Konferenzbeitrag
Local Financial Development and the Aid-Growth Relationship
With official development assistance (ODA) set to rise as countries strive to meet the Millennium Development Goals (MDGs), aid effectiveness remains an important area of development policy. An increasing number of studies support the notion that ODA can contribute to growth in a nonlinear relationship. In this paper, we investigate a new hypothesis regarding this relationship: that deeper financial markets in aid-recipient countries facilitate the management of aid flows, thereby enhancing aid effectiveness. An empirical analysis, using a panel data set, finds robust support for the hypothesis.
- Language
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Englisch
- Bibliographic citation
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Series: Proceedings of the German Development Economics Conference, Berlin 2006 ; No. 23
- Classification
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Wirtschaft
Welfare, Well-Being, and Poverty: General
Economic Growth and Aggregate Productivity: General
Foreign Aid
Economywide Country Studies: General
- Subject
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Foreign aid
economic growth
poverty
financial development
- Event
-
Geistige Schöpfung
- (who)
-
Sayek, Selin
Nkusu, Mwanza
- Event
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Veröffentlichung
- (who)
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Verein für Socialpolitik, Ausschuss für Entwicklungsländer
- (where)
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Hannover
- (when)
-
2006
- Handle
- Last update
-
10.03.2025, 11:43 AM CET
Data provider
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ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Konferenzbeitrag
Associated
- Sayek, Selin
- Nkusu, Mwanza
- Verein für Socialpolitik, Ausschuss für Entwicklungsländer
Time of origin
- 2006
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