Arbeitspapier
Aid, growth, and development: Have we come full circle?
The micro-macro paradox has been revived. Despite broadly positive evaluations at the micro and meso-levels, recent literature doubts the ability of foreign aid to foster economic growth and development. This paper assesses the aid-growth literature and, taking inspiration from the program evaluation literature, we re-examine key hypotheses. In our findings, aid has a positive and statistically significant causal effect on growth over the long run, with confidence intervals conforming to levels suggested by growth theory. Aid remains a key tool for enhancing the development prospects of poor countries.
- ISBN
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978-92-9230-334-1
- Language
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Englisch
- Bibliographic citation
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Series: WIDER Working Paper ; No. 2010/96
- Classification
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Wirtschaft
Foreign Aid
Single Equation Models; Single Variables: Cross-Sectional Models; Spatial Models; Treatment Effect Models; Quantile Regressions
- Subject
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foreign aid
growth
aid effectiveness
causal effects
- Event
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Geistige Schöpfung
- (who)
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Arndt, Channing
Jones, Sam
Tarp, Finn
- Event
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Veröffentlichung
- (who)
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The United Nations University World Institute for Development Economics Research (UNU-WIDER)
- (where)
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Helsinki
- (when)
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2010
- Handle
- Last update
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10.03.2025, 11:44 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Arndt, Channing
- Jones, Sam
- Tarp, Finn
- The United Nations University World Institute for Development Economics Research (UNU-WIDER)
Time of origin
- 2010