Financing HIV: the roles of international financial institutions
Financing HIV: the roles of international financial institutions
The role of the international financial institutions is of particular relevance, given their influence on government investment priorities. Despite assumptions to the contrary, the World Bank and the International Monetary Fund placed no ceilings on government spending. Both institutions are far more concerned with good government and the effective management of money, especially the efficient disbursement of funds. This chapter focuses on the role of international financial institutions, the effects of increased spending on macroeconomic and fiscal health, the constraints to this additional spending and, finally, the implications for the international financial institutions and other actors in reaching the twin objectives of sound economic policy and developing effectiveness in the effort to halt transmission of HIV and improve the treatment of AIDS.
Keywords: international financial institutions, World Bank, International Monetary Fund, macroeconomic stability, fiscal challenges, effective management
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