cohesion on per-capita income growth in 34 African countries, focusing in particular on the interplay of aid and institutions … and the interplay of aid and social cohesion. The empirical results indicate that social cohesion enhances the growth … effects of aid but there is a threshold effect, suggesting that aid becomes effective in enhancing growth in countries with …

trade, and social cohesion affect growth in fragile states via direct and indirect mechanisms. The results indicate that …

This paper confirms recent evidence of a positive impact of aid on growth and widens the scope of evaluation to a range … of outcomes including proximate sources of growth (e.g., physical and human capital), indicators of social welfare (e … coherent and favorable pattern of results emerges. Aid has over the past forty years stimulated growth, promoted structural …

Controversy over the aggregate impact of foreign aid has focused on reduced form estimates of the aid-growth link. The … causal chain, through which aid affects developmental outcomes including growth, has received much less attention. We address … impacts on growth through key intermediate outcomes. A coherent picture emerges: aid stimulates growth and reduces poverty …

literature doubts the ability of foreign aid to foster economic growth and development. This paper assesses the aid-growth … a positive and statistically significant causal effect on growth over the long run, with confidence intervals conforming … to levels suggested by growth theory. Aid remains a key tool for enhancing the development prospects of poor countries. …

This paper is a contribution to the literature on aid and growth. Despite an extensive empirical literature in this … area, existing studies have not addressed directly the mechanisms via which aid should affect growth. We identify … consumption spending. With the use of residual generated regressors, we achieve a measure of the total effect of aid on growth …

for foreign aid. Using an endogenous growth version of the standard overlapping generations model, we show that aid can be … an effective policy tool in spurring growth in poor countries. This model also furnishes a theoretical foundation for the …-section based conclusions about the aid-growth link, are fully consistent with the positive evidence on aid effectiveness that …

effectiveness of development aid in promoting growth. We focus on whether aid promotes economic growth in transitional economies. We … find that aid, on average, has had a positive impact on growth for this specific group of countries. This result is robust … on good policy and there is little evidence of non-linear growth effects arising from aid. …

This paper confirms recent evidence of a positive impact of aid on growth and widens the scope of evaluation to a range … of outcomes including proximate sources of growth (e.g., physical and human capital), indicators of social welfare (e … coherent and favorable pattern of results emerges. Aid has over the past 40years stimulated growth, promoted structural change …