外援的宏观经济效应综述(PDF 28页)
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外援的宏观经济效应综述(PDF 28页)内容简介
Abstract
Research on the macroeconomic effects of aid has expanded rapidly in recent years. In
this paper, we provide a survey of this literature. We start by reviewing some theoretical
models that suggest a positive impact of aid on investment and growth. We then
discuss the empirical evidence, giving particular attention to the role of institutions and
policies in determining aid effectiveness. As a general conclusion, we suggest adopting
a more disaggregate perspective with respect both to different types of aid and to various
aspects of governance.
Keywords
foreign aid, economic growth, institutions, governance
..............................
Research on the macroeconomic effects of aid has expanded rapidly in recent years. In
this paper, we provide a survey of this literature. We start by reviewing some theoretical
models that suggest a positive impact of aid on investment and growth. We then
discuss the empirical evidence, giving particular attention to the role of institutions and
policies in determining aid effectiveness. As a general conclusion, we suggest adopting
a more disaggregate perspective with respect both to different types of aid and to various
aspects of governance.
Keywords
foreign aid, economic growth, institutions, governance
..............................
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