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...

وصف كامل

التفاصيل البيبلوغرافية
المؤلفون الرئيسيون: Collier, P, Goderis, B
التنسيق: Working paper
اللغة:English
منشور في: Centre for the Study of African Economies 2007
الموضوعات: