What Undermines Aid’s Impact on Growth?

Raghuram Rajan and Arvind Subramanian

Working Papers from eSocialSciences

Abstract: Why it is so hard to find a robust effect of aid on the long-term growth of poor countries, even those with good policies. A possible offset to the beneficial effects of aid is examined using a methodology that exploits both cross-country and within-country variation.

Keywords: long-term; growth; poor countries; policies; exploits; cross-country variation; impact; competitiveness; exchange rate; economics (search for similar items in EconPapers)
Date: 2014-10
Note: Institutional Papers
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