Edited by B. Mak Arvin and Byron Lew
Chapter 21: On the heterogeneous impact of aid on growth: a review of the evidence
21 On the heterogeneous impact of aid on growth: a review of the evidence Lisa Chauvet 1 INTRODUCTION In theory, the impact of aid on growth is ambiguous. Aid is expected to fill the financing gap and relax the capital constraint – low saving and ...
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