Foreign aid’s effectiveness in promoting economic growth remains mired in controversy.We examine the impact of the volatility of aid on economic growth, controlling for the level of aid. A four-year panel analysis is conducted encompassing 155 countries over the period 1966-2001. We find that once the volatility of aid is controlled for, aid has a positive impact on economic growth. Correspondingly, volatility of aid flows is found to be negatively related to growth. We found no significant link between investment and foreign aid, but a positive correlation between aid and consumption and a negative link between aid volatility and consumption. But our results also indicate that aid has become a source of volatility rather than insuring agai...
In previous papers we have argued that aid is likely to mitigate the negative effects of external sh...
In previous papers we have argued that aid is likely to mitigate the negative effects of external sh...
In previous papers we have argued that aid is likely to mitigate the negative effects of external sh...
Foreign aid’s effectiveness in promoting economic growth remains mired in controversy.We examine the...
In previous papers the authors have argued that aid is likely to mitigate the negative effects of ex...
International audienceA 2009.25 In previous papers the authors have argued that aid is likely to mit...
International audienceA 2009.25 In previous papers the authors have argued that aid is likely to mit...
International audienceA 2009.25 In previous papers the authors have argued that aid is likely to mit...
International audienceA 2009.25 In previous papers the authors have argued that aid is likely to mit...
In previous papers we have argued that aid is likely to mitigate the negative effects of external sh...
In previous papers we have argued that aid is likely to mitigate the negative effects of external sh...
In previous papers we have argued that aid is likely to mitigate the negative effects of external sh...
In previous papers we have argued that aid is likely to mitigate the negative effects of external sh...
In previous papers we have argued that aid is likely to mitigate the negative effects of external sh...
In previous papers we have argued that aid is likely to mitigate the negative effects of external sh...
In previous papers we have argued that aid is likely to mitigate the negative effects of external sh...
In previous papers we have argued that aid is likely to mitigate the negative effects of external sh...
In previous papers we have argued that aid is likely to mitigate the negative effects of external sh...
Foreign aid’s effectiveness in promoting economic growth remains mired in controversy.We examine the...
In previous papers the authors have argued that aid is likely to mitigate the negative effects of ex...
International audienceA 2009.25 In previous papers the authors have argued that aid is likely to mit...
International audienceA 2009.25 In previous papers the authors have argued that aid is likely to mit...
International audienceA 2009.25 In previous papers the authors have argued that aid is likely to mit...
International audienceA 2009.25 In previous papers the authors have argued that aid is likely to mit...
In previous papers we have argued that aid is likely to mitigate the negative effects of external sh...
In previous papers we have argued that aid is likely to mitigate the negative effects of external sh...
In previous papers we have argued that aid is likely to mitigate the negative effects of external sh...
In previous papers we have argued that aid is likely to mitigate the negative effects of external sh...
In previous papers we have argued that aid is likely to mitigate the negative effects of external sh...
In previous papers we have argued that aid is likely to mitigate the negative effects of external sh...
In previous papers we have argued that aid is likely to mitigate the negative effects of external sh...
In previous papers we have argued that aid is likely to mitigate the negative effects of external sh...
In previous papers we have argued that aid is likely to mitigate the negative effects of external sh...
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