This paper uses a new database on foreign aid to examine the relationships among foreign aid, economic policies, and growth per capita GDP. We find that aid has a positive impact on growth in developing countries with good fiscal, monetary, and trade policies but has little…
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Economics · Aid effectiveness · Per capita · Fiscal policy · Developing country · International economics · Macroeconomics · Monetary economics
# Aid, Policies, and Growth
> OpenAlex Metadata Hub · https://openalex.org/W3125364203
## Bibliographic
- **DOI:** 10.1257/aer.90.4.847
- **Year:** —
- **Citations:** 3701
- **Open Access:** No (closed)
- **License:** —
- **Source:** http://www.aeaweb.org/articles.php?doi=10.1257/aer.90.4.847
## Authors
- David Dollar
- Craig Burnside
## Abstract
This paper uses a new database on foreign aid to examine the relationships among foreign aid, economic policies, and growth per capita GDP. We find that aid has a positive impact on growth in developing countries with good fiscal, monetary, and trade policies but has little effect in the presence of poor policies. Good policies are ones that are themselves important for growth. The quality of policy has only a small impact on the allocation of aid. Our results suggest that aid would be more effective if it were more systematically conditioned on good policy.
## Keywords
Economics, Aid effectiveness, Per capita, Fiscal policy, Developing country, International economics, Macroeconomics, Monetary economics, Economic growth
## Concepts
- Economics
- Aid effectiveness
- Per capita
- Fiscal policy
- Developing country
- International economics
- Macroeconomics
- Monetary economics
- Economic growth
- Population
- Sociology
- Demography
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*Metadata only — full text not imported unless Open Access license permits.*
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Tóm lược học thuật (đã diễn giải): This paper uses a new database on foreign aid to examine the relationships among foreign aid, economic policies, and growth per capita GDP. We find that aid has a positive impact on growth in developing countries with good fiscal, monetary, and trade policies but has little effect in the presence of poor policies. Good policies are ones that are themselves important for growth. The quality of policy has only a small impact on the allocation of aid. Our results suggest that aid would be more effective if it were more systematically conditioned on good policy.
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1. This paper uses a new database on foreign aid to examine the relationships among foreign aid, economic policies, and growth per capita GDP.
2. We find that aid has a positive impact on growth in developing countries with good fiscal, monetary, and trade policies but has little effect in the presence of poor policies.
3. Good policies are ones that are themselves important for growth.
4. The quality of policy has only a small impact on the allocation of aid.
5. Our results suggest that aid would be more effective if it were more systematically conditioned on good policy.
Trader nên nối luận điểm policy/lãi suất trong tài liệu với bias trung hạn của USD và các cặp major — đặc biệt quanh FOMC / dữ liệu CPI.
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