Does Aid Mitigate External Shocks?

This paper investigates the role of aid in mitigating the adverse effects of commodity export price shocks on growth in commodity-dependent countries. Using a large cross-country dataset, we find that negative shocks matter for short-term growth, while the ex ante risk of shocks does not seem to mat...

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Bibliografische gegevens
Hoofdauteurs: Collier, P, Goderis, B
Formaat: Working paper
Taal:English
Gepubliceerd in: OxCarre 2008