This empirical study investigates foreign aid’s effectiveness in stimulating growth by considering economic policies … and the factors that influenced aid flow in Sri Lanka during the period of 1980-2008. For both analyses, a single …-equation instrumental variable estimation method is employed. The results derived from this study suggest that aid is positively associated …

The foreign aid landscape has undergone a paradigm shift in the last few decades, with changes in the behaviour of … 'traditional' donors and a new focus on selectivity in aid disbursement, as well as 'new' donors and South-South co …-operation playing an increasingly important role. Amidst these changes the debate over aid effectiveness rages on. What impact has aid …