The available evidence on the effects of aid on growth is notoriously mixed. We use a novel empirical methodology, a …, imports, and per capita GDP growth to a global aid shock (the common component of individual country aid-to-GDP ratios). We … find that the estimated cumulative resposive of exports and per capita GDP growth to a global aid shock are strongly …

In previous papers we have argued that aid is likely to mitigate the negative effects of external shocks on economic … growth (i.e., aid is more effective in countries that are more vulnerable to external shocks). Recently an important debate … has emerged about the possible negative effects of aid volatility itself. However, the cushioning effect of aid may …

I discuss how aid can support growth in small, isolated economies. Small markets frustrate scale economies and …

This paper employs a cointegrated vector autoregressive model to assess the growth effect of aid in Uganda over the … period 1972-2008. Results show that aid in Uganda has had both direct and indirect beneficial association with growth; that … of policy, it is crucial to strengthen fiscal response to aid receipts and ensure aid funded projects are closely …

Bangladesh’s growing foreign aid has sparked controversy over whether it affects the country’s economic performance …. This review assesses foreign aid’s influence on the country’s economic growth with annual data covering the 1989 … that the association between aid, domestic investment, and growth has a confident meaningful effect at 1 per cent level in …

Bangladesh’s growing foreign aid has sparked controversy over whether it affects the country’s economic performance …. This review assesses foreign aid’s influence on the country’s economic growth with annual data covering the 1989 … that the association between aid, domestic investment, and growth has a confident meaningful effect at 1 per cent level in …

The paper examines empirically the proposition that aid to poor countries is detrimental for external competitiveness …, giving rise to Dutch disease type effects. At the aggregate level, aid is found to have a positive effect on growth of labour … sectors. The paper thus finds no empirical support for the hypothesis that aid reduces external competitiveness in developing …

The paper examines empirically the proposition that aid to poor countries is detrimental for external competitiveness …, giving rise to Dutch disease type effects. At the aggregate level, aid is found to have a positive effect on growth of labour … sectors. The paper thus finds no empirical support for the hypothesis that aid reduces external competitiveness in developing …