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effects of aid. Following the estimation approach of Clemens et al. (2012), we find that aid tends to be less effective when …
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conditional probability of growth accelerations. This result holds across different estimation methods. Short-impact aid is found …
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Foreign direct investment (FDI) has boomed in post-reform India. Moreover, the composition and type of FDI has changed considerably since India has opened up to world markets. This has fuelled high expectations that FDI may serve as a catalyst to higher economic growth. We assess the growth...
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