Controversy over the aggregate impact of foreign aid has focused on reduced form estimates of the aid-growth link. The … causal chain, through which aid affects developmental outcomes including growth, has received much less attention. We address … impacts on growth through key intermediate outcomes. A coherent picture emerges: aid stimulates growth and reduces poverty …

literature doubts the ability of foreign aid to foster economic growth and development. This paper assesses the aid-growth … a positive and statistically significant causal effect on growth over the long run, with confidence intervals conforming … to levels suggested by growth theory. Aid remains a key tool for enhancing the development prospects of poor countries. …

This paper confirms recent evidence of a positive impact of aid on growth and widens the scope of evaluation to a range … of outcomes including proximate sources of growth (e.g., physical and human capital), indicators of social welfare (e … coherent and favorable pattern of results emerges. Aid has over the past forty years stimulated growth, promoted structural …

literature has turned decidedly pessimistic with respect to the ability of foreign aid to foster economic growth. Policy … assesses the aid-growth literature with a focus on recent contributions. The aid-growth literature is then framed, for the … and statistically significant causal effect on growth over the long run with point estimates at levels suggested by growth …

This paper confirms recent evidence of a positive impact of aid on growth and widens the scope of evaluation to a range … of outcomes including proximate sources of growth (e.g., physical and human capital), indicators of social welfare (e … coherent and favorable pattern of results emerges. Aid has over the past forty years stimulated growth, promoted structural …

the Vietnamese development experience. We find that while some of the difference between GDP and employment growth can be …

doubt on the ability of foreign aid to foster economic growth and development. This paper assesses what meta-analysis has to … say about the effectiveness of foreign aid in terms of the growth impact. We re-examine key hypotheses, and find that the … effect of aid on growth is positive and statistically significant. This significant effect is genuine, and not an artefact of …

To continue its economic growth and create new and better livelihoods, Africa must transform the productive side of its … of the Congo, Somalia, and others, as they need inclusive growth to reinforce the politics of peace. This is the context …

Does foreign aid promote aggregate economic growth? In contrast to widespread perceptions, academic studies of this …

As research on the empirical link between aid and growth continues to grow, it is time to revisit the accumulated …