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Aid, shocks, and growth

Author: Paul Collier; Jan Dehn; World Bank Development Research Group Office of the Director.
Publisher: Washington, D.C : World Bank, Development Research Group, Office of the Director, 2001.
Series: Policy research working paper, 2688; World Bank E-Library Archive
Edition/Format:   Computer file : EnglishView all editions and formats
Summary:
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 countries with good policies.
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Material Type: Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Paul Collier; Jan Dehn; World Bank Development Research Group Office of the Director.
OCLC Number: 874229264
Description: 1 online resource.
Series Title: Policy research working paper, 2688; World Bank E-Library Archive
Responsibility: Paul Collier and Jan Dehn.

Abstract:

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 countries with good policies.

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