Ag??nor, Pierre-Richard; Bayraktar, Nihal El; Aynaoui, Karim - 2012
The authors develop a macroeconomic framework that captures links between aid, public investment, growth, and poverty …. Public investment is disaggregated into education, infrastructure, and health, and affects both aggregate supply and demand … simulate the changes in the allocation of aid and public investment. The authors also calculate the amount by which foreign aid …