In recent years, academic studies have been converging towards the view that foreign aid promotes aggregate economic growth. The authors employ a simulation approach to: (i) validate the coherence of empirical aid-growth studies published since 2008; and (ii) calculate plausible ranges for the rate of return to aid. Their results highlight the long run nature of aid-financed investments and the importance of channels other than accumulation of physical...
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INFORMATION
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2015/07/28
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Article de revue
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129205
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1
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1
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2018/08/03
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Disclosed
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What is the aggregate economic rate of return to foreign aid?
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Internal rate of return
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