1 Subjects: “...Absorptive capacity...”

2 Subjects: “...Absorptive capacity...”

3 “... in the macroeconomics of aid surges. Absent sterilization, a peg allows for almost full aid absorption — an increase...”

4 “... and absorption of aid can generate temporary demand and real exchange rate appreciation pressures, but also have...”

5 “... absorption. Here, in contrast, a policy mix that results in spending but not absorbing the aid generates...”

6 “... public investment inefficiency, absorptive capacity constraints, Dutch disease, and financing needs...”

7 “... production technologies, while public investment is subject to inefficiencies and absorptive capacity...”