This paper surveys five decades of empirical research on the macroeconomic impact of aid,
looking mainly at studies examining the link between aid and growth. It argues that studies …

Understanding the development effects of official aid is crucial to building a better bridge
between research and policy. This paper reviews the current evidence regarding the impact …

More than a decade ago, the World Bank argued that “underlying the litany of Africa's
development problems is a crisis of governance.” 1 Poor quality institutions, weak rule of …

This paper examines the relationship between foreign aid and growth in real GDP per capita
as it emerges from simple augmentations of popular cross-country growth specifications. It is …

There is a widespread perception among academic researchers and aid practitioners alike
that empirical cross‐country analysis fails to find any significant link between aid flows and …

The recent literature contains many stories of how foreign aid affects economic growth. Aid
raises growth in countries with good policies, or with difficult economic environments, or …

This study provides a critical analysis of the growth regressions in Burnside and Dollar
[2000]. First, we analyse the relationship between aid and government expenditure in a …

This article contributes to the literature on aid and economic growth. We posit that
uncertainty, measured as the instability of aid receipts, will influence the relationship …

The World Bank report Assessing Aid assumes that an inflow of aid, above a certain level,
starts to have negative effects. In this analysis we empirically test this assumption. We find …

This book is concerned with the role and effectiveness of foreign aid in development. It is
part of a widespread and ongoing process of evaluations of past experience with foreign aid …