Are there Negative Returns to Aid? : A Comment /

Amid controversies surrounding aid effectiveness, an increasing number of empirical studies find support for the idea that aid can spur growth and that the aid-growth relationship is nonlinear. Lensink and White propose a model to illustrate the possible existence of what has been labeled an "a...

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Bibliographic Details
Main Author: Nkusu, Mwanza
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2004.
Series:IMF Working Papers; Working Paper ; No. 2004/212
Subjects:
Online Access:Full text available on IMF
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520 3 |a Amid controversies surrounding aid effectiveness, an increasing number of empirical studies find support for the idea that aid can spur growth and that the aid-growth relationship is nonlinear. Lensink and White propose a model to illustrate the possible existence of what has been labeled an "aid Laffer curve." This short paper highlights the model's weaknesses and suggests that the model does not fulfill the purpose of illustrating the possible existence of negative returns to aid. 
538 |a Mode of access: Internet 
650 7 |a Decreasing Returns  |2 imf 
650 7 |a Economic Growth and Aggregate Productivity  |2 imf 
650 7 |a Foreign Aid  |2 imf 
650 7 |a Welfare, Well-Being, and Poverty  |2 imf 
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