This paper examines how macroeconomic policies can be managed to accommodate a large inflow of foreign aid to combat the HIV/AIDS epidemic and still maintain macroeconomic stability. Because of the daunting scale of this epidemic, funds need to be disbursed urgently in order to contain its...

This report contains proposals for a new framework for development cooperation. The Cold War is over and we have an opportunity to replace the ideological competition that dominated international relations for nearly half a century by a new ethos of solidarity and cooperation. The world is no...