JAYARAMAN, T.K.; LAU, EVAN - In: Journal of Academic Research in Economics 3 (2011) 2 (July), pp. 122-135
The Pacific island countries (PICs) have been among the world’s top ten recipients of official development assistance (ODA) on a per capita basis. This paper seeks to examine the effectiveness of external aid by undertaking a panel data study covering five countries in the South Pacific,...