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We examine the effects of aid on the growth of manufacturing, using a methodology that exploits the variation within … countries and across manufacturing sectors, and corrects for possible reverse causality. We find that aid inflows have … systematic adverse effects on a country's competitiveness, as reflected in the lower relative growth rate of exportable …
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that mineral and oil wealth often represents a curse rather than a blessing, inducing slower growth and higher levels of … poverty. Many resource rich countries have high poverty rates and are among recipients of international aid. This paper looks … donors. Aid, in the traditional sense, is not the solution to the resource curse. Once the natural resource revenues have …
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The available evidence on the effects of aid on growth is notoriously mixed. We use a novel empirical methodology, a …, imports, and per capita GDP growth to a global aid shock (the common component of individual country aid-to-GDP ratios). We … find that the estimated cumulative resposive of exports and per capita GDP growth to a global aid shock are strongly …
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This paper reviews the determinants of Latin America's uneven growth based on an accounting decomposition that breaks … down countries' growth (relative to the world) into three trade-related channels: (i) an export pull measuring the traction … brings to light three regional growth dynamics: the first is centered on commodities and South America, the second on …
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