Foreign aid’s effectiveness in promoting economic growth remains mired in controversy.We examine the impact of the … volatility of aid on economic growth, controlling for the level of aid. A four-year panel analysis is conducted encompassing 155 … countries over the period 1966-2001. We find that once the volatility of aid is controlled for, aid has a positive impact on …

the cases of bilateral aid and NGOs. The exploitation model gives however a partial view of what determines the sharing of … country, the pro-foreign aid stance of a government and the government size. Donor countries are not much affected in their …