Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/19849
Year of Publication: 
2006
Series/Report no.: 
Proceedings of the German Development Economics Conference, Berlin 2006 No. 23
Publisher: 
Verein für Socialpolitik, Ausschuss für Entwicklungsländer, Hannover
Abstract: 
With 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.
Subjects: 
Foreign aid
economic growth
poverty
financial development
JEL: 
I30
O40
F35
O50
Document Type: 
Conference Paper

Files in This Item:
File
Size
395.31 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.