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• W2028009670 abstract "Abstract In this paper, we develop a growth model in which aid finances infrastructure investment and pro-poor spending in order to analyze ways through which aid can be made more effective. We assume that the recipient countries are aid-dependent in the early phase of development and that they ultimately become independent. In the model, donors can accelerate a recipient's independence from aid by investing in infrastructure. We demonstrate that even a small increase in aid can improve aid effectiveness and that aid effectiveness depends more on the growth rate than on the efficiency of the government." @default.
• W2028009670 created "2016-06-24" @default.
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• W2028009670 date "2012-03-01" @default.
• W2028009670 modified "2023-10-13" @default.
• W2028009670 title "Aid effectiveness, governance and public investment" @default.
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• W2028009670 doi "https://doi.org/10.1016/j.econmod.2011.12.009" @default.
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