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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 …
Persistent link: https://www.econbiz.de/10010323535
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 …
Persistent link: https://www.econbiz.de/10008663071
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 …
Persistent link: https://www.econbiz.de/10003940407
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 …
Persistent link: https://www.econbiz.de/10013155524
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 …
Persistent link: https://www.econbiz.de/10013043432
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 …
Persistent link: https://www.econbiz.de/10009767897
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 …
Persistent link: https://www.econbiz.de/10010280094
Development aid does not always exert the desired positive effect on economic growth in recipient countries and it is … multilateral aid, with evidence that aid reduces TFP growth in the 0.1 and 0.25 quantiles. The search for sensible threshold values …
Persistent link: https://www.econbiz.de/10011383601
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 …
Persistent link: https://www.econbiz.de/10008990905
-national level in Sub-Saharan Africa over the period 1995-2013. The previous literature examines aid-growth relationship and gets … level tends to promote local economic growth, while aid received at more aggregate levels depresses local economic … hurt institutional environment. Aid at the local level promotes total economic flourish and slows down population growth …
Persistent link: https://www.econbiz.de/10012979248