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 …

Africa has come a long way since the economic turmoil of the 1980s, the decade of "structural adjustment". Growth has … of diversification in Africa's economies-in contrast to Asia's success stories. Structural adjustment did not change the … manufacturing and service clusters, Africa is yet to follow East Asia in integrating with the global economy in ways that add value …

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 …

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 … converge to its long-run equilibrium path in response to changes in economic growth and poverty; and (b) both economic growth …

This research is an attempt to explore what appears to be a contradictory development message coming out of Africa. On … what the United Nations called “Africa World War I” has caused the worst humanitarian disaster since World War II. On the … other hand, the fastest growing economies are in Africa. An example is again the DR Congo, which, for the first fifteen …

overcome poverty and advance economic growth. For these countries, climate change threatens to deepen vulnerabilities, erode … general equilibrium model, this paper argues that climate change will negatively affect agricultural productivity in Africa … opportunity for African economies. As latecomers, Africa has indeed an opportunity to be at the forefront of the green revolution …

such a sustainable and equitable development strategy for Africa. It is necessary to reverse the trends in aid, and to …