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Local Financial Development and the Aid-Growth Relationship

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dc.creator Sayek, Selin
dc.creator Nkusu, Mwanza
dc.date 2006
dc.date.accessioned 2013-10-16T07:07:05Z
dc.date.available 2013-10-16T07:07:05Z
dc.date.issued 2013-10-16
dc.identifier http://hdl.handle.net/10419/19849
dc.identifier ppn:517922185
dc.identifier RePEc:zbw:gdec06:4746
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/19849
dc.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.
dc.language eng
dc.publisher
dc.relation Proceedings of the German Development Economics Conference, Berlin 2006 / Verein für Socialpolitik, Research Committee Development Economics 23
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject I30
dc.subject O40
dc.subject F35
dc.subject O50
dc.subject ddc:330
dc.subject Foreign aid
dc.subject economic growth
dc.subject poverty
dc.subject and financial development
dc.title Local Financial Development and the Aid-Growth Relationship
dc.type doc-type:conferenceObject


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