Hansen, Henrik; Tarp, Finn - Volkswirtschaftliche Fakultät, … - 1999
-country analysis fails to find any significant link between aid flows and growth, and that aid is successful only when associated with … paper, we offer a re-examination of the literature on the aid-savings, aid-investment, and aid growth relationships, and a … coherent and positive picture of the aid-growth link emerges. Aid works, even in countries hampered by an unfavorable policy …