In recent years, academic studies have been converging towards the view that foreign aid promotes aggregate economic growth. The authors employ a simulation approach to: (i) validate the coherence of empirical aid-growth studies published since 2008; and (ii) calculate plausible ranges for the rate of return to aid. Their results highlight the long run nature of aid-financed investments and the importance of channels other than accumulation of physical...
انظر المزيد
تفاصيل
-
2015/7/28
-
مقال بمجلة علمية
-
129205
-
1
-
1
-
2018/8/03
-
Disclosed
-
What is the aggregate economic rate of return to foreign aid?
-
Internal rate of return