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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 this gap by: (i) specifying a structural model of...
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Can cash transfers promote employment and reduce poverty in rural Africa? Will lower youth unemployment and poverty … study. These results suggest that increasing access to credit and capital could stimulate employment growth in rural Africa …
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