Aid and Growth : What Does the Cross-Country Evidence Really Show? /

We examine the effects of aid on growth-- in cross-sectional and panel data--after correcting for the bias that aid typically goes to poorer countries, or to countries after poor performance. Even after this correction, we find little robust evidence of a positive (or negative) relationship between...

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Bibliographic Details
Main Author: Rajan, Raghuram
Other Authors: Subramanian, Arvind
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2005.
Series:IMF Working Papers; Working Paper ; No. 2005/127
Online Access:Full text available on IMF