## Abstract Accompanying the call for increased evidenceβbased policy the developed world is implementing more longitudinal panel studies which periodically gather information about the same people over a number of years. Panel studies distinguish between transitory and persistent states (e.g. pove
Public and Private Investment and The Growth Process in Developing Countries
β Scribed by Mohsin S. Khan; Manmohan S. Kumar
- Book ID
- 108554530
- Publisher
- John Wiley and Sons
- Year
- 1997
- Tongue
- English
- Weight
- 157 KB
- Volume
- 59
- Category
- Article
- ISSN
- 0140-5543
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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
## Abstract This paper analyses the relationship between public sector borrowing and foreign development aid. It is concerned specifically with the public sector borrowing requirement net of aid, questioning the assumption that aid and this type of borrowing are substitutes for one another. After l