Does Aid Mitigate External Shocks?

The authors investigate 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, they find that negative shocks matter for short-term growth, while the ex ante risk of shocks does not seem to m...

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Manylion Llyfryddiaeth
Prif Awduron: Collier, P, Goderis, B
Fformat: Journal article
Iaith:English
Cyhoeddwyd: Blackwell Publishing 2009

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