Clemens, Michael A.; Radelet, Steven; Bhavnani, Rikhil - EconWPA - 2004
) aid that affects growth only over the long term, if at all, such as aid to support democracy, the environment, health, or …Past research on aid and growth is flawed because it typically examines the impact of aggregate aid on growth over a … short period, usually four years, while significant portions of aid are unlikely to affect growth in such a brief time. We …