Despite a long-standing controversy about aid-effectiveness in general and the impact of aid-dependency on governance …

developing countries from 1975-2005, the baseline results show that remittances actually increase aid dependency. However, a … refined model controlling for the channels of transmission from remittances to aid reveals that remittances lead to lower aid … dependency when they are invested in human and physical capital rather than consumed. …

aid dependency but followed two different paths in the subsequent four decades: where one sub-group of countries became … increasingly aid dependent while the other sub-group nearly exited aid-dependency. It then compares the trajectories of key … that the likelihood of exiting aid dependency increases with the rate of investment and the share of manufacturing in GDP …

aid dependency but followed two different paths in the subsequent four decades: where one sub-group of countries became … increasingly aid dependent while the other sub-group nearly exited aid-dependency. It then compares the trajectories of key … that the likelihood of exiting aid dependency increases with the rate of investment and the share of manufacturing in GDP …

aid dependency but followed two different paths in the subsequent four decades: where one sub-group of countries became … increasingly aid dependent while the other sub-group nearly exited aid-dependency. It then compares the trajectories of key … that the likelihood of exiting aid dependency increases with the rate of investment and the share of manufacturing in GDP …