Publication
Sep 2006
This paper addresses the question whether foreign aid promotes economic growth in developing countries. The authors assess what can reasonably be expected from aid efforts and differentiate between major aid categories, including grants, loans and so-called short-impact aid. They find that short-impact aid is more effective and reject the view that grants are superior to loans.
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English (PDF, 26 pages, 742 KB) |
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Author | Jonas Dovern, Peter Nunnenkamp |
Series | Kiel Institute Working Papers |
Issue | 1296 |
Publisher | Kiel Institute for the World Economy |
Copyright | © 2006 Kiel Institute for the World Economy |