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- W796661846 abstract "On the question of whether aid stimulates GDP growth, the profession provides inconclusive and often contradictory findings. While waiting for a stronger consensus, this paper analyzes the direct effect of aid on other non-monetary dimensions of development. I construct an index of social and human development similar to the UNDPi¯s human development index but which differs from it by excluding per capita GDP. Using both non-parametric and parametric methods, I find a negative relationship between aid and social development. After controlling for per capita income, the econometric analysis suggests that higher dependence on foreign aid worsens social and human development." @default.
- W796661846 created "2016-06-24" @default.
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- W796661846 date "2014-12-01" @default.
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- W796661846 title "FOREIGN AID AND DEVELOPMENT: LOOKING BEYOND THE GROWTH EFFECT" @default.
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- W796661846 doi "https://doi.org/10.35866/caujed.2014.39.4.005" @default.
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