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Publications (4)
– a Fresh Look
Donor countries are currently scaling up their aid programmes in response to strategies proposed through the Millennium Development Goals. Recent positive research on the impact of foreign development aid has led to increased expectations on the part of donor countries. Research suggests that per...
Working Paper
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– 50 Years of Controversy Over the Macroeconomic Impact of Development Aid
This paper surveys 50 years of empirical research on the macroeconomic impact of aid, looking mainly at studies examining the link between aid and growth. It argues that studies dating until the late 1990s produced either contradictory or inconclusive results. Aid either worked, or it didn’t...
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