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dc.contributor.authorSayek, Selinen
dc.contributor.authorNkusu, Mwanzaen
dc.date.accessioned2009-01-28T16:08:00Z-
dc.date.available2009-01-28T16:08:00Z-
dc.date.issued2006-
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
dc.language.isoengen
dc.publisher|aVerein für Socialpolitik, Ausschuss für Entwicklungsländer |cHannoveren
dc.relation.ispartofseries|aProceedings of the German Development Economics Conference, Berlin 2006 |x23en
dc.subject.jelI30en
dc.subject.jelO40en
dc.subject.jelF35en
dc.subject.jelO50en
dc.subject.ddc330en
dc.subject.keywordForeign aiden
dc.subject.keywordeconomic growthen
dc.subject.keywordpovertyen
dc.subject.keywordfinancial developmenten
dc.titleLocal Financial Development and the Aid-Growth Relationship-
dc.typeConference Paperen
dc.identifier.ppn517922185en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen
dc.identifier.repecRePEc:zbw:gdec06:4746en

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