Why Do Some Countries Manage to Extract Growth from Foreign Aid?

Why Do Some Countries Manage to Extract Growth from Foreign Aid?
Aid is primarily given to governments whereas the engine of sustained growth is the private sector. It is therefore illusory to investigate the impact of aid on growth without considering the impact of government interventions on the private sector. The model shows how these interventions improve capacity utilization and growth. However,... READ MORE...

Publication date: March 2005
ISBN 9781451860726
$15.00

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