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We argue that donors could improve the effectiveness of foreign aid by pursuing complementary and coherent non-aid policies. In particular, we hypothesize that aid from donors that are open to immigration has stronger growth effects than aid from closed donors. We estimate the aid-growth nexus...
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capture resource-based transmission of culture. Third, overall remittances send from the donor countries are used as proxy for … recipient countries, and, last but not least, (c) larger remittances sent from donor countries strengthen the growth effects of …
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undermine the effect of Foreign Direct Investment (FDI), official development assistance (ODA) and migrants' remittances on … economic expansion. Based on neoclassical growth framework, the theoretical model indicates that FDI, ODA, and remittances …
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