Mahembe, Edmore; Odhiambo, Nicholas M. - In: Cogent economics & finance 7 (2019) 1, pp. 1-17
This article examines the causal relationship between foreign aid, poverty, and economic growth in 82 developing … relationship between economic growth and poverty; (b) a unidirectional causal relationship from economic growth to foreign aid; and … (c) unidirectional causality from poverty to foreign aid. In the long-run, the study found that (a) foreign aid tends to …
