -- Managing the real exchange rate -- Using monetary policy for sterilization and inflation management -- Mobilizing adequate domestic revenues -- Projecting the impact of increased aid on economic growth -- Meeting other fiscal challenges --...

Introduction -- Review of macro-micro approaches for evaluating the distributional impacts of macroeconomic reforms [Moataz El-Said] -- Distributional impacts of indirect tax and public pricing reforms: a review of methods and empirical evidence [David Coady] -- Analyzing the impact of trade...

This paper is part II of a two-volume study conducted as a part of the IMF's ongoing process of evaluating its lending facilities. It focuses on IMF-supported programs and macroeconomic performance during 1988-92, reflecting information available through the end of 1993. Part I (Occasional Paper...