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http://dspace.mediu.edu.my:8181/xmlui/handle/10419/19849| Title: | Local Financial Development and the Aid-Growth Relationship |
| Keywords: | I30 O40 F35 O50 ddc:330 Foreign aid economic growth poverty and financial development |
| Issue Date: | 16-Oct-2013 |
| Publisher: | |
| Description: | With official development assistance (ODA) set to rise as countries strive to meet the Millennium Development Goals (MDGs), aid effectiveness remains an important area of development policy. An increasing number of studies support the notion that ODA can contribute to growth in a nonlinear relationship. In this paper, we investigate a new hypothesis regarding this relationship: that deeper financial markets in aid-recipient countries facilitate the management of aid flows, thereby enhancing aid effectiveness. An empirical analysis, using a panel data set, finds robust support for the hypothesis. |
| URI: | http://koha.mediu.edu.my:8181/xmlui/handle/10419/19849 |
| Other Identifiers: | http://hdl.handle.net/10419/19849 ppn:517922185 RePEc:zbw:gdec06:4746 |
| Appears in Collections: | EconStor |
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