Foreign Aid Policy and Sources of Poverty : A Quantitative Framework

A Quantitative Framework

Foreign Aid Policy and Sources of Poverty : A Quantitative Framework
The econometric literature has been unable to establish a robust association between foreign aid and growth and poverty reduction. In this paper we argue that aid effectiveness must be assessed using methods that go beyond cross-country regressions. We calibrate a dynamic general equilibrium model that is capable of generating large income gaps... READ MORE...

Publication date: January 2006
ISBN 9781451862744
$15.00

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