This paper considers whether Africa can absorb a doubling of aid. If oil revenues provide a "natural experiment" the results are disappointing: far from being transformational, they have been markedly less successful than aid. One implication is that the delivery modalities of aid, though heavily criticized, have substantially added value: the paper discusses which modalities may have been most useful. Unfortunately, aid appears to be subject to diminishing returns, so that doubling aid through conventional modalities would not double its impact. The paper concludes by considering innovations in aid modalities, which might offset diminishing returns
The paper discusses the impact of foreign aid on economic growth in Africa. After brief discussion a...
Donor countries have committed themselves to increase aid to developing countries by 60 percent over...
Increasing tax revenues in low income countries is essential to address future development finance r...
In spite of the best of intentions, trillions of dollars in Western overseas aid have failed to pull...
International audienceThis paper investigates whether African countries have coordinated fiscal and ...
We address the poverty trap rationale for aid to Africa. We calibrate models that embody typical exp...
Natural resources are being discovered in more countries, both rich and poor. Many of the new and as...
Recently, Sachs et al. (2004) have argued in favor of a massive increase in foreign aid to Africa in...
Donor countries have committed themselves to increase aid to developing countries by 60 percent over...
While the last half century gave rise to over a dozen developing nations whose economic expansion su...
There has been continuous and inconclusive debate on the role and impact of foreign aid in Africa’s ...
The effectiveness of the aid programs in developing countries have been questioned by development sc...
The widespread belief across the globe and across religions that the rich should help the poor throu...
Every year, tens of billions of dollars are transferred as foreign aid to so-called developing count...
Significant ambiguity surrounds the magnitude and sign of the effect of foreign aid on economic grow...
The paper discusses the impact of foreign aid on economic growth in Africa. After brief discussion a...
Donor countries have committed themselves to increase aid to developing countries by 60 percent over...
Increasing tax revenues in low income countries is essential to address future development finance r...
In spite of the best of intentions, trillions of dollars in Western overseas aid have failed to pull...
International audienceThis paper investigates whether African countries have coordinated fiscal and ...
We address the poverty trap rationale for aid to Africa. We calibrate models that embody typical exp...
Natural resources are being discovered in more countries, both rich and poor. Many of the new and as...
Recently, Sachs et al. (2004) have argued in favor of a massive increase in foreign aid to Africa in...
Donor countries have committed themselves to increase aid to developing countries by 60 percent over...
While the last half century gave rise to over a dozen developing nations whose economic expansion su...
There has been continuous and inconclusive debate on the role and impact of foreign aid in Africa’s ...
The effectiveness of the aid programs in developing countries have been questioned by development sc...
The widespread belief across the globe and across religions that the rich should help the poor throu...
Every year, tens of billions of dollars are transferred as foreign aid to so-called developing count...
Significant ambiguity surrounds the magnitude and sign of the effect of foreign aid on economic grow...
The paper discusses the impact of foreign aid on economic growth in Africa. After brief discussion a...
Donor countries have committed themselves to increase aid to developing countries by 60 percent over...
Increasing tax revenues in low income countries is essential to address future development finance r...