Does Old-Fashioned Foreign Aid Still have a Place in the Twenty-First Century? Corroborative Evidence (Economics ARTICLES)
Journal of Economics and Economic Education Research 2003, May, 4, 2
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Publisher Description
ABSTRACT This study investigates the impact of foreign aid on the economic growth of recipients in less-developed countries. Using a sample of 81 of these countries over a ten-year period (1990-2000), this study reveals that foreign aid has a negative and insignificant impact on their economic growth.
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