Arndt, Channing; Jones, Sam; Tarp, Finn - Økonomisk Institut, Københavns Universitet - 2009
literature has turned decidedly pessimistic with respect to the ability of foreign aid to foster economic growth. Policy … foreign aid to foster economic growth. Policy implications, such as the
complete cessation of aid to Africa, are being drawn … ability of aid to contribute to economic growth in poor countries. Despite this
conclusion, their long-run results point to a …