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Can Aid Generate Growth in Africa?

  • Arne Bigsten
Chapter
Part of the Recent Economic Thought Series book series (RETH, volume 68)

Abstract

The objective of aid is to improve the standard of living of poor people. Long term, and sustainable welfare improvements require economic growth. The link between aid and growth is complex, so it has been difficult to measure the growth impact of aid. The problem is to measure the impact, while controlling for other factors that influence growth. However, there are some recent econometric analyses that deal quite effectively with the issue.

Keywords

Real Exchange Rate Recipient Country Domestic Saving African Economy Recurrent Cost 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Springer Science+Business Media New York 1999

Authors and Affiliations

  • Arne Bigsten

There are no affiliations available

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