Howes, Stephen; Otor, Sabit; Rogers, Cate - Crawford School of Public Policy, Australian National … - 2011
In 1986, Mosely first drew attention to an apparent paradox in the performance of international aid. Microeconomic data from evaluations of aid financed projects showed a majority of projects were successful, whereas macroeconomic data from regressions of aid on growth were discouraging. The...