Foreign Aid Policy and Sources of Poverty : A Quantitative Framework / Alex Mourmouras, Peter Rangazas.
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 t...
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Format: | eBook |
Language: | English |
Published: |
Washington, D.C. :
International Monetary Fund,
2006.
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Series: | IMF working paper ;
WP/2006/014. |