What Undermines Aid's Impact on Growth? /

We examine one of the most important and intriguing puzzles in economics: why it is so hard to find a robust effect of aid on the long-term growth of poor countries, even those with good policies. We look for a possible offset to the beneficial effects of aid, using a methodology that exploits both...

Full description

Bibliographic Details
Main Author: Subramanian, Arvind
Other Authors: Rajan, Raghuram
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2005.
Series:IMF Working Papers; Working Paper ; No. 2005/126
Online Access:Full text available on IMF