Lloyd, Tim A.; Morrisey, Oliver; Osei, Robert Darko - 2001
private consumption. Exports, aid and public investment all are positively related to long-run growth. In the pre-1983 period …, exports and public investment had a negative impact on short-run growth whilst aid had no significant impact. Results for the … post-1983 period suggest that policy reform enhanced the effectiveness of exports, public investment and aid, all of which …