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July 2000 - Poverty in the developing world will decline by roughly half by 2015 if current growth trends and policies … volumes of aid-that point the way to how the world could cut poverty in half in every major region. The fact that aid … world is not operating on the efficiency frontier. With the same level of concern, much more poverty reduction could be …
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, while the ex ante risk of shocks does not seem to matter. We also find that both the level of aid and the flexibility of the …
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