Aid, Growth, and Development: Have We Come Full Circle?
Publikation: Working paper › Forskning
Dokumenter
- WIDER WP 10/96
Indsendt manuskript, 223 KB, PDF-dokument
The micro-macro paradox has been revived. Despite broadly positive evaluations at the micro and meso-levels, recent literature doubts the ability of foreign aid to foster economic growth and development. This paper assesses the aid-growth literature and, taking inspiration from the program evaluation literature, we re-examine key hypotheses. In our findings, aid has 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.
Originalsprog | Engelsk |
---|---|
Udgivelsessted | Helsinki |
Udgiver | UNU-WIDER |
Antal sider | 36 |
ISBN (Elektronisk) | 978292303341 |
Status | Udgivet - 2010 |
Bibliografisk note
JEL classification: O1, O4, F35, C21
- Det Samfundsvidenskabelige Fakultet
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