Aid Effectiveness Disputed
Henrik Hansen () and
Finn Tarp ()
MPRA Paper from University Library of Munich, Germany
There is a widespread perception among academic researchers and aid practitioners alike that empirical cross-country analysis fails to find any significant link between aid flows and growth, and that aid is successful only when associated with good policies in the recipient countries. These positions do not stand up to careful scrutiny of existing studies. In this paper, we offer a re-examination of the literature on the aid-savings, aid-investment, and aid growth relationships, and a comparative appraisal of more recent research contributions. Using an analytic framework for evaluating the empirical work, a coherent and positive picture of the aid-growth link emerges. Aid works, even in countries hampered by an unfavorable policy environment.
Keywords: Aid; Cross-Country Output; growth (search for similar items in EconPapers)
JEL-codes: F35 P45 (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (210) Track citations by RSS feed
Downloads: (external link)
https://mpra.ub.uni-muenchen.de/62290/1/MPRA_paper_62290.pdf original version (application/pdf)
Journal Article: Aid effectiveness disputed (2000)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:62290
Access Statistics for this paper
More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().