Aid Effectiveness : A Survey of the Recent Empirical Literature /

The preponderance of evidence from the empirical literature on aid effectiveness suggests that development aid has not had a significant impact on growth in recipient countries. However, there is some evidence that aid has had positive effects when the policy environment has been conducive to growth...

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Bibliographic Details
Main Author: Tsikata, Tsidi
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1998.
Series:IMF Policy Discussion Papers; Policy Discussion Paper ; No. 1998/001
Online Access:Full text available on IMF
Description
Summary:The preponderance of evidence from the empirical literature on aid effectiveness suggests that development aid has not had a significant impact on growth in recipient countries. However, there is some evidence that aid has had positive effects when the policy environment has been conducive to growth. Regarding the relationship between aid and the main channels through which its impact on growth could flow-investment and domestic saving-the evidence is mixed, with some indication that aid has had a positive impact where adjustment efforts have been sustained.
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Physical Description:1 online resource (32 pages)
Format:Mode of access: Internet
ISSN:1934-7456
Access:Electronic access restricted to authorized BRAC University faculty, staff and students