Aid, Investment and Incentives

Abstract

Promoting productive investment and economic growth are among the key objectives of most aid organizations operating in poor countries. However, it is not possible to conclude from existing empirical evidence that aid contributes positively to growth. In this paper it is shown that those rather negative results may be explained by important incentive problems built into the aid system itself. The recipient countries' own efforts to contribute to investment and growth may, in reality, be undermined and the result may be aid dependency.

Cite this work

No public copy is stored for this record, so only the metadata is cited.

Stored only when both papers are in the corpus — 122 citations exist upstream.

Papers that cite the same references — the relational fallback while embeddings are still backfilling.