Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/19849
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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 theMillennium Development Goals (MDGs), aid effectiveness remains an important area ofdevelopment policy. An increasing number of studies support the notion that ODA cancontribute to growth in a nonlinear relationship. In this paper, we investigate a newhypothesis regarding this relationship: that deeper financial markets in aid-recipient countriesfacilitate the management of aid flows, thereby enhancing aid effectiveness. An empiricalanalysis, using a panel data set, finds robust support for the hypothesis.en_US
dc.language.isoengen_US
dc.relation.ispartofseries|aProceedings of the German Development Economics Conference, Berlin 2006 / Verein für Socialpolitik, Research Committee Development Economics |x23en_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-

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