A blog on all things to do with economics and related subjects
Saturday, 21 May 2011
Aid and growth in the least developed countries
Foreign aid has a significant positive effect on real per capita GDP growth in the least developed countries if account is taken of the quantitatively large and negative reverse effect of GDP growth on foreign aid. That is the conclusion of research by Markus Bruckner of the University of Adelaide, which he discussed with Romesh Vaitilingam in this audio of an interview from VoxEU.org.