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Erscheinungsjahr: 
2010
Schriftenreihe/Nr.: 
WIDER Working Paper No. 2010/96
Verlag: 
The United Nations University World Institute for Development Economics Research (UNU-WIDER), Helsinki
Zusammenfassung: 
The micro-macro paradox has been revived. Despite broadly positive evaluations at the micro and meso-levels, recent literature doubts the ability of foreign aid to foster economic growth and development. This paper assesses the aid-growth literature and, taking inspiration from the program evaluation literature, we re-examine key hypotheses. In our findings, aid has a positive and statistically significant causal effect on growth over the long run, with confidence intervals conforming to levels suggested by growth theory. Aid remains a key tool for enhancing the development prospects of poor countries.
Schlagwörter: 
foreign aid
growth
aid effectiveness
causal effects
JEL: 
O1
O4
F35
C21
ISBN: 
978-92-9230-334-1
Dokumentart: 
Working Paper

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