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 …

The typical identification strategy in aid effectiveness studies assumes donor motives do not influence the impact of … aid on growth. We call this homogeneity assumption into question, first constructing a model in which donor motives matter …

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 …

This paper surveys recent research on aid and growth. It also provides an overview of research on inter-recipient aid … allocation. The overall focus of the paper is on the relevance of these issues for poverty-efficient aid, defined as a pattern of … inter-recipient aid allocation which maximises poverty reduction. It identifies a range of povertyreducing criteria on which …

This study provides an analysis of the aid-private capital flows-growth nexus for Ghana. It is premised on the argument … how aid can be used as to reinforce the country's growth in a way that reduces its chances of being a victim of the 'oil … primary products. Second, it notes that revenue from oil can at best replace foreign aid in the long run. However in the short …

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