Does aid mitigate external shocks?

Does aid mitigate external shocks?

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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...

Bibliografski detalji
Glavni autori:	Collier, P, Goderis, B
Format:	Working paper
Jezik:	English
Izdano:	Centre for the Study of African Economies 2007
Teme:	Development economics JEL: O13 JEL: F35 JEL: O47 Macro and international economics

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