Aid and growth : what does the cross-country evidence really show?
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The work Aid and growth : what does the cross-country evidence really show? represents a distinct intellectual or artistic creation found in University of San Diego Libraries. This resource is a combination of several types including: Work, Language Material, Books.
The Resource
Aid and growth : what does the cross-country evidence really show?
Resource Information
The work Aid and growth : what does the cross-country evidence really show? represents a distinct intellectual or artistic creation found in University of San Diego Libraries. This resource is a combination of several types including: Work, Language Material, Books.
- Label
- Aid and growth : what does the cross-country evidence really show?
- Title remainder
- what does the cross-country evidence really show?
- Statement of responsibility
- Raghuram G. Rajan and Arvind Subramanian
- Language
- eng
- Summary
- We examine the effects of aid on growth-- in cross-sectional and panel data--after correcting for the bias that aid typically goes to poorer countries, or to countries after poor performance. Even after this correction, we find little robust evidence of a positive (or negative) relationship between aid inflows into a country and its economic growth. We also find no evidence that aid works better in better policy or geographical environments, or that certain forms of aid work better than others. Our findings, which relate to the past, do not imply that aid cannot be beneficial in the future. But they do suggest that for aid to be effective in the future, the aid apparatus will have to be rethought. Our findings raise the question: what aspects of aid offset what ought to be the indisputable growth enhancing effects of resource transfers? Thus, our findings support efforts under way at national and international levels to understand and improve aid effectiveness
- Cataloging source
- E7B
- Government publication
- international or intergovernmental publication
- Illustrations
- illustrations
- Index
- no index present
- LC call number
- HC60
- LC item number
- .R25 2005 ONLINE
- Literary form
- non fiction
- Nature of contents
-
- dictionaries
- bibliography
- Series statement
- IMF Working Paper
- Series volume
- WP/05/127
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