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 …

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 …

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 …

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 40years stimulated growth, promoted structural change …

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 …

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 …

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. …