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Long-term Growth Perspectives and Economic Convergence of CEE and SEE Countries

โœ Scribed by Gianluca Salsecci; Antonio Pesce


Publisher
Springer
Year
2008
Tongue
English
Weight
377 KB
Volume
15
Category
Article
ISSN
1614-4007

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Foreign aid and long-run economic growth
โœ Georgios Karras ๐Ÿ“‚ Article ๐Ÿ“… 2005 ๐Ÿ› John Wiley and Sons ๐ŸŒ English โš– 122 KB ๐Ÿ‘ 1 views

This paper investigates the relationship between foreign aid and growth in per capita GDP using annual data from the 1960 to 1997 period for a sample of 71 aid-receiving developing economies. The results show that the effect of foreign aid on economic growth is positive, permanent, statistically sig