Herbertsson, Tryggvi Thor (contributor); … - 2005
to 3-8. So an economic crisis does give more aid, and after 3-9 years
13
there is an upswing. Whether this upswing … correlation between economic growth and development aid:
CL Convergence Literature: It considers the (g, y)-set of data, where … y is the income level,
and g is real economic growth. Convergence occurs if growth rates decrease with
income levels …