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dc.contributor.authorSayek, Selinen_US
dc.contributor.authorNkusu, Mwanzaen_US
dc.date.accessioned2009-01-28T16:08:00Z-
dc.date.available2009-01-28T16:08:00Z-
dc.date.issued2006en_US
dc.identifier.urihttp://hdl.handle.net/10419/19849-
dc.description.abstractWith 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.en_US
dc.language.isoengen_US
dc.relation.ispartofseriesProceedings of the German Development Economics Conference, Berlin 2006 / Verein für Socialpolitik, Research Committee Development Economics 23en_US
dc.subject.jelI30en_US
dc.subject.jelO40en_US
dc.subject.jelF35en_US
dc.subject.jelO50en_US
dc.subject.ddc330en_US
dc.subject.keywordForeign aiden_US
dc.subject.keywordeconomic growthen_US
dc.subject.keywordpovertyen_US
dc.subject.keywordfinancial developmenten_US
dc.titleLocal Financial Development and the Aid-Growth Relationshipen_US
dc.typeConference Paperen_US
dc.identifier.ppn517922185en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
dc.identifier.repecRePEc:zbw:gdec06:4746-
Appears in Collections:Proceedings of the German Development Economics Conference, 2006 (Berlin)

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