ZIESEMER, THOMAS H. W. - In: Journal of International Commerce, Economics and Policy … 02 (2011) 01, pp. 121-137
The literature on the effects of aid and remittances as a share of GDP on growth of the GDP per capita has placed much … emphasis on growth regressions thereby emphasising only the direct effects on growth. In order to get the total effect one has … dynamic system and run a baseline simulation. We compare several scenarios — doubling aid, cutting remittances to half, and …