Aid, Shocks, and Growth.
Not surprisingly, extreme negative export price shocks reduce growth. But these adverse effects can be mitigated through offsetting increases in aid. Indeed, targeting aid to countries experiencing negative shocks appears to be even more important for aid effectiveness than targeting aid to countrie...
| Main Authors: | , |
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| Format: | Working paper |
| Language: | English |
| Published: |
World Bank
2001
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