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Development and economic growth: the effectiveness of traditional policies

Gabriella Berloffa, Giuseppe Folloni () and Ilaria Schnyder

No 909, Department of Economics Working Papers from Department of Economics, University of Trento, Italia

Abstract: The empirical evidence of low effectiveness for growth of investment in physical and human capital policies based on international aid is analyzed and discussed (� 1 and 2). Reasons are linked both to limits of analytical and econometric methods (� 4) and the existence of strong complementarities between different dimensions of macroeconomic, social and institutional context (� 3). We critically discuss the new strategies proposed to gain effectiveness in development projects and policies.

Keywords: Aid Effectiveness; Growth Policies; Institutions; Development (search for similar items in EconPapers)
Date: 2009
New Economics Papers: this item is included in nep-dev and nep-fdg
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