We test the hypothesis that the effect of foreign aid on economic growth is positive in ethnically homogenous countries … estimates suggest that foreign aid may have retarded economic growth in many fractionalized countries, most of which are located …

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 … divide aid into three categories: (1) emergency and humanitarian aid (likely to be negatively correlated with growth); (2 …

This paper assesses econometrically the contribution of aid to output growth in a panel of twenty transition countries … growth. A second result is that the positive effect of aid seems to be stronger when associated with economic liberalisation … economic growth and the recent declining trend in aid commitments from industrialized countries. …

This paper surveys the recent literature on the links between public debt and economic growth in advanced economies. We …-run growth is thus an empirical question. While many papers have found a negative correlation between debt and growth, our … debt to economic growth. We also find that the presence of thresholds and, more in general, of a non-monotone relationship …

This paper uses an instrumental variable approach to study whether public debt has a causal effect on economic growth … correlation between debt and growth. However, the link between debt and growth disappears once we correct for endogeneity. We … growth is important in the light of the fact that the negative correlation between debt and growth is sometimes used to …

The available evidence on the effects of aid on growth is notoriously mixed. We use a novel empirical methodology, a …, imports, and per capita GDP growth to a “global” aid shock (the common component of individual country aid-to-GDP ratios). We … find that the estimated cumulative responses of exports and per capita GDP growth to a global aid shock are strongly …