Journal Article
The Long-Run Impact of Foreign Aid in 36 African Countries
The authors comprehensively analyse the long-run effect of foreign aid (ODA) on key macroeconomic variables in 36 sub-Saharan African countries from the mid-1960s to 2007, using a well-specified co-integrated VAR model as statistical benchmark...
Research Brief
Aid Effectiveness in 36 African Countries
The question of whether aid is effective in promoting growth is a controversial one. Views range from those who are highly skeptical that aid has any effect on growth at all, to those who believe that aid can play a significant role in promoting...
Working Paper
The Long-Run Impact of Foreign Aid in 36 African Countries
Studies of aid effectiveness abound in the literature, often with opposing conclusions. Since most time-series studies use data from the exact same publicly available data bases, our claim here is that such differences in results must be due to the...