Foreign aid and private investment in de
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Donald W. Snyder
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Article
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1996
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John Wiley and Sons
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English
β 652 KB
The effect of aid on private-sector investment has long been a matter of debate. Many economists have taken the position that aid stimulates private investment in LDCs by filling macroeconomic savings or foreign-exchange gaps. Others have countered that aid has a negative effect on private investmen