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The HIV PandemicLocal and Global Implications$
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Eduard J. Beck, Nicholas Mays, Alan W. Whiteside, and José M. Zuniga

Print publication date: 2007

Print ISBN-13: 9780199237401

Published to Oxford Scholarship Online: September 2009

DOI: 10.1093/acprof:oso/9780199237401.001.0001

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Financing HIV: the roles of international financial institutions

Financing HIV: the roles of international financial institutions

Chapter:
(p.625) Chapter 42 Financing HIV: the roles of international financial institutions
Source:
The HIV Pandemic
Author(s):

Maureen Lewis

Susan Stout

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780199237401.003.0042

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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