Foreign Aid and Recurrent Cost: Donor Competition, Aid Proliferation, and Budget Support

Recent empirical studies reveal that effectiveness of aid on growth is ambiguous. The authors consider aid proliferation—excess aid investment relative to recurrent cost—as a potential cause that undermines aid effectiveness, because aid projects can only produce sustainable benefits when sufficient...

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Veröffentlicht in:Review of development economics 2009-05, Vol.13 (2), p.276-287
Hauptverfasser: Arimoto, Yutaka, Kono, Hisaki
Format: Artikel
Sprache:eng
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