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literature has turned decidedly pessimistic with respect to the ability of foreign aid to foster economic growth. Policy … assesses the aid-growth literature with a focus on recent contributions. The aid-growth literature is then framed, for the … and statistically significant causal effect on growth over the long run with point estimates at levels suggested by growth …
Persistent link: https://www.econbiz.de/10010323535
literature doubts the ability of foreign aid to foster economic growth and development. This paper assesses the aid-growth … a positive and statistically significant causal effect on growth over the long run, with confidence intervals conforming … to levels suggested by growth theory. Aid remains a key tool for enhancing the development prospects of poor countries. …
Persistent link: https://www.econbiz.de/10010280159
literature doubts the ability of foreign aid to foster economic growth and development. This paper assesses the aid-growth … a positive and statistically significant causal effect on growth over the long run, with confidence intervals conforming … to levels suggested by growth theory. Aid remains a key tool for enhancing the development prospects of poor countries …
Persistent link: https://www.econbiz.de/10008663071
literature has turned decidedly pessimistic with respect to the ability of foreign aid to foster economic growth. Policy … assesses the aid-growth literature with a focus on recent contributions. The aid-growth literature is then framed, for the … and statistically significant causal effect on growth over the long run with point estimates at levels suggested by growth …
Persistent link: https://www.econbiz.de/10003940407
literature has turned decidedly pessimistic with respect to the ability of foreign aid to foster economic growth. Policy … assesses the aid-growth literature with a focus on recent contributions. The aid-growth literature is then framed, for the … and statistically significant causal effect on growth over the long run with point estimates at levels suggested by growth …
Persistent link: https://www.econbiz.de/10013155524
literature has turned decidedly pessimistic with respect to the ability of foreign aid to foster economic growth. Policy … assesses the aid-growth literature with a focus on recent contributions. The aid-growth literature is then framed, for the … and statistically significant causal effect on growth over the long run with point estimates at levels suggested by growth …
Persistent link: https://www.econbiz.de/10013043432
This paper confirms recent evidence of a positive impact of aid on growth and widens the scope of evaluation to a range … of outcomes including proximate sources of growth (e.g., physical and human capital), indicators of social welfare (e … coherent and favorable pattern of results emerges. Aid has over the past forty years stimulated growth, promoted structural …
Persistent link: https://www.econbiz.de/10009767897
This paper confirms recent evidence of a positive impact of aid on growth and widens the scope of evaluation to a range … of outcomes including proximate sources of growth (e.g., physical and human capital), indicators of social welfare (e … coherent and favorable pattern of results emerges. Aid has over the past forty years stimulated growth, promoted structural …
Persistent link: https://www.econbiz.de/10010319903
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 …
Persistent link: https://www.econbiz.de/10010280094
This paper presents a group of models showing the strikingly different implications of foreign aid to the private sector and public sector. In the first model, with decentralized decision-making and without optimal choices of fiscal policies on behalf of the government, foreign aid to the...
Persistent link: https://www.econbiz.de/10009207443